Bitcoin Dominance (BTC.D) creates a familiar pattern that indicates an incoming altcoin surge. This development comes as the general crypto market continues to show high levels of volatility due to macroeconomic influences, as seen for most of October.
Bitcoin Dominance Will Retest the 53% Level: Altcoin Capital Rush?
In an X article from November 1, a renowned market expert under the username PlanD presents an in-depth analysis of the Bitcoin dominance chart, which measures the percentage of Bitcoin’s share in the total crypto market capitalization.
Generally, an increase in Bitcoin dominance indicates that the leading cryptocurrency is outperforming other cryptocurrencies (altcoins), while vice versa indicates the opposite, with extreme situations representing an alternative season.
According to PlanD, Bitcoin’s dominance is now forming a similar trend, which mirrors the altcoin’s rally in July 2025. Notably, BTC.D sustained an uptrend for around 50 days before falling to significant levels, representing a strong rotation of capital into other cryptocurrencies outside of Bitcoin.
The crypto analyst notes that Bitcoin dominance is at the top of this similar structure, with the technical foundations now complete for another sharp breakout. If BTC.D follows the same pattern, PlanD predicts a potential decline to around 53%.
With a current total market cap of around $3.71 trillion, this projection could represent a significant inflow of around $222.6 billion into altcoins over the coming weeks.
The Altseason signal to watch
As previously noted, an alt season occurs when altcoins significantly outperform Bitcoin over an extended period of time. Although PlanD’s analysis suggests an imminent altcoin rally, its duration remains uncertain.
However, fellow analyst Ted Pillows pointed out a key indicator that would confirm the start of a new season. In a recent article on X, he explained that altseason is only validated once the total altcoin market cap, excluding stablecoins, hits a new all-time high.
Currently, this benchmark stands at $1.03 trillion, while the current market capitalization of altcoins (excluding stablecoins) is approximately $718.89 billion. Given PlanD’s forecasts, there is strong potential to reach this required threshold in the short term.
At the same time, recent macroeconomic developments are also encouraging for projected altcoin inflows. Notably, two Solana Spot ETFs marked their trading debut this week, marking the significant expansion of institutional interest beyond Bitcoin and Ethereum.
At press time, the CoinMarketCap Altcoin Season Index stands at 31, suggesting the market is still firmly in Bitcoin season and altcoins require major outperformance to scale up.
Featured image from iStock, chart from TradingView
