According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin (BTC) dominance has reached a resistance level but shows no signs of weakness, signaling a full recovery to the January 2021 high near 73%. This strong BTC dominance trend suggests that most altcoins are likely to come under selling pressure, as capital continues to flow into Bitcoin over alternative cryptocurrencies. Traders should watch for potential downside in altcoin markets while BTC maintains its strength at these critical resistance levels. Source: Mihir (@RhythmicAnalyst), Twitter, June 21, 2025.

According to Mihir (@RhythmicAnalyst) on Twitter, BTC dominance has executed a textbook move by flipping a key resistance level into new support, as detailed in the initial post of his thread (source: @RhythmicAnalyst, May 12, 2025). This technical pattern indicates growing Bitcoin strength relative to altcoins, suggesting potential capital inflow into BTC and possible pressure on altcoin valuations. Traders should monitor BTC dominance charts closely, as this structural shift often precedes major market rotations and impacts crypto portfolio allocation strategies.