⭐ Bitcoin dominance charts moving sideways may be a reversal signal that could kick off altseason say analysts.

Crypto's famed “altseason” a time during bull markets when smaller cap cryptocurrencies skyrocket in value could be coming very soon, according to market analysts.

On April 11, trader and analyst ‘Rekt Capital’ observed that the altcoin market capitalization “has been the only constant” despite Bitcoin’s price whipsawing over the past few weeks. It has been consistently retesting the $315 billion level as support for weeks now, he added.

Crypto traders have been keenly observing altcoin markets as they represent higher risk to reward returns, with many expected to surge during the next phase of the bull market.

Historically, altcoin price appreciate lags Bitcoin, and charts such as the altcoin market capitalization and Bitcoin dominance can provide traders some signals for when altcoins may be moving into a bull season of their own.