BTC Dominance Is Key If Bitcoin Hits $109K For Altcoin Season Clues

Bitcoin price crosses $100K (now ~$103K); rally lacks derivatives froth, suggesting sustainability. Analyst EGRAG CRYPTO says BTC closing above $109K is crucial for next bullish impulsive wave. Institutional interest in Bitcoin grows while retail is lukewarm; BTC dominance key to watch. Bitcoin (BTC) has once again surged past the six-figure mark, decisively crossing the $100,000 threshold with strong market momentum. As of press time, Bitcoin trades at $103,655 , reflecting nearly a 10% gain over the past week. A key aspect of this Bitcoin price $100k sustainable rally is that it comes without the usual signs of frothiness in the derivatives market. This, according to K33 Research, could signal a more sustainable rally this time around. Bitcoin has reclaimed six digits following continued strong momentum. In contrast to past $100k breakouts, we see no signs of derivatives froth as general defensiveness prevails, strengthening the case for lasting momentum and new ATHs. https://t.co/cVIVanaCGR — K33 Research (@K33Research) May 13, 2025 $109K: The Key Level for Bitcoin’s Next Impulsive Wave Crypto analyst EGRAG CRYPTO emphasizes the critical importa… The post BTC Dominance Is Key If Bitcoin Hits $109K For Altcoin Season Clues appeared first on Coin Edition .

Source: Coin Edition