Bitcoin Dominance Retests Key Resistance as Altcoins Struggle to Recover

While Bitcoin continues to flex its strength, altcoins are stuck in the doldrums. With dominance holding above 60%, the market is clearly telling us that investors still prefer BTC over everything else.

The Key Level: 57% Support

Analyst More Crypto Online recently pointed out that Bitcoin dominance has been trending upward since September, and it's now testing a key resistance zone that could determine whether altcoins get a breather—or remain sidelined for longer.

The chart paints a clear picture—Bitcoin dominance is in an uptrend, and it's not backing down until one critical level breaks:

• 57% support is the line in the sand. As long as dominance stays above it, the bullish structure remains intact
• A clean break below 57% would signal the start of a new downward phase—potentially giving altcoins room to breathe
• Until that happens, there's no technical evidence that altcoins are mounting a comeback

The preferred scenario, shown as the white B-wave path on the chart, suggests dominance could push even higher before rolling over. The Elliott Wave structure points to a corrective move that's still unfolding, with the current leg not yet complete.

Bitcoin dominance is now testing a major Fibonacci cluster between 61.36% and 64.90%. This zone—highlighted in red on the chart—bundles together multiple resistance levels, making it a tough area to break through. But resistance alone doesn't guarantee a reversal. Without a confirmed breakdown below 57%, the path of least resistance still points up.

Why Bitcoin Keeps Winning

A few big-picture factors explain why Bitcoin continues to dominate:

Institutional money keeps flowing into BTC, especially with ETF demand still strong. Altcoins lack compelling narratives right now—no clear sector is leading the charge. During volatile periods, Bitcoin acts as the "safe haven" within crypto, pulling capital away from riskier assets.

For altcoins to stage a real comeback, three things need to happen: dominance needs to get rejected hard at current resistance, the 57% support must break convincingly, and capital has to rotate aggressively into alts. So far, none of those conditions are met. Until they are, altcoin traders might need to stay patient—or keep their focus on Bitcoin.