Crypto analysts suggest that an altcoin season might be approaching as Bitcoin's dominance has been increasing for 600 days. Recently, Bitcoin's price has hovered between $59,190 and $61,947, facing resistance at $65,000.
Meanwhile, altcoins have been in a downtrend for over 150 days. These indicators have led to speculations that altcoins may soon experience a significant rise.
Altcoin investors and enthusiasts are closely monitoring the market for signs of a potential shift in the cryptocurrency landscape.
