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Altcoin Reckoning: Will History Repeat for a Final Flush Before a Major Bull Run?

A final flush-out for altcoins may be coming as Bitcoin dominance surges. Crypto analysts predict short-term pain but hint at a potential altseason in 2025.

With Bitcoin market dominance reaching a high, altcoins may be set for one last “flush-out” before any chance of substantial gains. Notable analysts are seeing echoes of previous market cycles, suggesting a “final altcoin reckoning” similar to patterns seen in 2019. Could altcoins experience one more tough phase before an explosive recovery?

A financial graphic illustrating Bitcoin and altcoin market dominance with a crypto logo symbolizing the altcoin reckoning forecast.
Market Insights: Is a Final Altcoin Flush Imminent Before a Potential Bull Run?

Key Points:


  1. Predictions of a Final Flush for Altcoins

    • Crypto trader and ITC Crypto founder Benjamin Cowen predicted an imminent altcoin “reckoning,” set to peak by December 2024 or early January 2025.

    • Cowen likens current market conditions to 2019, expecting a short-term drop followed by a gradual recovery in 2025.


  2. Historical Market Cycle Patterns

    • Previous market cycles show altcoins taking a final dip in Bitcoin-dominant periods, followed by gradual recovery and altseasons in post-halving years (e.g., 2017 and 2021).

    • Another analyst, "ardizor", suggests that altcoin seasons tend to follow these cycles, with patterns aligning with Bitcoin’s dominance.


  3. Bitcoin Dominance and Altcoin Declines

    • Bitcoin's market dominance has surged to over 60%, its highest since March 2021, while altcoins like ETH, SOL, and BNB have lost 8–11%.

    • Analysts expect no significant altcoin movements until BTC dominance falls below 50%.


  4. Potential for Altseason in 2025

    • Crypto investor Sensei speculated an altseason could start within days, although Cowen expects a sustained altcoin rally only after Bitcoin’s market share eases.



The current outlook for altcoins is cautious, with many expecting a challenging period before a potential resurgence. Historical patterns hint that a stronger altcoin market may return post-halving, but the immediate future points to Bitcoin dominance holding sway. Traders and investors are preparing for what could be the final chapter of this altcoin bear cycle, hoping for a brighter 2025.



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