When is 'Altseason'?…Analyst: "Bitcoin dominance needs to fall below 60%"

Uk Jin

Summary

Crypto analyst Miles Deutscher highlighted Bitcoin dominance as a key indicator for determining whether the altseason has arrived.
He emphasized that altseason can be predicted if Bitcoin dominance falls below 60%.
In addition, ▲Ethereum's all-time highs against Bitcoin, ▲a sharp rise in the altseason index, and ▲retail and trend indicators are major parameters of the ARS model.

While investors continue to anticipate the arrival of the altcoin (virtual assets other than Bitcoin) season, some suggest that Bitcoin (BTC) dominance could be a key indicator for identifying the onset of altseason.

According to the cryptocurrency-focused media outlet Coindoo on the 9th (KST), crypto analyst Miles Deutscher unveiled the AI-powered model 'Altcoin Rally Score (ARS)' on X (formerly Twitter) to forecast the arrival of altseason.

The first variable in Deutscher's ARS model was 'Bitcoin dominance.' He explained that, to predict the arrival of altseason, one must assess capital rotation, and that tracking Bitcoin dominance falling below 60% is crucial.

In addition, Deutscher said he set ▲Ethereum's all-time highs against Bitcoin, ▲a sharp rise in the altseason index, and ▲retail and trend indicators as parameters of ARS.

BTC

ETH