BTC Dominance - Not since May 2020 has this happened - Oct 2025Market Cap BTC Dominance, %CRYPTOCAP:BTC.Dwithout_worriesOn the top half of the above 11 day chart Bitcoin dominance is shown with the OTHERS market capital total below. Bitcoin dominance: a ratio of Bitcoin market cap to cumulative market cap of other cryptocurrencies. OTHERS market capital: The total market capitalisation of the top-125 cryptocurrencies, excluding BTC and some other top cryptocurrencies (typically Bitcoin, Ethereum, XRP, BNB, all overbought at the moment, and stable coins). The subject of Bitcoin dominance was brought to my attention from a follower who asked: “Ww, Benjamin Cowen say’s Bitcoin dominance is about to explode upwards in October, do you agree?” If you don’t know who Benjamin is, get your Youtube out.. he’s a self made authority on Bitcoin technical analysis. In the last two videos there’s a strong call for an increase in Bitcoin dominance. Do I agree? No. Like Ben, I’m a statistician by trade. There’s Lies, damn lies, and statistics. The story Bitcoin dominance has done something not seen since May 2020. It has entered the Gaussian channel. It was the same condition that allowed the publication of the idea below for a dominance surge to 70% (now closed). What has confirmed? Broken market structure. Is that simple. Support and resistance must receive your full attention when betting on markets. So many folks ignore simple facts of the chart, betting before confirmation. I’m surprised this escaped Ben’s attention. But in fairness, I'm spending a lot of time on charts and not so much on video content! Why 11 day? Pro tip: the market chooses the timeframe, not you. Always choose a timeframe that matches pivots in the market with what tools you're using. What next? Look left. Once dominance has entered the channel, a test of the lower side is almost inevitable, which is currently 54%. After a bounce there’s a high probability dominance continues to fall until 48%. Compare and contrast previous collapses in Bitcoin dominance with the OTHERS market total shown in the bottom half of the chart. The market cap saw impressive gains. Now I can already hear the calls “Alt season”, not so fast. There are 23 million tokens. They are not all going to rally, there's just not enough money in the world for that to happen. In fact many will correct during this period, you have to be selective. Conclusions Bitcoin dominance entering the Gaussian channel is not a bullish event, it’s a structural warning. The last time this occurred was May 2020, and what followed wasn’t a Bitcoin surge, but a capital rotation into the broader crypto market. Even still Bitcoin price shall continue to rise. Broken market structure is confirmation enough. Once dominance enters the channel, the lower boundary (currently ~54%) tends to act as a magnet before any meaningful bounce. History suggests a continued decline toward 48% is probable, a range that has previously aligned with strength across selective alt coins. This doesn’t mean “alt season” in the influencer sense. The market isn’t about to lift 23 million tokens. It means opportunity will shift, and those with patience to identify strength, not just narrative, will benefit most. In short, Bitcoin dominance may have topped for now. The focus should move from prediction to confirmation, from generalisation to selection. The market has already chosen its timeframe. Now it’s choosing its winners, are you're positioned to benefit? Ww Bitcoin dominance long idea May 2022 Disclaimer: This post is for educational purposes only and reflects my personal opinion, not financial advice. Always do your own research, manage risk, and make decisions based on your own strategy and timeframe. Markets reward patience, not predictions.