According to @MI_Algos, the latest BTC drawdown reflects a leverage flush and weak-hand capitulation across BTC, ETH and altcoins rather than a confirmed structural breakdown, highlighted by mass liquidations and extreme fear readings, which have historically presented opportunity zones for disciplined traders, source: @MI_Algos. According to @MI_Algos, a 50-day and 200-day SMA death cross is imminent and has historically aligned with macro bottoms in BTC, with the path hinging on whether price can hold support within the larger structure, source: @MI_Algos. According to @MI_Algos, the critical pivot is the Yearly Open near 93.3k, where weekly and monthly closes below that level would open risks for a 50 to 60 percent drawdown, while holding and reclaiming the 50-day SMA into the weekly close would favor stabilization, source: @MI_Algos. According to @MI_Algos citing Chainalysis, North America processed 2.3 trillion dollars in crypto transactions from July 2024 to June 2025 with 45 percent in transfers over 10 million dollars, indicating elevated institutional participation, source: Chainalysis via @MI_Algos. According to @MI_Algos citing industry observations, large institutions are building custody and settlement rails, consistent with ongoing enterprise adoption trends, source: EY via @MI_Algos. According to @MI_Algos, traders should monitor BTC dominance versus TOTAL3 for rotation signals, USDT dominance for risk-on or risk-off, and whether BTC can recapture the 50-day SMA to neutralize the immediate death-cross risk and set up a later golden cross, source: @MI_Algos. According to @MI_Algos, the author’s scenarios are worst case a breakdown below the Yearly Open into a 50 to 60 percent bear market, base case fear and greed at 8 to 11 with consolidation above the Yearly Open and recovery toward price discovery in 2026, and best case a quiet institutional bid that averts major downside, source: @MI_Algos. According to @MI_Algos, the actionable approach is range trading with predefined levels, watching liquidity and dominance flows, and letting the chart data, not narratives, drive execution, source: @MI_Algos.

According to @ReetikaTrades, current Crypto Twitter warnings that the cycle might be over are late because many altcoins are already effectively at zero, underscoring heavy drawdowns in smaller coins (source: @ReetikaTrades on X, Nov 13, 2025). According to @ReetikaTrades, these warnings are not about Bitcoin and she implies few commentators actually own BTC, reinforcing a BTC-over-altcoins bias in positioning and sentiment (source: @ReetikaTrades on X, Nov 13, 2025). For traders applying this view, risk concentration appears highest in illiquid altcoins while BTC may serve as the relative-strength benchmark to prioritize for allocation and risk management (source: @ReetikaTrades on X, Nov 13, 2025).

According to the source, Cathie Wood said stablecoins are replacing the payments role that BTC was expected to fulfill in emerging markets, while Bitcoin’s store-of-value function should have surged. According to the source, this view shifts trading focus toward the digital-gold narrative, suggesting attention to BTC dominance and spot accumulation strategies over payments adoption trades. According to the source, traders should monitor BTC dominance, overall stablecoin supply growth, and on-chain demand indicators to gauge whether the store-of-value narrative strengthens BTC on dips.

According to Miles Deutscher, he has shared a Bitcoin dominance (BTC.D) analysis outlining what needs to happen for altcoins to pump, directing traders’ attention to dominance-driven rotation dynamics. Source: Miles Deutscher on X, Nov 9, 2025. Bitcoin dominance measures BTC’s share of total crypto market value, so a sustained decline in BTC.D mathematically signals capital rotating into non-BTC assets, a key precondition for broad altcoin outperformance. Source: CoinMarketCap Glossary on Bitcoin Dominance. Traders commonly track BTC.D on TradingView and look for lower highs or breakdowns to confirm rotation, as falling dominance historically aligns with stronger altcoin breadth. Source: TradingView BTC.D index. A practical confirmation is BTC.D trending down while the total crypto market cap ex-BTC (TOTAL2) trends up, indicating net inflows to altcoins rather than isolated spikes. Source: TradingView TOTAL2 and BTC.D. When BTC price action stabilizes while BTC.D falls, altcoins typically see relative strength; conversely, rising BTC.D often suppresses altcoin performance as BTC absorbs a larger share of flows. Source: CoinMarketCap dominance methodology and TradingView historical behavior of BTC.D.

According to @CryptoMichNL, the market setup resembles Q4 2019–Q1 2020, noting that altcoins lagged before rotating then, and that BTC dominance has made its first pullback with a second decline expected this quarter, implying a possible altcoin outperformance if confirmed (source: @CryptoMichNL on X, Nov 9, 2025). For trading, this view suggests monitoring BTC.D for a second leg lower and tracking alt/BTC pairs for strength and liquidity rotation around that signal (source: @CryptoMichNL on X, Nov 9, 2025).

According to the source, a decline in Bitcoin dominance (BTC.D) is being flagged as a potential early signal for an altcoin season rotation. Source: public X post dated Nov 9, 2025. Historically, sharp drops in BTC.D preceded broad altcoin outperformance in 2017 and early 2021, when BTC.D fell from roughly 85% to 38% (2017) and from about 72% to 40% (2021). Source: CoinMarketCap historical dominance data; TradingView BTC.D. For trading execution, monitor BTC.D versus its 200-day moving average, the ETHBTC trend, and breadth/liquidity in mid-cap alts; breakdowns in BTC.D have aligned with stronger alt performance and higher turnover in prior cycles. Source: Binance Research 2021 Year in Review; Kaiko Research liquidity reports; TradingView. Risk management should include watching funding rates, perp basis, and BTC volatility, as crowded rotations can unwind quickly when BTC’s realized volatility spikes. Source: Glassnode Insights derivatives metrics; Binance Research derivatives overviews.

According to @cryptorover, altseason is delayed, not cancelled, as stated in an X post on Nov 5, 2025; source: Crypto Rover on X, Nov 5, 2025. The post provides no timing guidance, indicators, or asset-specific targets and should be treated as sentiment rather than a data-backed signal; source: Crypto Rover on X, Nov 5, 2025. No supportive on-chain metrics, BTC dominance readings, or ETH/BTC references were included in the statement; source: Crypto Rover on X, Nov 5, 2025.

According to the source, the hypothetical disappearance of Bitcoin focuses traders on liquidity concentration and cross-asset correlations, with BTC representing roughly half of total crypto market capitalization across 2023–2024, implying a large-cap and liquidity shock if removed, source: CoinMarketCap Bitcoin Dominance data. ETH has maintained a strong positive 90-day rolling correlation with BTC, frequently above 0.6 in 2023–2024, indicating ETHUSD and ETHBTC dislocations and higher basis volatility when BTC experiences regime shifts, source: Kaiko correlations research. On centralized exchanges, BTC provides the deepest order books and a large share of spot and derivatives activity, and episodes of BTC-led stress have coincided with wider spreads and thinner depth in altcoin books, implying immediate liquidity deterioration if BTC were removed, source: Kaiko Market Structure reports and CCData Exchange Review 2024. XRP exhibits a positive but lower and regime-dependent correlation to BTC, with idiosyncratic catalysts such as the July 13, 2023 SDNY ruling in SEC v. Ripple causing temporary decoupling, yet broad market selloffs have still transmitted to XRP, source: U.S. District Court SDNY order and CoinMarketCap price data. Stablecoins such as USDT and USDC are the dominant quote assets for altcoins, so trading would likely reroute to stablecoin pairs, but historical structural shifts have shown initial liquidity fragmentation and higher slippage, source: Kaiko stablecoin market share analyses and Binance Research liquidity studies. BTC perpetuals and futures anchor funding rates and the crypto volatility term structure; when those benchmarks dislocate, altcoin perpetuals exhibit higher funding variability and basis swings, implying heightened derivatives risk without BTC, source: Kaiko derivatives reports and CME Group market statistics.

According to the source, traders asking when altseason starts should track six objective signals that have historically preceded altcoin outperformance, with each tied to verifiable data sources. 1) BTC dominance (BTC.D) rollover: Altseason historically begins when BTC.D tops and enters a downtrend; use breaks below 50D/200D moving averages and lower highs to confirm. Source: Binance Research, Bitcoin dominance studies (2020–2021); TradingView BTC.D index. 2) ETH/BTC trend reversal: Sustained ETH/BTC uptrend (higher highs, closes above the 200D MA) typically leads broader alt strength. Source: Kraken Intelligence, Altcoin season research (2021); Binance Research, factor and beta studies (2021); TradingView ETHBTC. 3) Derivatives rotation: Rising share of open interest and volume in altcoin perpetuals versus BTC, alongside steadily positive alt funding while BTC funding normalizes, has preceded alt rallies. Source: Glassnode Insights, Derivatives and leverage reports (2023); Binance Futures Research, funding and basis (2022); Deribit Insights, perpetual markets notes (2022). 4) Stablecoin dry powder: Increasing aggregate stablecoin supply and rising stablecoin exchange balances, as well as a falling Stablecoin Supply Ratio (SSR), indicate deployable capital into alts. Source: Glassnode, Stablecoin Supply Ratio (SSR) metric documentation (2020); CryptoQuant, stablecoin flow metrics documentation (2021). 5) Market breadth: A majority of top-100 alts closing above their 200D MA with expanding volume signals healthier breadth needed for altseason. Source: TradingView Screener methodology; Binance Research, market breadth and cross-sectional momentum studies (2021). 6) On-chain profit rotation: Elevated realized profits in BTC with a declining short-term holder supply share, followed by increasing alt exchange inflows, suggests rotation risk. Source: Glassnode Insights, realized profit/loss and HODL wave analyses (2021–2023). Trading approach: Wait for at least three of the above triggers to align, then scale into ETH/BTC and a diversified alt/BTC basket; invalidate if BTC.D makes new highs or if ETH/BTC loses its 200D MA on closing basis. Source: Binance Research, portfolio construction and rotation frameworks (2021); Kraken Intelligence, rotation playbooks (2021).

According to @MI_Algos, the Federal Reserve delivered a second 25 bps rate cut that was fully priced, while Chair Powell guided markets not to expect a December cut but hinted at a potential pause to QT in December, a quiet liquidity tailwind that could support risk assets more than the cut itself (source: @MI_Algos). According to @MI_Algos, the lack of an immediate upside in BTC, ETH, and altcoins stems from the rate cut being anticipated and from Powell’s cautious outlook amid data constraints tied to a government shutdown, leaving traders to weigh liquidity versus uncertainty (source: @MI_Algos). According to @MI_Algos, post-meeting comments from Trump about a highly positive conversation with Xi buoyed sentiment, but the absence of a signed agreement and only a pause on China’s rare earth export limits leave conviction weak and keep tail risks like tariffs in play (source: @MI_Algos). According to @MI_Algos, near term BTC is expected to trade in a wide range as markets digest a likely no-cut December paired with a possible QT pause, favoring a headline-driven, conviction-light tape where savvy traders can fade intraday extremes (source: @MI_Algos). According to @MI_Algos, a key market tell is BTC dominance: if BTC.D rolls over while TOTAL3 rises, it signals rotation into select higher-beta alts; if BTC grinds sideways and dominance bleeds, the market may be saying rotate or go risk-off (source: @MI_Algos). According to @MI_Algos, if a December cut is truly off the table and China delays, the regime shifts to good news equals profit-taking and bad news equals bad news, increasing volatility as labor, inflation, and tariff data get overweighted into November (source: @MI_Algos).

According to @CryptoMichNL, the altcoin market capitalization versus BTC is at the start of a bull phase, with a MACD structure mirroring Q1–Q2 2020 on his chart, implying upside in altcoin BTC pairs; source: @CryptoMichNL on X, Oct 20, 2025. He states the latest drawdown is comparable to the FTX and COVID-19 capitulations that marked prior cycle bottoms, framing it as a bottoming event; source: @CryptoMichNL on X, Oct 20, 2025. He describes this as the longest bear market in altcoins and argues indicators are about to turn upward, asserting that selling now is a poor decision; source: @CryptoMichNL on X, Oct 20, 2025. Trading takeaway: if the MACD construction follows 2020 as claimed, a rotation from BTC dominance into altcoins could accelerate; source: @CryptoMichNL on X, Oct 20, 2025.

According to Jack Dorsey, BTC is not crypto, BTC is money, as stated on X on Oct 19, 2025, highlighting a Bitcoin-first framing that directly targets monetary use over broader crypto utility narratives. Source: Jack Dorsey on X. For traders, this aligns with Block, Inc.’s ongoing corporate exposure to BTC and Bitcoin-focused initiatives, which signal sustained institutional-level conviction behind the asset’s monetary thesis. Source: Block, Inc. shareholder letters and product announcements (2023–2024). To validate any rotation toward a Bitcoin-first trade, market participants typically track BTC dominance (BTC.D), U.S. spot BTC ETF net flows, and spot-futures basis to gauge whether demand and liquidity are improving. Source: TradingView BTC.D; Farside Investors spot Bitcoin ETF flow tracker; derivatives market dashboards from major venues. Narrative support alone does not move price without confirming flows and market structure; traders often wait for positive net ETF inflows and an uptrend in BTC.D before increasing BTC overweights relative to altcoins. Source: Farside Investors ETF flow data; TradingView BTC.D.

According to @WatcherGuru, Jack Dorsey stated on X that “Bitcoin is not crypto” on Oct 19, 2025, and the source post provides no additional context, link, or market data, source: @WatcherGuru on X, Oct 19, 2025. - Trading focus 1: Monitor BTC dominance (BTC.D) and BTC spot volumes for any near-term sentiment shift toward BTC-only positioning; the source cites the statement but reports no price reaction, source: @WatcherGuru on X, Oct 19, 2025. - Trading focus 2: Track altcoin breadth and key BTC pairs (ETH/BTC, SOL/BTC) for relative underperformance if the narrative gains traction; the source does not indicate any altcoin-specific impact at the time of posting, source: @WatcherGuru on X, Oct 19, 2025. - Trading focus 3: Treat this as headline risk because the source post is a single-line quote without interview context; wait for confirmation or follow-up materials before adjusting exposure materially, source: @WatcherGuru on X, Oct 19, 2025.

According to the source, Alice Liu, Head of Research at CoinMarketCap, said altcoin performance is already unfolding and success in Q4 will depend on being positioned in the right market segment, source: Alice Liu, Head of Research at CoinMarketCap, public remarks on Oct 19, 2025. The comment did not include specific tokens or quantitative targets, but explicitly emphasized segment selection for altcoins into Q4, source: Alice Liu, Head of Research at CoinMarketCap, public remarks on Oct 19, 2025. Traders commonly gauge altcoin rotation by tracking Bitcoin dominance and relative strength across sector indices, with these tools available via TradingView and CoinMarketCap market categories, source: TradingView BTC dominance metric documentation; CoinMarketCap market categories overview. For risk management when rotating into altcoins, liquidity depth and derivatives funding rates are frequently monitored using data from major exchanges and analytics platforms, source: Binance Academy funding rate explainer; CoinMarketCap liquidity metrics pages.

According to the source, Jack Mallers stated that BTC will be the first to move if authorities are forced to print, signaling potential Bitcoin leadership on renewed liquidity. source: X post on Oct 18, 2025 For trading alignment, monitor USD liquidity gauges including the Federal Reserve balance sheet, the Treasury General Account, and the Overnight Reverse Repo balances to detect expansionary shifts. source: Federal Reserve H.4.1 statistical release; U.S. Treasury Daily Treasury Statement; Federal Reserve ON RRP data Seek market confirmation via BTC dominance, CME BTC futures open interest and basis, and perpetual funding rates to validate leadership and risk-on impulse. source: TradingView BTC.D; CME Group Bitcoin futures statistics; Glassnode derivatives dashboard If liquidity expands alongside rising BTC.D, positive basis, and increasing OI, momentum longs in BTC or BTC-over-alts relative-value pairs are commonly deployed; if signals diverge, fade breakouts and reduce risk. source: CME Group term structure data; TradingView price and dominance; Glassnode derivatives metrics Define risk using the 20, 50, and 200-day moving averages and prior swing highs to set invalidation and position sizing. source: TradingView technical indicators

According to @KookCapitalLLC, a rotation from gold into Bitcoin is about to take off and investors should allocate accordingly. Source: x.com/KookCapitalLLC/status/1979485838309314570 To validate the signal, traders can monitor the BTC-to-gold ratio (BTC/XAU) for momentum confirmation using publicly available charts that price BTC in ounces of gold. Source: tradingview.com and insights.glassnode.com Check fund flows for evidence of capital rotation by comparing daily creations/redemptions in SPDR Gold Shares (GLD) against net flows into US spot Bitcoin ETFs such as iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). Source: spdrs.com for GLD flows, ishares.com for IBIT data, and fidelity.com for FBTC data Assess positioning risk via CFTC Commitments of Traders for COMEX gold futures and CME Bitcoin futures to identify potential fuel for a trend if managed money positioning is stretched. Source: cftc.gov Gauge broader crypto risk appetite with Bitcoin dominance trends; rising BTC dominance alongside weakening gold-related metrics would corroborate a gold to BTC rotation. Source: coinmarketcap.com Note that the post does not provide timing or quantitative levels, so treat it as a sentiment cue and confirm with objective indicators listed above before reallocating. Source: x.com/KookCapitalLLC/status/1979485838309314570

According to @Andre_Dragosch, a rotation of just 1.7% of gold’s market value into Bitcoin could double BTC to about 200,000 USD, highlighting BTC’s high price sensitivity to marginal flows, source: André Dragosch on X, Oct 18, 2025. Using World Gold Council estimates that the total value of above-ground gold has been roughly 13–16 trillion USD in recent years, a 1.7% shift implies about 220–270 billion USD of potential inflows, source: World Gold Council. At 200,000 USD per BTC and a circulating supply near 19.6–19.7 million coins, Bitcoin’s market value would be around 3.9 trillion USD, implying a market-impact multiple of roughly 14–18x versus the notional inflow; traders should monitor BTC dominance, spot BTC ETF net flows, and gold outflows for confirmation of rotation, source: Blockchain.com circulating supply data; arithmetic based on price × supply; issuers’ daily ETF flow reports; LBMA gold market statistics.

According to @rovercrc, investors are losing trust in fiat and gold is skyrocketing, a backdrop that could revive the digital gold narrative and redirect flows toward Bitcoin BTC for a safe-haven rotation trade, source: @rovercrc. Traders tracking this thesis can watch for a rebound in BTC to gold correlation, rising BTC dominance on risk-off sessions, and improving spot BTC ETF net inflows alongside gold strength, source: @rovercrc.

According to @Andre_Dragosch, cryptoasset sentiment has already undergone significant capitulation, while traditional finance sentiment is now catching down to the downside, implying relative resilience for Bitcoin (BTC) during the current macro turmoil. Source: André Dragosch on X, Oct 16, 2025. According to @Andre_Dragosch, BTC acts as the canary in the macro coalmine, having led in pricing risk and potentially holding up better than other risk assets as broader risk-off accelerates. Source: André Dragosch on X, Oct 16, 2025. According to @Andre_Dragosch, traders can position for potential BTC relative strength versus equities and higher-beta crypto if this divergence in sentiment persists, with the thesis hinging on TradFi sentiment normalization lagging crypto. Source: André Dragosch on X, Oct 16, 2025.

According to @MilkRoadDaily, Bitcoin (BTC) has been lagging, but analyst Jamie Coutts indicates that underperformance may soon reverse and the current crypto cycle remains intact, suggesting potential BTC leadership ahead; traders should be prepared for rotation dynamics favoring BTC. Source: Milk Road on X, Oct 16, 2025. Traders can monitor BTC dominance and the BTC/ETH spread for confirmation of a leadership shift if this view plays out. Source: Milk Road on X, Oct 16, 2025.