Is Today a Good Time to Buy Bitcoin? Looking at Bitcoin Dominance

With Bitcoin dominance hovering around 63.52% and showing early signs of reversal, many crypto investors are asking the golden question, Is now a good time to buy Bitcoin? 

While the market remains uncertain, analysts are pointing to a potential shift in momentum, one that could change how we approach both Bitcoin and altcoins in the coming weeks.

Let’s break down what Bitcoin dominance means, how it affects the broader crypto market, and why this moment could be crucial for anyone looking to buy Bitcoin or explore altcoins.

What is Bitcoin Dominance and Why Does It Matter?

Bitcoin dominance (BTC.D) refers to the percentage of the total cryptocurrency market capitalization that is held by Bitcoin. In simple terms, it shows how much of the crypto market is controlled by BTC compared to other coins (aka altcoins).

When Bitcoin dominance rises, it usually means BTC is outperforming the rest of the market. On the flip side, a drop in dominance often indicates that altcoins are gaining strength.

As of today, Bitcoin dominance sits at 63.52%, slightly down by 0.20 points (-0.32%), a subtle but possibly significant sign.

Check Bitcoin (BTC) Price Today and BTC to USD: Convert Bitcoin to US Dollar

What Analyst is Saying about Bitcoin Dominance 

According to analysts like Darkfost and Mister Crypto, we could be on the edge of something big. 

Mister Crypto has highlighted a rising wedge pattern forming in Bitcoin dominance. Historically, this pattern has been a bearish signal, meaning dominance may be ready to reverse soon. 

If that happens, it could trigger a market-wide altcoin rally similar to what we saw back in 2021, when Bitcoin dominance dropped sharply and altcoins exploded in value. This idea aligns with current BTC dominance figures that suggest the asset is hitting resistance levels.

Read More: Is the Market Turning Bullish? Looking at Bitcoin's Price Sentiment

Altcoin Season on the Horizon?

While Bitcoin is still leading the pack, signs are showing that altcoins may be entering their accumulation phase, the period smart money often starts buying in.

Right now, the Altcoin Season Index is sitting at 18, a clear indication that altcoins are underperforming Bitcoin. For context, any number below 25 is considered to be Bitcoin season, where BTC outshines most altcoins.

But history tells us that when this number is low and Bitcoin dominance is high, a shift could be near.

Read More: Bitcoin (BTC) Forecast Price for 2025: Is BTC Price Still Under Pressure until the end of year?

Why Now Might Be a Good Time to Buy Bitcoin

Let’s look at several reasons why this could be a good moment to consider entering the market,  especially if you're planning to buy Bitcoin.

1. Bitcoin Still Holds the Market Crown

Even with upcoming altcoin opportunities, Bitcoin remains the most trusted crypto asset. If you’re new to crypto or looking for a more stable investment, BTC often acts as a safer bet than smaller, more volatile altcoins.

2. Bitcoin Dominance Near Resistance

With Bitcoin dominance reaching potential resistance, some investors see this as a signal to enter before a larger shift occurs. 

If BTC holds or continues to rise, buying now could be beneficial. If it drops, then your capital could also be used to rotate into altcoins for broader exposure.

3. Dollar-Cost Averaging (DCA) Strategy Works Well Now

Analyst Darkfost recommends dollar-cost averaging during this time, especially with altcoins. But the same strategy works with Bitcoin. Instead of timing the perfect bottom, buying at intervals helps spread your risk and increases the chance of entering during favorable zones.

4. Macro Support From Market Trends

From stablecoin trading volume patterns to historical dominance trends, many metrics suggest that we are either at or near the turning point in the crypto cycle. In past cycles, these setups have led to significant gains, especially for early movers.

Read More: BTC/USDT Price Analysis – Bitcoin Price Projection: Bearish $66,000 or Bullish $100,000?

Key Takeaways for Crypto Investors

Conclusion: Is It Time to Buy Bitcoin?

If you're wondering whether now is the time to buy Bitcoin, the answer might depend on your strategy.

For long-term believers in BTC, this could be a solid moment to accumulate while dominance remains strong. If dominance breaks down, Bitcoin may experience short-term corrections, but historically, these have also served as launchpads for altcoins.

Either way, the current setup, with Bitcoin dominance peaking, altcoins bottoming, and market signals flashing green, makes this a critical period to watch. Whether you’re team Bitcoin or eyeing altcoins, keeping a close look on dominance levels will help guide your next moves.

Read More: Bitcoin ETF Analysis: Outflows Surge Amid Trump's Tariff Shockwave

FAQ

What is Bitcoin Dominance?

Bitcoin dominance is the percentage of total crypto market cap that is held by Bitcoin. It shows how much Bitcoin is outperforming or underperforming compared to altcoins.

Is now a good time to buy Bitcoin?

Analysts suggest this may be a strong buying opportunity, especially with BTC dominance at resistance and market sentiment showing early signs of reversal.

What does a drop in Bitcoin dominance mean?

A drop in BTC dominance usually signals the start of altcoin season, where altcoins begin to outperform Bitcoin.

What is the Altcoin Season Index?

This index compares the performance of the top 50 altcoins against Bitcoin. A value below 25 means Bitcoin is dominating. A value above 75 suggests an altcoin season.

Should I buy Bitcoin or altcoins now?

This depends on your risk tolerance. Bitcoin is generally safer, while altcoins can offer higher short-term returns. Many use a DCA approach across both for balance.