Recent analysis raises concerns over Bitcoin's continued strength as altcoins start to gain momentum.
Analyst Matthew Hyland suggests Bitcoin's latest uptrend might be at risk due to a decrease in its dominance in the crypto market.
Bitcoin reached 19-month highs of $44,729 but has since seen a slight retreat, causing speculation about the sustainability of its bull run.
After peaking at 55.26% dominance, Bitcoin's market share has dropped, potentially signaling an end to its current uptrend.
This shift in dominance could pave the way for an "altseason," where altcoins experience significant rallies.