BTC price At the time of writing, it fell to $93,270 and Saylor brought a decline again. With the new BTC purchase announcement, we saw that the Bitcoin price dropped by approximately $ 700. This classic decline occurs after almost every Saylor announcement. So what do experts think about Bitcoin (BTC)? $93,746.2 What do the current chart evaluations indicate for ? When will the rise in altcoins begin?
The Date When the Rise Will Begin in Altcoins
Especially new investors created strategies with different goals by accumulating well-established altcoins and new meme coins. However, many cryptocurrencies faced losses before gains as they fell to September levels.
In altcoins for the rise BTC The BTC.D (Bitcoin dominance) ratio, which shows market dominance, should decrease. Crypto Bullet shared the charts for 2017 and 2021 and announced its expectations for 2025 and wrote the following;
“Bitcoin dominance and Altcoins,
Blue Ellipse – The first drop leg of the 140 Day Altseason Golden Window. “I think we will retest the 55% level in January and see a real BTC.D meltdown in February-March.”
According to the analyst, the real rise period in altcoins will start around February, and QCP Capital experts also made such a prediction.
Bitcoin (BTC) Chart Commentary
Efforts to retest the $93,000 daily bottom with Saylor’s buying announcement BTC still hasn’t recovered. Daan Crypto Trades thinks that the period of stalling in the boring narrow range will continue as there has been no breakout in either direction yet.
“Until either of these levels are broken, I don’t expect much movement either way.
The process could be interesting if liquidity around $90,000 to $91,000 increases. However, I would prefer the price to remain above these levels to hold on to a more bullish market structure. “A pullback of $98,000 will open the door to the upper range again and therefore to a new all-time record level.”
The last analyst, TraderSZ, shared the chart below and said, “We can see such a start in the new year.”
In this case, the price violates the base support in altcoins It will move above $120,000 after a decline that could trigger huge losses.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
