As the Bitcoin price continues to navigate market headwinds and consolidate above $108,000, analysts forecast that its next explosive move could trigger a full-scale altcoin 0 are now targeting a potential rise toward $200,000, identifying this new all-time high level as Bitcoin’s potential cycle top while suggesting that the cryptocurrency has yet to establish a definitive 1 Price Explosion To Ignite Biggest Altcoin Season Ever According to digital asset analyst CrediBULL Crypto, Bitcoin’s next parabolic surge could catalyze the biggest altcoin season the market has ever 2 analyst shared an Elliott Wave chart analysis, showing that BTC is in the early stages of its final fifth wave, a phase that has historically delivered some of the most explosive price rallies in bull 3 Reading: Is The Bitcoin Supercycle Still In Play?
Wave 3 Tells A Story Of A Surge Looking at the chart, the first subwave of Wave 5 has already produced a 37% gain, suggesting that the upcoming third and fifth subwaves could be significantly larger, potentially driving Bitcoin well above $150,000 and even toward the $200,000 4 Crypto argued that such a bullish move will not be grounded in logic or fundamentals but in market psychology, specifically speculation, greed, and 5 revealed that this emotional environment often leads to extreme volatility, which fuels liquidity rotation into alternative cryptocurrencies. Historically, when investors begin redirecting capital away from Bitcoin into altcoins after a BTC top, it typically sparks a full-blown altcoin 6 smaller-cap assets experience rapid, exponential gains during this time, especially as the Bitcoin Dominance (BTC.
D) declines 7 Crypto emphasizes that this phase of irrational exuberance is a natural part of the market 8 the Bitcoin mania peaks, the resulting FOMO often drives investors to seek higher and faster yields in other 9 analyst further added that as long as BTC continues to climb, altcoins are likely to follow 10 Recommends Locking In Ahead Of The Rally In a prior analysis on X social media, CrediBULL Crypto reaffirmed his belief that the current market cycle top has not yet been 11 recent volatility and market crash fueled by the devastating liquidation event on October 10, the analyst maintains that Bitcoin remains structurally bullish on High-Timeframes (HTFs).
Related Reading: Expert Says ‘The Time Has Come’, What Could Drive The Next Explosive Altcoin Season He noted that the recent market pullbacks could offer opportunities for traders affected by the liquidation cascade to rebuild positions ahead of the next explosive 12 stated that even a small allocation, about 10% of their previous holdings, could yield substantial returns if the projected parabolic move 13 Crypto has highlighted a critical invalidation level near $74,000, suggesting that as long as the Bitcoin price holds above this zone, its long-term uptrend remains 14 doubled down on his bullish projection, insisting that the next major rally could propel BTC significantly above $150,000.
Featured image from Unsplash, chart from 15
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