After months of uncertainty and lateral tradingFresh Technical Analysis suggests that Bitcoin (BTC) could finally have come out of its bears trap phase. A cryptocurrency expert indicates that the market entered a classic cycle of emotions, passing from fear to optimism. If this continuous trend, the next phase could trigger a large event, with Altcoins set to explode.
Bitcoin Bear Trap Ends, Altcoins Next
Crypto Analyst Adizor published On Wednesday media on Wednesday that Bitcoin officially reached the end of his Bear trap internship. He claimed that recent recessions have not been signs of further collapse, but of a final shakeout before the next phase of the cycle.
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To support his point of view, the cryptocurrency expert shared a graph that illustrates the classic Psychology and emotional transitions of a market cycle. From the beginning of the construction of momentum to the euphoric peaks and the painful capitulation, the graphic designer identifies where the traders are currently on the market. Adizorn’s graphic also stressed that the decline e false faults This has shocked the investors and has caused extreme fear in recent weeks, and now the market is in the “renewed optimism” phase.
It is interesting to note that this shift led the analyst to believe it Altcoins may soon start to sweat While the traders rotate their capital from BTC. On the basis of this trend, Adizor boldly provides that the Altcoin will explode later, with many potentially that they reach new maximums of all time.
His vision is strengthened by another market analyst, Mr. Crypto, who supports him September was simply a bears trap For Bitcoin, and that October, often nicknamed “uptober” in commercial circles, a new bullish phase starts, with the altcoin ready to drastically overperform. Adding further weight to the bullish case, Jelle of Crypto Expert underlined That both of the last two Bitcoin cycles lasted exactly 1,064 days. If the story is repeated, the current cycle could reach the peak around 27 October, giving Altcoin extra space to perform strongly at the end of November.
Altcoin season on the horizon
With the largest altcoin market already in the recovery phase past dropsThe market analyst Chiefy paints an equally bullish picture for these assets in 2025. His graphic designer demonstrate A series of releases, each of which marks a significant increase in altcoin assessments compared to Bitcoin. According to the cryptocurrency expert, Altcoins could reach their breakout phase on October 5, inaugurating what he calls “the greatest altseason in history”.
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The analyst’s chart highlights the past breakout points that multiplied the prices by 120x, 175x and 150x, with the next phase scheduled to reach 200x. This exponential growth model reflects what Trader testified in previous cyclesBy strengthening the idea that the cryptocurrency market will tend to the rhyme, if it does not repeat itself.
Chiefy said that the Since the Altcoin season is up It could push prices to new ATHs and offer huge opportunities for traders. He underlined that, after months of consolidation and infinite Shakeout, the momentum of the market officially moved to a clear trend phase, with low -capitalization cryptocurrencies ready to start the gatherings. According to him, in 2017 and 2021, traders who have accumulated Altcoin at this stage have seen earnings that change their lives.
First floor image from Pixabay, TradingView.com graphics