#BTCBreaks89k
🔶🔸 Altseason.Incoming? BTC Correction Might Spark Huge Gains for Alts! 💸💸
I want to share my thoughts on Bitcoin’s performance and the potential for a major altseason ahead. In October, Bitcoin rose by around 10% to 15%, reaching up to $70k, while in November, it has surged by 30%, hitting $90k in just ten days. This rapid $20k increase in BTC price within such a short time suggests a correction is likely, possibly pulling back to $78k-$80k.🔸
Another factor to consider is the ongoing Israel-Iran tension. Currently, the situation seems stable, but even a single missile strike could lead to a sudden BTC market correction rather than a crash—again likely in the range of $78k to $80k.🔸
If BTC undergoes this expected correction, its dominance may decline, potentially causing altcoins to dip by 10% to 25%. However, with BTC’s dominance decreasing, we could see renewed interest and capital flowing into altcoins, leading to a sharp 100% pump in alts within a day or two.🔸
This bull season is expected to continue until March, making it crucial not to exit alts hastily. Re-entering could be challenging due to potential panic in the market during corrections. A correction may be followed by an even bigger pump, so holding onto alts is key. This could be the most significant altseason in history, so avoid the temptation to sell and try to buy back at a lower price, as there might not be another good entry opportunity. Just hold through the corrections for the best potential gains.🔸🔶