Bitcoin dominance falls paving the way for an explosive altseason.
Analyst says this may be the last chance to buy the dip before explosive altcoin gains.
This may be an early start to altseason, altcoins prepare to hit new ATHs.
Bitcoin holds a spot at $97,000 price range as it maintains a steady sideways movement following a new ATH set at $103.900.47. After a healthy market correction, Bitcoin’s price dipped and continues to hover in what could be a long sideways movement between $90,000 and $110,000.
Bitcoin Dominance Falls Giving Way for Altseason
This expectation suggests more dips and new ATHs ahead. For certain, many analysts remain bullish on what is in store next for Bitcoin and the crypto market. The most popular prediction at the moment is that the price of BTC will hit $125,000 by January - February before going on to set a new ATH of $200,000 in 2025.
Following Bitcoin’s bullish momentum are the high expectations for altseason this ongoing crypto bull cycle. Many analysts expected altseason to begin in Q1 of 2025, however do to the recent bullish pumps seen by many popular altcoins analysts believe that altseason has already begun suggesting an early start to altseason this year.
Last Chance to Buy the Dip Before Altseason
https://twitter.com/Washigorira/status/1866423904740479081
Now comes the most important question that many crypto traders and investors are asking, is it too late to leverage altseason? As we can see from the post above, one analyst says that the current crypto market dip could be the last opportunity for traders and investors to buy the dip before the crypto market and altcoin prices explode.
In detail, the analyst says that Bitcoin dominance is in a downtrend and therefore setting the stage for an explosive altseason. In addition, the analyst also highlights that the following weeks and months could be a game-changing phase for altcoin holding yielding gains of massive numbers.
The post Last Chance to Buy the Dip Before Explosive Altseason Arrives, Analyst Prepares for Major Altcoin Gains appeared first on Crypto News Land.
