
Altcoins Rally Through BTC Dip as Analysts Eye Bull Market
The crypto market has witnessed a significant shift in recent days, with altcoins bouncing back and Bitcoin pulling back to $92,400. According to Santiment data, this unexpected dip is expected to be a net positive for the market cycle.
Miles Deutscher, a prominent market analyst, has broken down the current situation in the crypto market. He explains that the recent price moves are part of normal market behavior, testing old resistance levels and catching both late buyers in the run-up and panic sellers in the drop.
As per Santiment’s data, Ethereum had dropped by 17%, while Dogecoin and Chainlink had fallen about 22%. Smaller tokens showed deeper corrections between 20% and 35%. Despite this pullback, Deutscher believes that it could stretch the bull run by one to two months, creating more chances to profit throughout 2025.
The analyst forecasts a path where altcoins could outrun Bitcoin through January, hitting a local peak in Q1 2025. He notes that a big drop might follow, with Bitcoin taking the lead again before altcoins make an even stronger run in Q3-Q4 2025. This forecast follows the 2021 trend, where Bitcoin peaked in May and November, with a significant drop in between.
Deutscher’s analysis suggests staying flexible with portfolio choices and taking profits when markets peak. The longer timeline could give multiple chances to buy into promising sectors, especially in areas like AI that might see several waves of growth.
For traders, this outlook means being prepared for short-term swings while keeping an eye out for key opportunities that will unfold throughout the year.
Source: cryptotale.org