The price of BTC has dropped to $93,270 at the time of writing this article, following a significant announcement from Saylor. This announcement has resulted in a decrease of approximately $700 in Bitcoin’s price. Such declines have become a common occurrence after almost every announcement from Saylor. What are the current chart evaluations by experts for Bitcoin (BTC) at $91,973? When can we expect the anticipated rise in altcoins to begin?
Projected Date for Altcoin Surge
New investors have adopted various strategies by accumulating established altcoins and emerging meme coins. However, many cryptocurrencies have experienced losses before making profits, especially as they fell back to September levels.
For an altcoin rally to occur, the BTC dominance ratio (BTC.D) needs to decline. Crypto Bullet has shared charts from 2017 and 2021, explaining expectations for 2025, stating:
“Bitcoindominance and Altcoins,
Blue Ellipse – the initial decline phase of the 140-Day Altseason Window. I believe we will retest the 55% level in January and see a significant drop in BTC.D during February-March.”
According to analysts, the actual rise in altcoins is expected to commence around February, a prediction also supported by experts at QCP Capital.
Bitcoin (BTC) Chart Analysis
Following Saylor’s announcement, BTC attempted to retest the daily low of $93,000 but has not yet recovered. Daan Crypto Trades believes that the current phase of stagnation will continue until a breakthrough occurs in either direction.
“Until either of these levels breaks, I don’t expect much movement in either direction. It could become interesting if liquidity increases around $90,000 to $91,000. However, I prefer the price to stay above these levels for a more bullish market structure. A reclaim of $98,000 would open the door to a new upper range and potentially new all-time highs.”
The final analyst, TraderSZ, shared a chart stating, “We might see such a beginning in the new year.”
In this context, a decline that breaches the price support could trigger significant losses in altcoins, potentially causing BTC to rise above $120,000.
