BTC Reclaims $93K — Are Altcoins Ready for a Surprise Bounce?
Bitcoin pushed back above $93,000 on Wednesday, extending its relief rally from earlier in the week. While sentiment is improving, analysts warn that BTC still faces strong resistance ahead, especially around the $100,000 and $107,000 levels. Some even suggest the cycle high may have already formed above $126,000.
Meanwhile, market analyst CryptoBullet believes altcoins are bottoming against Bitcoin, similar to patterns seen in 2019. He expects a short altcoin rebound over the next couple of months as liquidity rotates away from BTC, potentially creating a “mini altseason,” even if a larger Bitcoin downturn may arrive in 2026. A major altseason, he suggests, could form between 2027 and 2029.
BTC is currently holding just above $93,000, up 2% on the day and 3% over the week.
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