Altcoin season is about to start!!!

[Sleekko]

So I guessed BTC’s top pretty well last time, so now I’ll try to guess the mid-term bottom and when altcoin season will kick off.

I think BTC will hit its low around Dec 6–11, near $87k. There might be a small daily dip even down to $79k, but it should stay in the channel and not go lower than $87k.

Altcoin season should start around Dec 6–16, depending on the coin. BTC dominance might climb back up to 61%, but that’s just a rough guess from some alt analyses I did.

I plan to jump into alts around Dec 6–9 and ride the alt season up. Until then, I expect a slow drop in alt prices, kind of retesting the lows from the crash on Oct 11.

I know there will probably be tons of silly comments like ‘bear market’ or ‘no alt season,’ blah blah blah. That’s the same stuff people said when I predicted BTC’s top at $124k–$129k back in September, which I actually called in June.

Right now, I see BTC hitting around $87k, and after that, it might retest the old big support line that’s now acting as resistance somewhere near $117k–$121k, depending on timing.

Remember: when BTC goes from $87k to $119k and its dominance drops fast from 61%, that’s usually when altcoins start to pump.

Take it as fact or just share your thoughts—your choice!

 

[Glamoco]

I don’t plan to put money into altcoins ever again.

 

[Upilword]

Good to hear your thoughts, but I don’t agree with everything.


First, you said BTC might hit $86k in December. But it’s already getting close this week. I think the bottom could be around $84.5k, maybe a little lower or higher, like $86k, but earlier than December.


Also, I don’t think altcoins will rise before BTC starts to go up again (if it does this year). BTC needs to reach its highest point first, maybe in December like 2017. Then altcoins might go up in January 2026, like they did in January 2018. Right now, I’m not even sure. Some people think the cycle is over. BTC could even go under the 50-week EMA for a second week, which is not great.


I hope BTC hits the bottom this week, maybe even today at $84k, and then starts to recover. That would be better than waiting and worrying for another two weeks.

If Bitcoin comes back strong, it might reach a new high, maybe around $134k–$152k. If it doesn’t, it could just make a small higher low, and the cycle could really be over. That would be bad for altcoins because the overall market isn’t good, and regular investors won’t return in just a month or two. They’ll probably come back in the next cycle when things are better. If altcoins do rise this time, it will likely be small, fast, and not as good as people expect.

 

[Sleekko]

Like I said, the bottom could be around $85.5k. Today we’re already back up to about $91k. The chart shows BTC might move between $95k and $85k, with a small drop to around $79k–$81k possible.

BTC doesn’t need a new high for altcoins to go up. I’m not sure where you got that idea. In the past, altcoins rose even when BTC lost about half its value.

The charts are clear. The slow drop in altcoins is making people impatient, and that’s actually a good sign.

 

[Sleekko]

Today we saw a quick drop to around 81,500 as stops got hit. Will we finish the day above 87,000 again? Let’s keep tracking this in the channel until about December 6–11 to gather more positions.

 

[Heracyte]

I read something that said when Bitcoin drops a lot, it can lose nearly half its value. That means even bigger drops are possible. A smart way is to put in a little money each month to even out the cost.

 

[Sleekko]

People should try to watch carefully, think for themselves, and use logic.


Right now, Bitcoin shows a ‘death cross,’ which usually looks scary, and lots of people are worried.
BUT when this happens and the RSI is very low, it often means Bitcoin will go up for a few months before any big drop.
At the moment, altcoins are clearly in a buying phase.
There’s so much fear being spread that people are overreacting.
BTC has been moving in a range for the past week, with the bottom around 85,500 between December 5–11. There are quick dips down, probably for buying, but it keeps closing each day above 85,500. We just can’t let it finish below that.


I think today it might even end above 89,000.


If it passes a certain level around December 6–10, it could start going up and might reach about $121,000 in the next three months.

 

[WeblogInterest]

People should try to watch carefully, think for themselves, and use logic.


Right now, Bitcoin shows a ‘death cross,’ which usually looks scary, and lots of people are worried.
BUT when this happens and the RSI is very low, it often means Bitcoin will go up for a few months before any big drop.
At the moment, altcoins are clearly in a buying phase.
There’s so much fear being spread that people are overreacting.
BTC has been moving in a range for the past week, with the bottom around 85,500 between December 5–11. There are quick dips down, probably for buying, but it keeps closing each day above 85,500. We just can’t let it finish below that.


I think today it might even end above 89,000.


If it passes a certain level around December 6–10, it could start going up and might reach about $121,000 in the next three months.

I just keep buying whenever the price drops, using what I can spend.
I’ve seen a lot of videos saying the same thing, that the last big move might be the fifth wave in this market, which could give altcoins a boost.
By this time next year, things could look very different…
Fingers crossed for us!