TL;DR
- Bitcoin is close to breaking its bearish structure, holding above $98,700, which could push it toward $104,500 by mid-June 2025.
- The longer-than-expected correction period has presented an ideal re-accumulation opportunity for investors.
- According to historical analysis, the long-awaited altcoin season (altseason) could kick off in early 2026 once BTC dominance pulls back from the 71% level.
Bitcoin, the leading cryptocurrency, appears poised to leave its bearish phase behind this May 2025. Well-known crypto analyst Rekt Capital has pointed out that if the price manages to hold above $98,700 this week, it could trigger a strong rally toward $104,500 before mid-June.
Currently, Bitcoin is trading at $103,065.42, with a +3.67% performance over the past 24 hours and an impressive market capitalization of $2.04 trillion. These figures reflect not only sustained growth but also renewed market confidence in digital assets, despite ongoing skepticism in more traditional financial sectors. Even financial institutions that were once skeptical are now beginning to acknowledge BTC’s resilience and growing importance in the global economy. This new momentum has sparked excitement among retail investors, drawing in both experienced traders and newcomers eager to capitalize on upcoming price movements.
Historic Correction Opens Door To New Gains
The trader emphasizes that Bitcoin has nearly completed its first price discovery correction phase, a phenomenon that often scares impatient investors but has historically offered great buying opportunities. Although this phase lasted longer than in previous cycles, it did not diminish its potential: it allowed for BTC accumulation at strategic prices ahead of an upward reversal. This strengthens the optimistic view of those who believe in Bitcoin’s long-term value, as market cycles tend to repeat and reward those who stay confident during moments of uncertainty and volatility.
Altcoins Ready For Their Shining Moment
The analysis also suggests that, following past patterns, the much-anticipated “altseason” could materialize in 2026 when Bitcoin’s dominance, currently at 65%, reaches around 71% and then begins to decline. This scenario is particularly relevant for those closely following Ethereum, Solana, and other projects since, historically, when capital starts flowing from Bitcoin to altcoins, significant returns are generated in these assets.
While some sectors of the financial market continue to doubt the potential of cryptocurrencies, pro-crypto analysts insist we are facing a historic opportunity. Those who understand the cycles and know how to wait could be on the brink of one of the largest crypto market expansions in the coming months.
