Following months filled with uncertainty and horizontal trading, new technical analysis indicates that Bitcoin (BTC) might have finally moved beyond its bear trap phase. A prominent crypto analyst suggests that the market is now experiencing a typical emotional cycle, shifting from fear to optimism. If this trend persists, the subsequent phase could ignite a significant rally, with altcoins poised for rapid growth.
End of Bitcoin Bear Trap, Altcoins to Follow
Crypto analyst Ardizor shared on X social media this Wednesday that Bitcoin has officially exited its bear trap phase. He reasoned that the recent drops were not indicators of impending failure but rather a final washout ahead of the next cycle stage.
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To support his argument, the crypto expert provided a chart depicting the classic psychological and emotional transitions within a market cycle. The chart illustrates the journey from initial momentum to euphoric highs and eventual capitulation, helping to pinpoint where traders currently find themselves in the market. Ardizor’s chart also highlighted that the sell-offs and false breakdowns that unsettled investors and triggered intense fear in recent weeks have now ended, and the market is currently at the stage of “renewed optimism.”
Notably, this transformation has led the analyst to conclude that altcoins may soon start to outperform as traders shift their investments away from BTC. Given this trajectory, Ardizor confidently predicts that altcoins will surge next, with many likely to achieve new all-time highs.
His outlook is bolstered by another market analyst, Mister Crypto, who posits that September was simply a bear trap for Bitcoin, and that October, often referred to as “Uptober” in trading circles, will initiate a new bullish trend, with altcoins expected to significantly outperform. Additionally, crypto specialist Jelle noted that both of Bitcoin’s last two cycles lasted exactly 1,064 days. If history repeats itself, the current cycle could peak around October 27, allowing altcoins ample time to perform robustly into late November.
Altcoin Season Approaching
With the broader altcoin market already rebounding from previous declines, market analyst Chiefy depicts a similarly optimistic outlook for these assets in 2025. His chart shows a series of breakouts, each indicating a significant rise in altcoin values relative to Bitcoin. According to the crypto analyst, altcoins might reach their breakout phase on October 5, heralding what he terms “the largest altseason in history.”
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The analyst’s chart underscores past breakout points that have multiplied prices by 120x, 175x, and 150x, with the next phase expected to reach as high as 200x. This exponential growth pattern reflects the trends traders have experienced in earlier cycles, reinforcing the notion that the crypto market tends to rhyme, if not repeat.
Chiefy has indicated that the oncoming altcoin season could drive prices to new all-time highs and present significant opportunities for traders. He noted that, following months of consolidation and continual shakeouts, the market momentum has definitively shifted toward a clear upward trend, with low-cap cryptocurrencies ready to initiate rallies. According to him, in 2017 and 2021, traders who acquired altcoins during this stage witnessed transformative gains.
Featured image from Pixabay, chart from Tradingview.com
