Bitcoin Ends Its Bear Market, Altcoin Season Expected in 2027
The Bitcoin bear market may be over, with a 100% probability that BTC reached its low at $57,750 on July 1. The bullish trend is maintained as long as the price stays above the 200-day moving average, currently at $70,000. However, Bitcoin is not yet in a bull run as long as it remains below the resistance of $82,800.
Regarding altcoins, the bullish cycle expected between 2027 and 2028 could mark the return of an altcoin season, unlike the period from late 2022 to late 2025 when altcoins did not outperform BTC. Two charts show that altcoins, represented by the 'OTHERS' index, are in a long-term support zone, suggesting a bullish reversal similar to those observed in 2017 and 2021. Thus, 2027 could be the year of the altcoins' return.
-- Price
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