Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After months of uncertainty and sideways trading, fresh technical analysis suggests that Bitcoin (BTC) may have finally exited its bear trap phase. A leading crypto pundit indicates the market has entered a classic cycle of emotions, transitioning from fear to optimism. If this trend continues, the next phase could spark a major rally, with altcoins set to explode.  Bitcoin Bear Trap Ends, Altcoins Next

Crypto analyst Ardizor postedon X social media on Wednesday that Bitcoin has officially reached the end of its bear trap stage. He argued that the recent downturns were not signs of further collapse but a final shakeout before the next stage of the cycle.  Related Reading Analyst’s Prediction Plays Out As Bitcoin Price Rebounds, Here’s The Full Forecast 3 days ago

To support his view, the crypto expert shared a chart illustrating the classic psychology and emotional transitions of a market cycle. From early momentum building to euphoric peaks and painful capitulation, the chart identifies where traders currently stand in the market. Ardizorn’s chart also emphasized that the declines and false breakdownsthat rattled investors and caused extreme fear in recent weeks have concluded, and now, the market is at the stage of “renewed optimism.” 

Interestingly, this shift has led the analyst to believe that altcoins could soon start outperformingas traders rotate their capital from BTC. Based on this trend, Ardizor boldly predicts that altcoins will explode next, with many potentially reaching new all-time highs.  Source: Chart from Ardizor on X

His outlook is reinforcedby another market analyst, Mister Crypto, who argues that September was merely a bear trapfor Bitcoin, and that October, often dubbed “Uptober” in trading circles, will spark a new bullish phase, with altcoins poised to outperform dramatically. Adding further weight to the bullish case, crypto expert Jelle pointed outthat both of Bitcoin’s last two cycles lasted exactly 1,064 days. If history repeats, the current cycle could peak around October 27, giving altcoins extra room to perform strongly into late November.    Altcoin Season On The Horizon

With the broader altcoin market already recovering from past declines, market analyst Chiefy paints a similarly bullish picture for these assets in 2025. His chart demonstratesa series of breakouts, each marking a significant surge in altcoin valuations relative to Bitcoin. According to the crypto expert, altcoins could reach their breakout stage on October 5, ushering in what he calls “the biggest altseason in history.”  Related Reading Expert Says ‘The Time Has Come’, What Could Drive The Next Explosive Altcoin Season 2 weeks ago

The analyst’s chart highlights past breakout points that have multiplied prices by 120x, 175x, and 150x, with the next stage projected to reach as high as 200x. This exponential growth pattern mirrors what traders witnessed in previous cycles, reinforcing the idea that the crypto market trends to rhyme, if not repeat. 

Chiefy has stated that the unfolding altcoin seasoncould push prices to new ATHs and deliver massive opportunities for traders. He highlighted that, after months of consolidation and endless shakeouts, the market momentum has officially shifted toward a clear uptrend phase, with low-cap cryptocurrencies poised to kick off rallies. According to him, back in 2017 and 2021, traders who accumulated altcoins in this stage saw life-changing gains. BTC trading at $120,330 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com