- Bitcoin nears breaking out of oversold conditions.
- Altcoins prepare to hit what could be the most bullish part of the bull cycle.
- Analyst await to see new ATH for BTC and altcoins especially when altseason arrives.
The crypto market is stepping into what could be a highly bullish Q2. Seasoned analysts across the world are pleased to see several bullish indicators on both Bitcoin and altcoins price charts and expect to see massive breakouts soon. In particular, Bitcoin nears breaking out of oversold conditions as altcoins prepare to hit what could become the most bullish part of the bull cycle.
Bitcoin Nears Breaking Out of Oversold Conditions
Q1 was a devastating start for 2025 as what many expected to be a bullish market for Bitcoin and especially altcoins turned out to be a sea of red leading to greater and greater dips and significant liquidations in all financial markets. However, the latest moves in the industry and political factors weighing in, namely, Trump’s latest call to suspend the tariff war, have led to major liquidity flowing into the US stock and crypto markets.
This inflow of trillions in liquidity has boosted sentiment from ‘extreme fear’ to more bullish sentiments. Thus, analysts expect a rapid recovery following the pump from the last day. Now, analysts are keeping a close eye out for other bullish market indicators besides global liquidity that could point to a bullish breakout for Bitcoin as well as the many potential altcoins waiting to hit new ATHs this bull cycle.
Bitcoin beginning to climb out of near oversold conditions and almost every single surge to new highs this cycle started with prices climbing out of those areas and here we are again 👀…$BTC
— JAVON⚡️MARKS (@JavonTM1) April 11, 2025
As we can see from the post above, this analyst marks a bullish indicator on the Bitcoin (BTC) price chart. The image in the post shows how the pioneer crypto asset has begun to climb out of near-oversold conditions and how almost every single surge to new highs this cycle began with prices climbing out of those areas. He then concludes that as the same pattern is playing out now, new highs are certainly on the horizon for Bitcoin (BTC).
Altcoins Prepare for Best Part of the Bull Cycle
While expectations are growing steadily more bullish for Bitcoin, expectations for altseason and new ATHs for capable altcoins grow with it. In detail, many analysts believe altseason was delayed this bull cycle due to a major lack of liquidity. But now, with liquidity flowing into the crypto market, new highs are all but certain for Bitcoin and altcoins as well.
#Altcoins
The best part of the cycle is yet to come.
Nobody said it would be easy and 90% are now bearish, I hope you are still a bull?🫡 pic.twitter.com/6bWYR8KmSp
— 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) April 11, 2025
As we can see from the post above, this analyst says that the best part of the bull cycle is yet to come, and this phase is the peak phase of the long-awaited altseason. The analyst also says that 90% of traders are bearish which means it is the right time to accumulate. Surviving the crypto market is not easy but being bullish in a time where sentiments are not as high is the most rewarding part of being in the crypto market.
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