Bitcoin Dips to $92K Amid Bullish Altseason Predictions  

• Bitcoin briefly dipped to $92K after reaching $108K, stabilizing between $96K and $98K over the past 24 hours.  
• Analysts suggest a post-Christmas alt season with potential all-time highs for altcoins like SUI, ONDO, XRP, and JASMY.  
• Bitcoin’s extended bull run and current market trends indicate a price peak in Q1 2025, fueling optimism among traders.  

Bitcoin’s price experienced sharp fluctuations over the past week, marking a new all-time high of $108,000 before tumbling to $92,000. Currently, the cryptocurrency is hovering between $96,000 and $98,000, as traders assess market trends. Analysts urge investors to stay composed and avoid panic selling, emphasizing the importance of holding assets or accumulating during this period of volatility. 

Market Conditions Suggest Extended Bull Run  

The recent correction in Bitcoin’s price has sparked optimism among seasoned analysts, who believe the dip could extend the bull run by one or two months. Consequently, this delay is seen as a stabilizing factor for Bitcoin, which has been climbing at a rapid pace. Experts predict the cryptocurrency could enter a sustained green phase, with consistent price pumps over the next two to three months.  

Altseason Likely to Peak After Christmas  

Historically, alt season when alternative cryptocurrencies outperform Bitcoin has occurred after Christmas, and current market signals suggest a similar pattern this year. Analysts forecast significant price surges for altcoins in Q1 2025, aligning with the expected peak of Bitcoin’s cycle.

While the most bullish phase of alt season has yet to begin, some altcoins are already showing notable growth. Tokens such as SUI and ONDO have recently reached new all-time highs. Additionally, promising altcoins like Injective, SHIB, XRP, and JASMY display strong bullish signals, hinting at potential new records soon.  

Analysts Urge Caution Amid Optimism  

Despite the positive outlook, analysts emphasize the importance of informed decision-making during these market movements. They advise traders to either hold existing assets or strategically accumulate altcoins with strong growth potential, as current trends could yield significant opportunities.