- $OTHERSBTC likely bottomed; altcoins may rally short-term during Bitcoin’s potential dead-cat bounce.
- Bitcoin faces resistance at $91,200 and support at $83,600; further declines possible before macro bottom confirmation.
- Parabolic altseason likely delayed to 2027–2029; current rebound may be temporary but offers early trading opportunities.
Bitcoin appears to have reached a cycle top, signaling a potential shift in market dynamics for altcoins. Analyst CryptoBullet notes that $OTHERSBTC has likely bottomed out, creating conditions for a mini altseason in early 2026.
This situation mirrors September 2019 when Bitcoin consolidated around 30% below its top, while altcoins rallied. However, the current cycle is on a much larger scale, as Bitcoin has been rising for 35 months, compared to seven months in 2018–2019.
Additionally, $OTHERSBTC has been declining for over four years, more than twice the previous cycle’s bear market length. Besides, the Federal Reserve recently ended quantitative tightening on December 1, 2025, echoing the macroeconomic conditions of 2019. Consequently, a short-term rebound for altcoins against Bitcoin seems plausible.
CryptoBullet projects that Bitcoin may face a significant correction next year, but altcoins could see a temporary bounce during a potential dead-cat bounce in Bitcoin. “Next year I’m expecting a nasty $BTC correction (Bear Market); in the next 2-3 months I’m expecting a good Bounce on $OTHERSBTC during the #BTC Dead Cat Bounce,” CryptoBullet explained.
In 2019–2020, altcoins rose while Bitcoin declined, suggesting similar dynamics could unfold throughout 2026. However, the big parabolic altseason may not arrive until the next cycle, likely between 2027 and 2029.
Technical Perspectives on Bitcoin
TARA emphasizes that Bitcoin recently tested critical macro support levels. “BTC came RIGHT to the exact level it would need to confirm the bottom of the macro Wave 4 and then subwave 2,” TARA noted.
She highlighted resistance at $91,200 and support at $83,600, warning that the subwave 2 may still need confirmation. Hence, traders should watch for a break above $91,200 to validate the macro bottom and continue the five-wave structure.
Meanwhile, Luisa Peru AI points to a local rebound from $85,000, though she cautions that downward momentum might persist. “This is most likely a temporary pause, and in the near future, we will likely see further price declines,” she added. Peru AI also suggested that a double bottom around $81,000–$82,000 could pave the way for a stronger upward trend.
