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Expert Analyst Predicts Bitcoin Price ATH and Altcoin Season Start Dates

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Expert Analyst Predicts Bitcoin Price ATH and Altcoin Season Start Dates

Cryptocurrency analyst Joao Wedson made important assessments regarding the short-term outlook of Bitcoin in his latest statement. Wedson stated that the Risk Cap metric signals a short-term decline in line with current data, but that important developments may occur in the coming months.

The Risk Cap metric measures the risk level of an asset by analyzing the relationship between its market value (market cap) and capital change (delta cap). Normalized into 24-hour periods, this indicator provides important data on Bitcoin’s price volatility and risk levels.

  • The Risk Cap metric peaked in March 2024.
  • A lower peak was formed in December, indicating a loss of momentum in market value.

Wedson reiterated that he is bearish for Bitcoin in the short term, predicting that altcoin season is approaching but will gain momentum towards the end of April.

The analyst emphasized that even if Bitcoin declines, its overall upward trend could continue:

  • The bull market could continue, although a pullback to $64,000 is possible. (A similar situation occurred in 2021.)
  • Stating that he sold Bitcoin in the range of $102,000 – $106,000, Wedson stated that the general upward trend could continue despite the current weakness.

According to Wedson, Bitcoin could reach a new all-time high by October 2025. However, the real movement is expected to be on the altcoin side. The analyst thinks that smaller and newly launched projects in particular can come to the forefront in the market by drawing liquidity from older projects. Stating that this cycle could last until November-December 2025, Wedson says investors should turn their attention to the altcoin market.

*This is not investment advice.

Source

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