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07/16 12:48

Altcoin Season or Fakeout? Analyst Warns This Migh

Altcoin Season or Fakeout? Analyst Warns This Might Be a Short-Lived Alt Window98d6357b7cf74b919533cd57c26a8a3c.webp

Bitcoin is leading the crypto rally once again, surging to a new all-time high of $123,000 earlier this month. So far in July, BTC has gained 9.79%, and in the last seven days alone, it jumped by 8.8%, reigniting investor excitement across the market.

But with Bitcoin dominance rising, the big question now is: Will altcoins follow—or is this another fakeout?
Bitcoin Breaks $120K, Is It Time for Altseason?BTC just hit a new ATH at $123,000. But where are the altcoin pumps?

I’ve gone back through the last 3 $BTC breakouts to find patterns and the signs are finally lining up.

Here's what to expect next for $ETH, $SOL, $XRP, and…
— VirtualBacon (@VirtualBacon0x) July 14, 2025

Bitcoin Breaks Out to $123K

Bitcoin’s bullish momentum continues, marking a 15.9% gain between June 23 and July 15. This rally pushed BTC from $107K to $123K, a 14.95% jump, making it the biggest breakout of Q3 so far.
In Q2 2025, Bitcoin recorded an impressive 29.9% return, supported by:
  • April: +14.2%
  • May: +11.1%
  • June: +2.40%
So far in Q3, Bitcoin is already up 9.69%—and counting.
Also Read : Bitcoin Price Prediction After $123K Peak – Is $130K the Next Target?

Altseason or Just a Short Window?

Popular analyst VirtualBacon shared a detailed thread on X, analyzing BTC’s current breakout and what it means for altcoins.
According to him, this may not be a full-blown altseason, but rather a short “altcoin rotation window”. Historically, after each major BTC breakout since mid-2023, altcoins typically rallied for 3–5 weeks before Bitcoin resumed dominance.
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