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Analysts Say Market Ready for Explosion, Predict ‘Regime Shift’ Toward Altcoins

  • Bitcoin rose 7% in September, ending the month stronger despite a recent 3% drop.
  • Swissblock analysts suggest altcoins may soon outperform Bitcoin due to favourable conditions like China’s stimulus and potential FTX repayments.
  • Bitfinex warns of possible market overheating but sees a minor correction as a way to maintain the uptrend.
  • Historical patterns suggest Bitcoin might reach a new all-time high by late 2024 or early 2025, driven by declining exchange reserves and less selling pressure.

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