When Is Bitcoin's Next All-Time High?
When Is Bitcoin's Next All-Time High?
9 hours ago•VirtualBacon•@virtualbacon
YouTube5 min 57 sec
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
  • Consider Bitcoin (BTC) only if you can tolerate volatility: the speaker sees a possible move into the $90,000s by year-end, but expects a choppy path and no break above $100,000 this year.
  • For a longer-term outlook, the speaker forecasts a new all-time high around $130,000 in the second half of next year, with a possible later move toward $160,000–$170,000; these are uncertain projections, not guaranteed targets.
  • Avoid treating altcoins as a broad, synchronized trade; watch Bitcoin’s 50-week EMA and consider altcoin exposure only if BTC reaches that level and rebounds.
Detailed Analysis

Bitcoin (BTC)

  • The speaker expects Bitcoin to reach a new all-time high next year, most likely in the second half. They describe a multi-wave move: an initial rally, a correction, then a later push toward and beyond the previous high.
  • Near-term, the speaker sees a possible move to the $90,000s by year-end, but does not expect Bitcoin to break $100,000 this year. They say the current correction could reach around $78,000, though it may already have ended.
  • In the speaker’s scenario, Bitcoin could first move above $100,000 early next year, pause, and then reach a new high around $130,000. If the cycle continues, they see a later move toward $160,000–$170,000, potentially in late next year or in 2028.
  • The speaker characterizes the expected rise as a slow, choppy advance, rather than a steady surge.

Takeaways

  • Treat the price levels and timeline as the speaker’s forecast, not a certainty; the transcript also acknowledges uncertainty about whether the correction has ended.
  • The speaker’s near-term view is conditional: a move toward the $90,000s depends on Bitcoin’s correction concluding.
  • Anyone considering exposure should account for the possibility of further declines and a longer wait before a new all-time high.

Altcoins (Cryptocurrency sector)

  • The speaker rejects the idea of a broad, synchronized altcoin season. In their view, altcoins tend to rise when Bitcoin rises and fall when Bitcoin falls, while individual narratives may take turns attracting interest.
  • They say Bitcoin’s trend is the key signal for considering altcoin trades. A Bitcoin move from roughly $80,000 to $90,000, for example, could bring excitement to altcoins, but they do not suggest that all altcoins would rise together.
  • The speaker identifies Bitcoin’s 50-week EMA as a level to watch, saying they consider it a potentially favorable time to allocate to altcoins if Bitcoin reaches it and bounces.

Takeaways

  • The speaker’s approach is to monitor Bitcoin’s price action rather than wait for a calendar-based altcoin season.
  • They caution that buying altcoins in the middle of Bitcoin’s range could mean buying a local top; timing a correction may involve waiting for a rebound.
  • This strategy depends on Bitcoin bouncing as expected. The transcript does not identify specific altcoins or provide individual price targets.
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Video Description
When is Bitcoin's next all-time high, and is there an altcoin season this cycle? I see this cycle in at least three waves. We're in the first one now: the push out of the bear market toward 90K, then a correction of a month or two. The second wave takes us to the previous high, which I expect next year, most likely the second half, and the third wave is where 160K to 170K comes into view. There is also no broad altcoin season to wait for: altcoins go up when Bitcoin goes up, and they move best when Bitcoin finishes a correction and breaks higher. ---------------------------------------------------- All Exchanges and Links ✅ FOMO Social Trading: https://bacon.link/fomo (Follow my real on-chain trades live. Real money on my actual account, so you see exactly what I hold, my size, and my entries) ✅ Toobit Exchange: https://bacon.link/toobit ($50 Free Bonus, No Verification Required) ✅ PropW: https://bacon.link/propw (Trade a $50K Funded Account) ✅ Bitunix Exchange: https://bacon.link/bitunix ($5,500 Bonus, no KYC) ✅ ByBit Exchange: https://bacon.link/bybit ($30,000 Bonus, KYC Needed) 🧰 Toobit Agent Trade Kit (connect an AI agent to the exchange): https://www.toobit.com/agent-tradekit 💎 Join The Coiners, our Trading Dashboard and Community: https://thecoiners.io 📢 Follow my X for Quick Alpha: https://x.com/virtualbacon 📢 Telegram, the daily market briefing and live alerts: https://t.me/virtualbacon 📢 Courses, Exchange Guides, and All Links: https://virtualbacon.com/ ----------------------------------------------------- My Other Videos 8 Years of Crypto Trading Advice in 40 Minutes 👉 https://youtu.be/p9iEJgFReB8 Crypto Investing for Beginners, Full Course 👉 https://youtu.be/niT7g4ghm3o ----------------------------------------------------- Chapters 0:00 When is Bitcoin's next all-time high? 0:26 The three waves of this bull run 3:03 Is there an altcoin season? 5:01 When altcoins actually move ----------------------------------------------------- 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome. #Bitcoin #BTC #AltcoinSeason #Crypto #VirtualBacon
About VirtualBacon
VirtualBacon

VirtualBacon

By @virtualbacon

I'm Dennis, a Crypto angel investor with 100+ startups in our portfolio. On this channel I share my views on market trends and investing strategy for Crypto.