Bitcoin Enters Bear Market, Analyst Expects Dead Cat Bounce Followed By Altcoin Rally

Bitcoin enters bear market, is this is end for altcoins?

Analyst expects a Dead Cat Bounce to follow.

This pattern playing out could kick off a bullish altcoin rally.

Despite the price of Bitcoin (BTC) recovering to the $91,000 price level, analysts continue to remain adamant that Bitcoin has entered its bear market. This has led to falling sentiments across the entire crypto market. However, one analyst says that as Bitcoin enters bear market, a dead cat bounce can follow soon, which means a short BTC price pump, and quite possibly a bullish altcoin rally

Bitcoin Enters Bear Market

Over the past 24 hours, the price of Bitcoin has increased from $89,000 to over $93,000 and is currently trading in the $91,000 range. This shows that Bitcoin is still clinging on to the green wave, showing more upside than downside. At the moment, the asset is currently boasting a total market cap of $1,819,883,212,293.03 and a 24-hour trading volume of $78,151,365,092.77, according to CoinMarketCap analytics

According to Lark Daivs, the BTC price chart is looking very interesting. As we can see from the post above, Bitcoin’s yearly candle is starting to look like a doji, he says. Price hovering around the year-open, long wicks on both sides. On a timeframe this big, that usually means a major inflection point is close. A doji after a major impulse often signals a trend pause, not a trend ending

The popular crypto trader and analyst continues to say that if 2026 breaks to the upside first, it supports the case for another melt-up leg Break lower first, and it leans toward a cycle top forming. He finally concludes by stating that with Six weeks left in the year and plenty of room for the picture to shift, the next move out of this compression sets the tone for 2026. How will Bitcoin respond?

Dead Cat Bounce and Altcoin Rally to Follow

Meanwhile, another reputed analyst adds to the conversation by stating that Bitcoin (BTC) is obviously in a bear market and that a good Dead Cat Bounce is definitely coming soon. This playing out could trigger an altcoin rally, he confirms. But how high can altcoins pump this time, and will it lead to a true altseason rally?

As we can see from the post above, one reputed analyst says that Bitcoin is on the edge. The image in the post explains what he means. He marks how the lower band of the channel is the real moment of truth. A clean break below it would confirm that the cycle’s momentum has shifted. However, since BTC is still holding the level for now, there is still a chance for the price of BTC to bounce back up.