Bitcoin and Altcoins Market Outlook: Potential Rise to $70K Before Long-term Decline

The opinion suggests that institutional investors are currently heavily investing in Bitcoin, with recent wallet activities indicating that wallets from 2011 might belong to Satoshi himself. The narrative predicts that these wallets' awakening won't significantly affect prices but foreshadows a potential price dump. The forecast projects Bitcoin reaching between $50,000 and $70,000 during altcoin surges, followed by a possible decline to around $20,000 where it might stay for an extended period, with the future unsure. It also posits that future sentiment might shift, especially if influential figures like Trump support BTC, but warns of possible dramatic market moves. For Ethereum, there's speculation about capital shifting from BTC to ETH, potentially turning BTC into a problematic entity akin to Terra Luna. Altcoin movements are expected to show sharp green candles, but losses could follow rapid rises. An anticipated altcoin season could begin if BTC reaches $120,000, though downside fears linger around $50,000 to $70,000. The dominance of Bitcoin is projected to stay around 60% for 2-4 weeks before declining further, with some altcoins potentially seeing significant gains.