Third Rejection Could Trigger Altcoin Capitulation
Well, here’s the detail bear flags don’t usually end with fireworks. They end with continuation. That means if this third rejection plays out like the last two, downside isn’t just possible, it’s expected.
Measured move? Somewhere in the $52k to $56k range. And altcoins? They don’t get a free pass. Historically, every rejection in this structure has translated into sharp losses across majors. This time, projections suggest a potential 20% to 40% drop, with broader sentiment hinting at even deeper bleeding up to 50% in some weaker names. Not exactly the “altseason” everyone keeps tweeting about.
Breakout Or Breakdown Only Two Outcomes Remain
But let’s be fair it’s not all doom. There is another path. If all people are right and bulls do manage to defend current fall and top dog Bitcoin price breaks above the flag’s upper trendline with a strong daily close with no wicks, no fakeouts then the bearish structure may have the chance to get invalidated. That’s the trigger. That’s when things flip. And that’s when altcoins finally get breathing room after months of underperformance.
Simple, right? Well, not really. Because so far, every attempt to reclaim that resistance has failed. Cleanly. So, what’s next?
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