December was indeed bad for altcoins. Many people hoped for good things, but there was no positive movement at all. However, at the beginning of January, it seemed very positive, with several altcoins experiencing price increases again. Since Bitcoin continued to maintain its position and rose again past $91,000, altcoins have started to grow, some even gaining more than 60% in the top 100 on CoinMarketCap. I hope this continues. I want to see this reversal in the market and take advantage before it enters a bear market.
Do you think this is possible and BTC could hit a new ATH?
Bitcoins will definitely hit a new ATH, but we can't promise the timeframe. They might take a couple of months or even a year. 2026 is considered to be bearish for bitcoins because 2025 was a great year and we saw a tremendous rally last year. Bitcoin markets will eventually correct and this might make bitcoins dump for a while. Usually, the dump is not a short coming. Markets might remain bearish for a while now before they revert. We should prepare ourselves mentally to accept the fact because if we just expect positive sentiments, our feelings will be crushed at the end.
This year started red and few coming months might be red as well. Even now, bitcoins are continuing to drop, and the altcoins will just follow the trend. Markets will only turn green if bitcoins cross $90,000 again which seems quite difficult considering the current market scenarios.