Bitcoin’s recent dip has traders panicking about whether the cycle is over. Ivan on Tech argues this weakness is temporary, pointing to October as the real test.
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Outlook: Ivan stays bullish, saying the lower highs look bad on the surface but are common before Q4 rallies. He expects Bitcoin to surprise to the upside within weeks.
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Bitcoin is down just 10% from $124K highs, which Ivan calls normal volatility, not the end of the cycle.
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He highlights seasonality: September often looks weak, followed by explosive October moves in past cycles.
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Altcoin focus: Aster is surging with CZ backing, creating new competition for Hyperliquid. Avalanche is gaining momentum with strong narratives and whale longs, while AI projects like ZeroG are also trending.
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Risks: If Bitcoin fails to rally by late October and slips toward $105K, Ivan says concern would be justified. Until then, panic-selling risks missing the Q4 pump.
Bottom line: Ivan frames the dip as a “solid flush but not the end.” He expects October to kick off another leg higher, catching bearish traders off guard.
