Bitcoin Must Hit $120K Before Altseason, Warns James Wynn
The post Bitcoin Must Hit $120K Before Altseason, Warns James Wynn appeared on BitcoinEthereumNews.com. James Wynn warns of dangerous altcoin setups and poor investor hedging against Bitcoin. Altseason is likely delayed until Bitcoin reaches the $120K to $140K target zone. The analyst says macro trends and liquidity shifts suggest strong upside for Bitcoin. Cryptocurrency trader James Wynn has issued a warning to altcoin investors, highlighting dangerous positioning patterns as Bitcoin dominance prepares for what he believes to be historic levels. The analyst observes widespread over-leverage in altcoins while investors remain inadequately hedged against Bitcoin’s continued outperformance. Wynn stated that it creates conditions for potential mass liquidations across the altcoin sector. Wynn’s assessment suggests the eagerly anticipated altseason could face substantial delays as Bitcoin dominance climbs to levels never previously seen in cryptocurrency markets. This projection contradicts the popular sentiment among altcoin holders, who expect an imminent rotation from Bitcoin into smaller-cap digital assets. I see so many people over leveraged on alt coins. Meanwhile they are no way near hedged enough towards bitcoin. BTC.D will likely rise to new ATHs we’ve never seen before. This could dramatically extend the time in where we see a real alt season. The alt season will come when… — James Wynn (@JamesWynnReal) June 10, 2025 Bitcoin Must Reach $120K-$140K Before Altcoin Rally Begins Wynn suggests that before conditions are ripe for actual altcoin outperformance, Bitcoin price must reach between $120,000 and $140,000. The price range remains distant from the current Bitcoin valuation, suggesting several more months of price gain before meaningful quantities of capital flow to altcoins. Simply put, the trader’s timeline is at odds with what is expected from altcoins in bull cycles. This involves most traders quickly rotating Bitcoin’s high-margin gains into smaller ones, but Wynn’s analysis indicates a longer-term scenario in which Bitcoin supply would continue to expand until the end, and then it will…
The post Bitcoin Must Hit $120K Before Altseason, Warns James Wynn appeared on BitcoinEthereumNews.com.
James Wynn warns of dangerous altcoin setups and poor investor hedging against Bitcoin. Altseason is likely delayed until Bitcoin reaches the $120K to $140K target zone. The analyst says macro trends and liquidity shifts suggest strong upside for Bitcoin. Cryptocurrency trader James Wynn has issued a warning to altcoin investors, highlighting dangerous positioning patterns as Bitcoin dominance prepares for what he believes to be historic levels. The analyst observes widespread over-leverage in altcoins while investors remain inadequately hedged against Bitcoin’s continued outperformance. Wynn stated that it creates conditions for potential mass liquidations across the altcoin sector. Wynn’s assessment suggests the eagerly anticipated altseason could face substantial delays as Bitcoin dominance climbs to levels never previously seen in cryptocurrency markets. This projection contradicts the popular sentiment among altcoin holders, who expect an imminent rotation from Bitcoin into smaller-cap digital assets. I see so many people over leveraged on alt coins. Meanwhile they are no way near hedged enough towards bitcoin. BTC.D will likely rise to new ATHs we’ve never seen before. This could dramatically extend the time in where we see a real alt season. The alt season will come when… — James Wynn (@JamesWynnReal) June 10, 2025 Bitcoin Must Reach $120K-$140K Before Altcoin Rally Begins Wynn suggests that before conditions are ripe for actual altcoin outperformance, Bitcoin price must reach between $120,000 and $140,000. The price range remains distant from the current Bitcoin valuation, suggesting several more months of price gain before meaningful quantities of capital flow to altcoins. Simply put, the trader’s timeline is at odds with what is expected from altcoins in bull cycles. This involves most traders quickly rotating Bitcoin’s high-margin gains into smaller ones, but Wynn’s analysis indicates a longer-term scenario in which Bitcoin supply would continue to expand until the end, and then it will…
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