Bitcoin's recent lackluster price action may actually benefit altcoins, with Ethereum being a top contender, according to analyst Michael van de Poppe. He predicts Bitcoin could break $100K, while Ethereum could surpass $3K. This sideways trend for Bitcoin has historically led to significant altcoin rallies. Meanwhile, another analyst warns against shorting in a low-volatility environment, suggesting patient investors wait for a breakout. Ethereum has shown a buy signal on the TD Sequential indicator, indicating a potential trend reversal and upward momentum. Economic factors such as central bank quantitative easing and lack of progress with the Strategic Bitcoin Reserve initiative may be contributing to the market's decline. However, analysts believe that these phases of low volatility for Bitcoin have historically led to explosive moves, and altcoins are preparing for potential upside.



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