A popular cryptocurrency analyst has shared a price prediction for Bitcoin (BTC), targeting $90,000. This article will also address predictions from various analysts regarding DOGE, ETH, and the general outlook for altcoins, particularly in light of recent market conditions.

Bitcoin and Altcoin Commentary

Crypto analyst and trader Jelle noted on October 2 that the important support level for BTC remains intact, suggesting that an upward movement will begin with the breakout of a descending widening wedge. Despite interim setbacks, the analyst maintains a target of $90,000.

Analyst Mustache has shared expectations for the general altcoin market. In a chart published today, the analyst observed the dominance of USDT in a weekly period and warned of a potential significant decline. A drop in USDT dominance could lead to an influx of cash into cryptocurrencies.

"Rising expanding wedges rarely yield positive outcomes. In most cases, they indicate a downward trend. USDT dominance has been fluctuating in this formation for six months. We can expect the beginning of an altcoin season once the decline starts."

ETH and DOGE Price Predictions

Two significant cryptocurrencies worth monitoring are Dogecoin and Ether. Dogecoin stands as the largest asset among meme coins, while Ether is the largest altcoin. The potential rise of these two could signal broader gains across the crypto market.

Trader XO recently stated regarding ETH: "I believe conditions are suitable for ETH to form a new low before a larger peak. BTC is also targeting a deeper local low." According to the chart, a triple bottom target suggests a new attempt at $2,200. Crypto Bullet expressed satisfaction with the maintenance of the MA50 support in the DOGE chart, indicating that a deeper low is not anticipated.

Historical data for the last quarter fuels optimism, alongside details like the USDT dominance chart. If projections hold, we may witness impressive gains in altcoins over the next six months.