If this prediction is true, most altcoins will suffer a temporary drop in price (in both satoshi and dollar terms), followed by price stagnation in dollar terms. My expectation for a BTC bull market is also the reason why I thought ADA would enter a bear market in Q1 (analysis linked below), despite many long predictions on this site.
Finally, I would like to quell some skepticism on a BTC bull market beyond TA. First, one major factor that is overlooked is that new money is having difficulty entering the market. In the past week, we've seen Binance, Bittrex, Bitfinex, Kraken, and Gatehub either temporarily closing new registrations, having money transferring difficulties, or temporarily closing the exchange. Second, many note that institutional investors are shorting Bitcoin by a large margin. The reason why I believe this is not a big concern is because these investors never touch any Bitcoins during the betting process. Unless these institutions are dumping their Bitcoin directly onto the major cryptocurrency exchanges, shorting Bitcoin has no direct effect on its price.
This analysis is not a buy, sell, or hodl recommendation, and should not be taken as financial advice. I have long positions on BTC , USD (:P), and ADA . As always, thanks for reading and happy trading!