Key Insights:
- Analysts are caliming that Bitcoin Price could reach $315,000 and set-off the next altcoin season.
- Altcoin liquidations are higher than bitcoin liquidations.
- Altseason index climbed to 55.
- There is a spike in open interest dominance across the altcoin market.
Altcoin season could activate when Bitcoin price rallies to $315,000. This was recently predicted by expert trader and analyst Crypto Nobler who believes the crypto market is in its final stage of correction before the prices rally to new all-time highs.
Optimism around a potential altseason has continued to gain steam with Bitcoin’s cool-off on Monday, which saw some altcoins record higher gains compared to the largest cryptocurrency in the world. However, macroeconomic headwinds also played an active role in price action which caused the broader crypto market struggle in sustaining last week’s momentum.
Read on to discover factors that will drive Bitcoin (BTC) price to the cycle top, and explore the latest expert opinion about the altseason.
Bitcoin Price to Reach $315,000 and Set-off the Next Altseason?
As per recent analysis by crypto expert analyst Crypto Nobler, altcoin season will kick off when the price of Bitcoin hits $315,000. According to the analyst, the 2025 bull run is the largest in the history of crypto and momentum will rely on September’s expected rate cuts, investment inflows from institutions and venture capitalists, technical upgrades and worldwide adoption.
Altcoin Liquidations are Higher than Bitcoin Liquidations
An observation by Joas Wedson, the CEO of Alphractal, liquidations across altcoins are higher compared to Bitcoin. Throughout last year, the cumulative liquidations on top exchanges were from Bitcoin positions. Since the start of 2025, Bitcoin has steadily dropped from being a major focus among leveraged traders which suggests that altcoins could be catching heat.
This shift in primary focus became even more pronounced in the second half of this year with data showing retail traders were more active in altcoin markets than in previous halfs. According to Wedson, this shift mirros more market speculation on altcoins compared to Bitcoin.
As such, many now view Ether, XRP, ADA and various other alternative digital assets as having higher-risk and high-reward than Bitcoin which has dominantly maintained its position as store of value.
The Altcoin Season Index Climbs to 55
At the time of writing, the altcoin season index (a metric that tracks the performance of alternative digital assets relative to Bitcoin) has reached 55. As such, an altcoin season takes place when the index clocks 75% and above, an indicator that atleast 75% of the top alternative cryptocurrencies have outperformed Bitcoin in the last ninety days.
An alternative metric that suggests the beginning of the altcoin season is the Bitcoin dominance index. In the last four months since May, Bitcoin dominance has dropped from 65% to 59%. According to David Duong, a head of research at Coinbase, the drop in dominance signals the first phase of capital rotation from the largest cryptocurrency to alternative cryptocurrencies.
The following chart also shows a spike in open interest dominance across the altcoin market:
Top Analyst Eyes XRP Price to Reach $100 During Altcoin Season
According to analyst BarriC, XRP has many factors in its favor during this bull market compared to previous cycles.
For this season, XRP has the largest potential to outrun alternative cryptocurrency because its price currently has utility. As such, he believes it’s logical for the price of XRP to go beyond $100.
Final Take on Bitcoin Price and Alts
In the meantime, supportive macro economic indicators, dropping BTC dominance, more gains across altcoin markets and a strong altcoin narrative are crucial signals for an impending altcoin season.
Source: https://www.thecoinrepublic.com/2025/08/19/bitcoin-price-path-to-315000-could-trigger-altseason-expert-claims/