#BTCRebound A well-known crypto strategist and trader believes that the time for altcoin prosperity is close.

The analyst, under the pseudonym TechDev, shares his opinion with an audience of 520 thousand followers on the social media platform X, stating that two macroeconomic factors have historically favored the growth of altcoins.

By examining BTC dynamics in more detail, the analyst predicts that Bitcoin will reach an impressive price target for the current cycle after breaking out of the 'cup and handle' pattern, traditionally considered a bullish continuation figure, indicating the activity of buyers ready to purchase the asset without waiting for a drop to new price lows.

According to the presented chart, the trader suggests that the price of BTC could rise up to $500,000 by 2026.