Bitcoin is back above $85,000, and BTC dominance is climbing towards its four-year peak. This may be the perfect time for altcoins with a high BTC correlation to rally during the bull run. Altcoin tokens with a real use case, growing adoption, and bullish on-chain and technical indicators could double or climb to three times their value this cycle.
Sui, XRP and Fartcoin prices likely to rally
Sui (SUI), the native token of a Layer 1 blockchain platform, XRP (XRP), and Fartcoin (FARTCOIN) are the top three picks for altcoins that could gain during this bull run. On Tuesday, April 15, SUI announced an expansion of an integration with Babylon Bitcoin staking protocol. As part of the integration, Bitcoin holders can secure the Sui network without giving up on their BTC holdings.
The Bitcoin (BTC) staking protocol deepens its ties with the Layer 1 blockchain, as SUI prepares to lock step with BTC price trend. Bitcoin is hovering close to support at the $85,000 level, eyeing a return above the $90,000 resistance.
SUI gained 5% in the last seven days, the token is up nearly 3% in the last six months, while the token is down 48% from its January 2025 peak of $5.3772.
SUI has been in a downward trend since its January peak. SUI could gain 25% and test resistance at the upper boundary of a Fair Value Gap (FVG), at $2.6069. If SUI sees a daily candlestick close above this level and flips it into support, it faces resistance at R1, R2, and R3, the 50%, 100%, and 127.2% Fibonacci retracements of its decline from January top to April 2025 local bottom.
R1 at $3.5473, R2 at $5.3772, and R3 at $6.3726 are the three key resistances. A rally to R3 marks 201.84% or greater than 3x gains for SUI.
XRP, the native token of XRPLedger, was previously deemed a security in transactions involving institutions by the U.S. SEC. The end of the SEC vs. Ripple lawsuit in a settlement, XRP ETF filings by asset management giants, and Ripple’s stablecoin launch are the key catalysts driving gains in the token in 2025.
Bitcoin’s rally to its $100,000 milestone in December 2024 was accompanied by XRP’s run to the $3 target. Since then, XRP hit a peak of $3.40 on January 16, days ahead of Bitcoin’s new all-time high at $107,240. Bitcoin and the second-largest altcoin have recovered from flash crashes and steep market corrections previously, making the token a likely candidate for further gains this cycle.
XRP could gain 18% and test resistance at the upper boundary of an FVG at $2.506, the 50% Fibonacci retracement level of its decline from its 2025 peak to cycle low. A 42% rally could push XRP to test resistance at the $3 milestone as seen in the chart below.
XRP/USDT and BTC/USDT daily price chart | Source: Crypto.news
Fartcoin, a meme token built on the Solana blockchain, amassed over $834 million in market capitalization. The meme coin is trading close to key resistance at $0.9074, the 50% Fibonacci retracement of its decline from its peak of $1.6150 to the $0.1998 low. A 54% rally could push Fartcoin to test resistance at a key level, at $1.2911. The MACD signals the likelihood of further gains in the meme coin, and RSI reads 63, under the “overbought” level at 70.
Altcoin season unlikely, but this could happen
Bitcoin dominance is on its way to 64%, a four-year peak. This implies an altcoin season, or a period where 75% of the top 50 altcoins outperform Bitcoin in the 90-day timeframe, is likely to be delayed. However, traders can expect key altcoins that enjoy a high correlation with Bitcoin, higher utility, proven use case and traction among market participants to yield gains for holders.
Cryptocurrencies like Solana (SOL), Dogecoin (DOGE), and SOL-based meme tokens that have gained favor with institutional investors and whales could see a rise in inflows. This could catalyze gains in a handful of altcoins during the ongoing Bitcoin bull run.
Social data from LunarCrush.com shows that the mention of “altcoin season” is down from its peak of 100% in January to 77% on April 15. This follows a wipeout of small retail traders and altcoin holders during the Bitcoin flash crashes since the November 2024 Presidential election result.
Will Bitcoin climb alongside Gold?
Debates on whether there will be an altcoin season inevitably lead crypto traders to the question whether Bitcoin will reclaim its position alongside Gold as a “safe haven.” Gold’s climb has been significant, consistent and steady amidst global uncertainty.
Traders looking for a safe haven to protect funds from market uncertainty have once again started looking to Gold, after nearly half a decade of Bitcoin’s popularity as a “safe haven.” It’s no longer about a piece of code vs. shiny metal, the debate runs deep amidst rising money supply, debt and the volatility of global markets.
Between November 2022 and November 2024, Bitcoin and Gold enjoyed a relatively tight correlation. The metal gained 67% alongside Bitcoin’s 400% rally. While both assets were locked in the same direction, analysts expected the relationship to stay. Gold has maintained its status as a hedge against inflation, while Bitcoin falters, amidst Trump’s shifting tariff announcements, crypto-related executive orders and the relationship has frayed the most in 2025.
As of late March, Gold gained another 16%, Bitcoin wiped out over 6% of its value, and closed its worst-performing first quarter of the year. It remains to be seen whether Bitcoin will regain its edge and feature in portfolios as an inflation hedge.
Crypto market cycles could change forever with Trump’s crypto push
Previous crypto market cycles have followed the four-year pattern, with a new Bitcoin all-time high and an altcoin season. The market cycle disruption in 2024 follows the rapid institutional adoption of Bitcoin and top cryptocurrencies, large volume capital flows, and the influence of whale participation in spot and derivative markets.
As the U.S. takes steps towards cementing its Strategic Crypto Reserve and policy to amass Bitcoin, the institutionalization pushes deeper into the crypto ecosystem and threatens to disrupt four-year cycles.
In a podcast with Galaxy, an analyst behind the X handle @_Checkmatey_ explained that the $70,000 to $75,000 range is a critical inflection point for Bitcoin, both psychologically and structurally. Bitcoin’s further price discovery this cycle depends on whether the range holds and how BTC price performs.
Traders are in a cautiously bearish mood, sentiment shows
The Crypto Fear & Greed Index, used to identify the sentiment among crypto market participants, reads 38 at the time of writing. This shows traders are in a bearish mood, however, the sentiment has improved between last month, last week and yesterday.
Extreme fear that gripped traders is eventually easing, and while market participants remain cautious, it is likely that investors will find their footing and “buy the dip,” or enter from the sidelines if Bitcoin continues to hold steady and hovers around key support at $85,000.
James Toledano, COO at Unity Wallet told Crypto.news in an exclusive interview that U.S. recession fears have intensified, however it is likely that we may not have seen the bottom yet. Toledano said,
“Despite these headwinds, Bitcoin is up over 25% over the past six months and is currently edging toward $86,000 although it appears to be shying away. Analysts argue that recessionary fears and global economic tensions may be driving more interest in decentralized assets like Bitcoin, but if a recession does hit and bites hard, will people want to speculate in volatile assets?
It does however feel that Bitcoin’s appeal as a decentralized asset grows, especially as traditional markets face volatility. While Trump’s policies have introduced significant macroeconomic uncertainty, they may paradoxically be fueling Bitcoin’s recent rise — though the risks remain elevated for all markets, crypto included.”
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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