Bitcoin’s steady price hovering around $114,600 signals a potential turning point in the cryptocurrency market. This key indicator coincides with analysts’ expectations of an upcoming altcoin season fueled by anticipated rate cuts from the Federal Reserve. Crypto expert @crypto_birb has highlighted a crucial chart depicting Bitcoin’s current cycle against historical precedents. The chart suggests a signal for an altcoin surge, potentially coinciding with a peak in Bitcoin’s price. Analysts believe the recent market momentum and key technical levels, including Bitcoin’s support above its 200-day BPRO ($111,280) and 200-day SMA ($102,089), point towards an altcoin season. Furthermore, historical trends suggest that negative SPX correlation (-0.222) precedes Bitcoin bottoms, indicating a decoupling trend favoring altcoins. The current September market dynamics, with its low volatility compared to previous years, could further fuel this potential shift.