Bitcoin has managed to climb back above $115,000. Traders call this a recovery, but for many new investors, the number does not spark much interest. At these levels, most of the upside is already priced in. Meanwhile, altcoin season is shaping up, and fresh projects like Layer Brett are gaining more attention. Keep reading to see why many call it one of the best altcoins to buy now.
Bitcoin loses investors to Layer Brett despite regaining $115,000
Bitcoin is trading around $115,400. It even touched $116,331 this week before pulling back. Analysts such as Mike Novogratz warn that BTC may move sideways for months while money shifts into altcoins. Spot ETF inflows remain weak, indicating that institutional players are not providing significant support.
On the other hand, the Layer Brett presale is pulling in new buyers. At $0.0058, it gives investors a chance to hold millions of tokens for the price of a single BTC trade. Many retail traders prefer the lower entry point. They also appreciate the meme culture associated with Layer Brett, which echoes the early days of Dogecoin and Shiba Inu.
Market data indicates that wallets holding mid-sized amounts of Bitcoin are not growing, whereas wallets in new projects like Layer Brett are expanding rapidly. This shift signals that retail money is seeking better return potential in the run-up to altcoin season.
Bitcoin price forecast still looks capped at $121,000
Chart watchers submit that Bitcoin must hold above $115,000 to maintain any bullish momentum. The next ceiling is between $116,000 and $121,000. Breaking above that will be hard without strong demand.
Options data from Glassnode shows more calls than puts, which is bullish. But the $54.6 billion open interest also means traders are hedging and not entirely confident. If Bitcoin fails to close above $116,000 soon, analysts warn of a fall back to $112,000. That is not the type of risk new investors want to take.
Novogratz added on CNBC that Bitcoin may stay flat until the Federal Reserve starts cutting rates. With such uncertainty, many see limited short-term upside. By contrast, fresh projects in presale stages can move faster, which keeps drawing attention away from BTC.
Layer Brett offers better gain margin compared to Bitcoin
Layer Brett is more than a meme coin. It is built on Ethereum as a Layer 2 token with fast and cheap transactions. The project also promises real staking rewards. Early buyers can lock their tokens for a 721% APY, surpassing Bitcoin’s returns.
At only $0.0058, Layer Brett offers a chance to 50x if it hits its January targets. Analysts highlight that Ethereum Layer 2 networks could handle trillions in transactions by 2027. Layer Brett is positioning itself to grab a share of that market while riding meme power.
The team has set aside tokens for community rewards, charity, and partnerships. This gives the project long-term fuel. Layer Brett is still in presale, meaning buyers get tokens at a discount before they list on major exchanges. The chance of outsized gains is what keeps many shifting from Bitcoin to Layer Brett.
Conclusion
Bitcoin’s return to $115,000 has not impressed new investors. Its upside looks capped, and most analysts agree the risk of a drop is still there. With altcoin season on the horizon, smaller projects are drawing attention. Layer Brett, priced at $0.0058 with huge staking rewards, is leading the list of the best altcoins to buy now.
Layer Brett is still in its presale stages—but not for long. Don’t miss the opportunity to get in early on the most scalable meme project to ever launch on Ethereum.
Discover More About Layer Brett ($LBRETT):
Presale: LayerBrett | Fast & Rewarding Layer 2 Blockchain
Telegram: View @layerbrett
X: Layer Brett (@LayerBrett) / X
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Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
