Altcoin Season On The Horizon? Analysts Point To Potential Early Peak
Portfolio Pulse from Murtuza Merchant
Cryptocurrency analysts are predicting an early peak for altcoins, potentially before the historically expected date of October 2025. Analysts like Miles Deutscher and Jelle see similarities with past market cycles, suggesting a bullish trend. Technical indicators for Bitcoin also support this optimistic outlook.
June 12, 2024 | 7:21 pm
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POSITIVE IMPACT
Analysts are optimistic about Bitcoin's price trajectory, with technical indicators suggesting a bullish trend. This could set a positive tone for the broader altcoin market.
Bitcoin often sets the trend for altcoins. Positive technical indicators for Bitcoin suggest a bullish market, which could lead to an early peak for altcoins.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 80