• Analyst highlights a specific pattern that the altcoin market has been traversing.
• Whale activity or BTC ETF rejection could mar the analyst’s prediction of an uptrend.
• Altcoin market cap is at the latter stages of forming the Wyckoff pattern, an uptrend could be oncoming.

Crypto Analyst Moustache tweeted that the altcoins market cap was following a pattern of breaking out from the descending triangle and retesting the all-time high of the previous year. Once, the previous high was reached, the altcoins had an uptrend.  Currently, as shown in the chart below, it is the pre-surge season and the analyst stated that those who listened to him would be rewarded.

Meanwhile, CoinEdition reported about a whale activity, among the many others, where 1,750 BTC were accumulated on the verge of BTC ETF being approved. It’s no…

The post Altcoins Market Cap Could Surge But the Road Isn’t Straight-Forward appeared first on Coin Edition.

• Analyst highlights a specific pattern that the altcoin market has been traversing.
• Whale activity or BTC ETF rejection could mar the analyst’s prediction of an uptrend.
• Altcoin market cap is at the latter stages of forming the Wyckoff pattern, an uptrend could be oncoming.

Crypto Analyst Moustache tweeted that the altcoins market cap was following a pattern of breaking out from the descending triangle and retesting the all-time high of the previous year. Once, the previous high was reached, the altcoins had an uptrend.  Currently, as shown in the chart below, it is the pre-surge season and the analyst stated that those who listened to him would be rewarded.

Meanwhile, CoinEdition reported about a whale activity, among the many others, where 1,750 BTC were accumulated on the verge of BTC ETF being approved. It’s no…

The post Altcoins Market Cap Could Surge But the Road Isn’t Straight-Forward appeared first on Coin Edition.