Two Analysts Believe a Massive ‘Altcoin Season’ Is About to Start. Here’s Why
- Analysts are pointing to historical chart patterns that suggest an altcoin season is near
- A breakout in the ETH/BTC trading pair is seen as the primary trigger for a broad rally
- The total altcoin market cap is holding a key historical support level of around $1 trillion
A growing consensus among crypto analysts suggests that a major “altcoin season” could be on the horizon for 2025. This outlook is based on a combination of historical chart patterns, specific technical triggers, and a market structure that appears to be mirroring previous explosive cycles.
What Historical Pattern Is Fueling the Bullish Outlook?
Prominent analyst Ash Crypto has fueled the discussion by sharing a chart that highlights a repeating market pattern. According to his analysis, powerful altcoin rallies have historically been preceded by a significant drop in altcoin market dominance, followed by a sharp and sustained recovery.
Ash Crypto’s analysis suggests that the current market structure is eerily similar to past cycles where altcoin season kicked off after an extended consolidation. His chart indicates that 2025 could mirror these past explosive cycles, where altcoins out…
The post Two Analysts Believe a Massive ‘Altcoin Season’ Is About to Start. Here’s Why appeared first on Coin Edition.
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Two Analysts Believe a Massive ‘Altcoin Season’ Is About to Start. Here’s Why
- Analysts are pointing to historical chart patterns that suggest an altcoin season is near
- A breakout in the ETH/BTC trading pair is seen as the primary trigger for a broad rally
- The total altcoin market cap is holding a key historical support level of around $1 trillion
A growing consensus among crypto analysts suggests that a major “altcoin season” could be on the horizon for 2025. This outlook is based on a combination of historical chart patterns, specific technical triggers, and a market structure that appears to be mirroring previous explosive cycles.
What Historical Pattern Is Fueling the Bullish Outlook?
Prominent analyst Ash Crypto has fueled the discussion by sharing a chart that highlights a repeating market pattern. According to his analysis, powerful altcoin rallies have historically been preceded by a significant drop in altcoin market dominance, followed by a sharp and sustained recovery.
Ash Crypto’s analysis suggests that the current market structure is eerily similar to past cycles where altcoin season kicked off after an extended consolidation. His chart indicates that 2025 could mirror these past explosive cycles, where altcoins out…
The post Two Analysts Believe a Massive ‘Altcoin Season’ Is About to Start. Here’s Why appeared first on Coin Edition.
Read More