Crypto Analyst: Altcoins Are in a Long-Term Accumulation Phase
- Altcoins will remain in the accumulation phase until after the next Bitcoin halving, says Zero Ika.
- The crypto analyst expects a temporary altcoin rally this summer.
- The current accumulation range has $460B as range high and $290B as range low.
According to ZERO IKA, a crypto analyst on Twitter, altcoins will remain in the accumulation phase until after the next Bitcoin halving. However, he anticipates altcoins regaining market share this summer.
𝗧𝗢𝗧𝗔𝗟 𝟯 represents the purest state of the altcoin market since it hasn't BTC and ETH.
— ZERO IKA
As said in the previous charts, altcoins are currently facing a big accumulation period which has 460B as range high and 290B as range low.
In my opinion, this is intended to last till… pic.twitter.com/m0cRHqi9ON(@IamZeroIka) July 9, 2023
Ika drew his analysis from TradingView data on “TOTAL3” which shows the cumulative market capitalization of all cryptocurrencies except Bitcoin and Ethereum. The TOTAL3 value, which stood at $328.667 billion at the time of writing, falls into an accumulation range that has $460B as range high and $290B as range low.
At …
The post Crypto Analyst: Altcoins Are in a Long-Term Accumulation Phase appeared first on Coin Edition.
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Crypto Analyst: Altcoins Are in a Long-Term Accumulation Phase
- Altcoins will remain in the accumulation phase until after the next Bitcoin halving, says Zero Ika.
- The crypto analyst expects a temporary altcoin rally this summer.
- The current accumulation range has $460B as range high and $290B as range low.
According to ZERO IKA, a crypto analyst on Twitter, altcoins will remain in the accumulation phase until after the next Bitcoin halving. However, he anticipates altcoins regaining market share this summer.
𝗧𝗢𝗧𝗔𝗟 𝟯 represents the purest state of the altcoin market since it hasn't BTC and ETH.
— ZERO IKA
As said in the previous charts, altcoins are currently facing a big accumulation period which has 460B as range high and 290B as range low.
In my opinion, this is intended to last till… pic.twitter.com/m0cRHqi9ON
Ika drew his analysis from TradingView data on “TOTAL3” which shows the cumulative market capitalization of all cryptocurrencies except Bitcoin and Ethereum. The TOTAL3 value, which stood at $328.667 billion at the time of writing, falls into an accumulation range that has $460B as range high and $290B as range low.
At …
The post Crypto Analyst: Altcoins Are in a Long-Term Accumulation Phase appeared first on Coin Edition.
Read More