Cryptocurrency analysts are excited about a possible upcoming surge in altcoin prices, with some predicting it might happen sooner than expected. It’s just hopium?
There will be a peak. Can we get a smaller peak sooner?
Crypto analyst Miles Deutscher believes that while historical trends suggest a peak in October 2025, there are promising signs that altcoins could peak earlier.
Yass! He explained that in previous cycles, altcoins reached their peak exactly 546 days after Bitcoin’s halving, and based on this pattern, the next peak would be in October 2025.
But Deutscher warns against relying only on past data, noting that factors like cycle acceleration and macroeconomic influences might lead to an earlier peak.
He repeated that it’s still early in the altcoin cycle, or at least earlier than many might think.
End of 2020 vibes
Popular social media crypto trader Jelle supports this view, seeing similarities between the current alt market and the end of 2020.
Jelle pointed out that alts are showing patterns similar to those seen in late 2020, with prices dipping into key support levels before rising like a space rocket.
Another technical analyst, Yoddha provided a bigger picture, a wider perspective on the altcoin market.
He noted that recent market movements are shifting perceptions from skepticism to optimism about crypto’s future, and the typical stages of a bull market include a long period of accumulation, a breakout, a brief consolidation, and then a full bull market.
Charge
And now, next to Yoddha, many believes we are nearing the end of the consolidation phase, ready for a full scale bull run.
Crypto commentator Steph Is Crypto added to the optimism by reminding the audience a bullish technical indicator for Bitcoin, which often sets the trend for altcoins.
Steph noted that Bitcoin’s bull flag breakout is still active, suggesting that both Bitcoin and altcoins are poised for a big rise soon.
Have you read it yet? Now is the right time to buy Bitcoin?
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