The post Analysts Say Just 6 Months More appeared on BitcoinEthereumNews.com.

After Bitcoin’s splendid performance in the last few days, the altcoin season is now the most awaited event in the crypto market. Some of the cryptocurrencies have also exhibited a bULlish behavior with the Bitcoin price rally, but the hype for the altcoin rally is quite different. It is because it is the prime time when most crypto tokens attempt news high. And as the market has not been entirely favorable throughout the year, a few like XRP are in much need of this season. However, despite the anticipation, there is a long wait and uncertainty around it, but a crypto analyst has recently provided an exact timeline on when this will happen. Altcoin Season To Hit In The Next 6 Months Ash Crypto, a crypto analyst with 1.2M followers on X, has recently presented its views on the altcoin Season. More importantly, he revealed how and when it will hit the crypto market, bringing new hope for investors to see their holdings at their maximum value. In his X post, he mentioned how BTC’s dominance reached a 42-month high, which is also the main reason behind the Bitcoin price rally to $68K. Bitcoin is the biggest cryptocurrency, with a $1.3T market cap, so it has a huge influence on the crypto market. However, the alt season will not begin as long as the BTC dominance does not drop from the current 57.7%. Interestingly, this is also Ash’s prediction, increasing its authenticity. ALTSEASON 2.0 UPDATE BTC dominance reached a 42 monthhigh as Bitcoin pumped to $68,000. BTC Dominance can jump to 61% ifBTC rallies towards $80k-$90k in thenext 30 days. What does it mean for you? – Bitcoin can give big rally & outperformAlts for few weeks. – ALTs… pic.twitter.com/9DIxKYBGjT — Ash Crypto (@Ashcryptoreal) October 17, 2024 He believes that…

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Filed under: News - @ October 18, 2024 4:27 pm