The post February Could Kickstart Altseason if History Rhymes: Analysts  appeared on BitcoinEthereumNews.com.

Crypto markets are down again today, with total capitalization having lost around 3% over the past 24 hours in a fall to $3.24 trillion. As usual, the brunt of the losses is from altcoins, which have continued to bleed for most of this month. Nevertheless, February has usually been a pivotal period for altcoins and markets in general if past cycles are anything to go by. “Markets look bleak, and everyone is calling for the death of altcoins, but could we be in store for a bounce soon?” asked analyst Miles Deutscher on Feb. 19. He observed that February has historically marked a local bottom in the “OTHERS/BTC ratio” at this stage in the four-year cycle. Markets look bleak and everyone is calling for the death of altcoins, but could we be in store for a bounce soon? February has historically marked a local bottom in the OTHERS/BTC ratio at this stage in the 4-year cycle. What if… pic.twitter.com/LdmbMgLTHK — Miles Deutscher (@milesdeutscher) February 18, 2025 When Altseason? Fellow analyst ‘Mister Crypto’ observed that there is always a Bitcoin dominance wick right before altseason, as seen in the 2017 and 2021 cycles. The metric did spike earlier this month, hitting a four-year high of 64.3% before declining slightly to current, but still high, levels at 61.3%, according to Tradingview. Others have suggested that BTC’s dominance needs to tap 70% first before it begins to fall, heralding the start of the altseason. We always get a dominance wick right before altseason. It happened in 2017 & in 2021… It will happen again in 2025! pic.twitter.com/23ktw2ldua — Mister Crypto (@misterrcrypto) February 18, 2025 Analyst ‘Kaleo’ opined that we have yet to see the heart of the bull market. “What we saw in memes is comparable to the growth we saw in coins…

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Filed under: News - @ February 19, 2025 7:24 am