Post
Topic
Board Speculation (Altcoins)
Re: Altcoin season coming soon?
by
Obim34
on 28/02/2024, 20:35:03 UTC
Generally we consider Bitcoin to be the best coin, the best coin to consider, when the price of Bitcoin increases, the price of all unique Altcoins increases. Halving is in 2024 From the past halvings we can assume that the next year after the halving Bitcoin price will rise to the highest level. After halving in 2020, Bitcoin price rose to the highest in 2021. And all other Altcoin prices increase along with Bitcoin, so this year after halving in 2024 year. 2025 when Bitcoin price is highest then Altcoin price will increase the highest. For this year 2025 all investors are waiting to invest their money.
No doubt, Bitcoin will be always the best coin. Bitcoin is the main coin in crypto space, it is the number 1 priority for investment. The Bitcoin halving brings big impact to the whole crypto market, it creates the big hype and trigger the prices of all coins to skyrocket. One of the impacts is the altcoins season, it is when the price of altcoins can increase massively. If you followed every bullrun season, you must understand that Bitcoin and altcoins have their own time. Altcoins skyrocket when Bitcoin price tends to quite stable (sideways). Well, however, investors will have a great year in 2024-2025. It is the time for taking profits both for Bitcoin and altcoins as well.
It's already happening, I mean the Altcoin season from taking a look at Ethereum then many more just alone with the little increase in Bitcoin price most Altcoins are now beginning to experience the bull run and yet just the beginning. We ought to see positive outcomes from holding and investing parts of Bitcoin and some other Altcoins.

Yeah just saw the news that coinbase has gone down due to huge traffic. This same thing happened right before the bull season last time. Retail investors use coinbase to accumulate bitcoin so the decline of coinbase is an indication of the return of institutional investors. I thought we will have time till the halving at least but it seems we can see a new ATH within a few weeks. I do believe there will be a flash crash to liquidate the long position but it will be short lived.
Records holds the last ATH of Ethereum was on the same day Bitcoin had it's previous ATH. For Bitcoin expericing this rapid increase in price getting close to the last ATH just yet before the halving is another prove that most Altcoins will certainly hit new prices and getting our bags filled with both Bitcoin and Altcoins is something that will later on benefit us.