I understand we are entering altcoin season and things will be bullish. But when will we see the downward trend? Are we talking mid 2025?
I know its a bit of an unknown but interested in hearing peoples views/predictions...
Maybe we are starting to see a downward trend. The entire cryptocurrency market is bloody right now. I don't know how long this bloody position of the market will last. As Bitcoin has gone from $108,000 to $99,000, the altcoin market is completely collapsing. Each coin is dumping about 20 percent to over 50 percent. In such a situation, those who are holding altcoins are facing a lot of losses in their investments or trading. I don't know if the altcoin session will start in 2025 and if we will be able to recover some of the altcoins we are holding. Because the market situation is not looking good at all.