Rally

Bitcoin

April

Rekt

<p>The post <a href="https://coinpedia.org/news/altcoin-rally-to-begin-ahead-of-bitcoin-price-surge-says-top-crypto-analyst/">Are You Ready for the Altcoin Rally? Analyst Identifies Top Bullish Signs</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The digital currency market is buzzing with whispers about an impending <a href="https://coinpedia.org/price-analysis/top-exchange-listings-could-pump-these-altcoins-to-5x-10x-gains/">altcoin season</a>. Analysts, guided by historical patterns, speculate that a shift may be on the horizon, driven by intriguing indicators.</p> 
<p>At the center of this speculation lies the Bitcoin dominance chart, hinting at a possible reversal. Currently, it stands at its highest since March 2021, marking <a href="https://www.tradingview.com/symbols/BTC.D/">54.60%</a>. For keen observers, this surge suggests the potential onset of the next altcoin season.</p> 
<h2 class="wp-block-heading" id="h-bright-future-for-altcoins">Bright Future for Altcoins</h2> 
<p>Renowned crypto analyst Rekt Capital explores the resilience of the Altcoin Market Cap amidst Bitcoin’s price swings. Despite Bitcoin’s ups and downs, the Altcoin Market Cap consistently holds firm around the critical $315 billion support level, reflecting historical strength.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ALTS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALTS</a><br><br>No matter what Bitcoin's price has done over the past few weeks…<br><br>Altcoin Market Cap has been the only constant<br><br>Consistently retesting the red $315bn level as support for weeks now<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/Ny3ZojbpUk">pic.twitter.com/Ny3ZojbpUk</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1778525036133179757?ref_src=twsrc%5Etfw">April 11, 2024</a>
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<p>Read More: <a href="https://coinpedia.org/price-analysis/bitcoin-halving-will-fuel-these-major-altcoins-2x-5x-profits-expected/">Bitcoin Halving will fuel These Major Altcoins – 2x-5x Profits Expected!</a></p> 
<h2 class="wp-block-heading" id="h-risks-and-rewards-of-altcoins">Risks and Rewards of Altcoins</h2> 
<p>Altcoins, with their promise of higher profits, captivate traders, despite the acknowledged higher risk. These digital assets often steal the spotlight after <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin</a> rallies, adding to the anticipation surrounding their next move.</p> 
<p>Adding to the optimism, analyst Kevin Svenson reveals a positive outlook for the altcoin market cap, hinting at a potential uptrend. Historical trends, especially after <a href="https://coinpedia.org/beginners-guide/what-is-bitcoin-halving/">Bitcoin halving</a> events, suggest a possible surge in altcoin fortunes, fueling excitement.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24Alt&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Alt</a>-Coin Market Cap ($TOTAL3) positioned for a massive bull run. <br><br>People often forget … AFTER <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>'s Halving is when the narrative shifts toward <a href="https://twitter.com/search?q=%24Alts&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$Alts</a>. <a href="https://twitter.com/hashtag/AltSeason?src=hash&amp;ref_src=twsrc%5Etfw">#AltSeason</a><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3c1.png" alt="🏁" class="wp-smiley" style="height: 1em; max-height: 1em;"> hasn't even started <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f608.png" alt="😈" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f319.png" alt="🌙" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/psP41LWuvR">pic.twitter.com/psP41LWuvR</a></p>— Kevin Svenson (@KevinSvenson_) <a href="https://twitter.com/KevinSvenson_/status/1777829836519625038?ref_src=twsrc%5Etfw">April 9, 2024</a>
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<h2 class="wp-block-heading" id="h-understanding-the-crypto-scene">Understanding the Crypto Scene</h2> 
<p>Yet, amidst the buzz for altcoins, the broader cryptocurrency scene appears relatively calm. Total market capitalization hovers around $2.74 trillion, signaling a moment of quiet amid murmurs of impending change.</p> 
<p>Analyst Crypto Nova echoes the sentiment of an upcoming altcoin resurgence, linking it to a decline in Bitcoin dominance, often a precursor to altcoin momentum. The subtle movements of the dominance chart hint at a changing narrative in the cryptocurrency story.</p> 
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   <p lang="en" dir="ltr">It's been increasingly evident that a true altseason isn't far away anymore.<br><br>Overall speaking, the shift between Bitcoin dominance rising and dropping is when alts truly start shining.<br><br>This hasn't happened yet BUT the trend is truly weakening. A lot!<br><br>The higher highs and… <a href="https://t.co/A7WF6SnknS">pic.twitter.com/A7WF6SnknS</a></p>— Crypto Nova (@CryptoGirlNova) <a href="https://twitter.com/CryptoGirlNova/status/1777637932372811979?ref_src=twsrc%5Etfw">April 9, 2024</a>
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<h2 class="wp-block-heading" id="h-technical-insights"><strong>Technical Insights</strong></h2> 
<p>Supporting this view, technical analyst ‘Titan of Crypto’ points to the Ichimoku indicator as a possible trigger for blocking <a href="https://coinpedia.org/news/btc-dominance-signal-shifting-investors-interest-from-altcoin-to-bitcoin-here-is-why/">Bitcoin dominance</a> and initiating the alt season.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> <br><br>I see a lot of posts recently arguing there will be no altseason anymore and that <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> dominance is going to roar soon. <br><br>I personally believe there will be another altseason. <br><br>And like in 2021, SSB (Senkou Span B) the strongest line of Ichimoku will play a… <a href="https://t.co/k2F4s8a5Bj">pic.twitter.com/k2F4s8a5Bj</a></p>— Titan of Crypto (@Washigorira) <a href="https://twitter.com/Washigorira/status/1776265711276511276?ref_src=twsrc%5Etfw">April 5, 2024</a>
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<h2 class="wp-block-heading" id="h-an-unknown-territory">An Unknown Territory</h2> 
<p>While outliers like Toncoin soar, the journey for many leading altcoins remains one of ups and downs. Bitcoin Cash, <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP</a>, Dogecoin, Cardano, Avalanche, Polkadot, and Chainlink, among others, still trail significantly behind their 2021 peaks, hinting at a story yet to unfold.</p> 
<p>Read More: <a href="https://coinpedia.org/news/stablecoin-regulation-coming-this-week-heres-what-traders-can-expect/">Stablecoin Regulation Coming This Week: Here’s What Traders Can Expect</a></p>

Are You Ready for the Altcoin Rally? Analyst Identifies Top Bullish Signs

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