2024

Bitcoin

when

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<ul>
 <li>Reputed crypto and Bitcoin analyst shares his take on when altcoins will set new ATHs.</li>
 <li>He shares a report explaining how the crypto market is facing another correction phase.</li>
 <li>He encourages the crypto community to look at historic charts and make smart decisions.</li>
</ul>
<p>As the crypto market swings into <a href="https://cryptonewsland.com/altcoins-experience-steep-decline-amidst-btc-correction-are-altcoins-headed-for-a-recovery-or-a-deeper-slump/" target="_blank" rel="noopener noreferrer nofollow">another brutal market dip altcoin</a> and Bitcoin holders everywhere try to keep their hopes up. Renowned analysts share their observations to find a source for the cause of the dip besides a simple correction phase.&nbsp;</p>
<p>While some point to <a href="https://cryptonewsland.com/golden-bull-run-start-trigger-revealed-god-spike-loading-for-75000-btc-price-altcoins-will-follow/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin ETF trading as a reason</a>, one reputed crypto and Bitcoin analyst, Doctor Profit shares his take on the matter. To highlight, <a href="https://x.com/DrProfitCrypto" target="_blank" rel="noopener noreferrer nofollow">Doctor Profit</a> is known for his accurate predictions when it comes to crypto market action.&nbsp;</p>
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   <p lang="en" dir="ltr">The big Altcoin report 2024 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/270d.png" alt="✍" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>All you need to know for Q3:<br><br>Many people don't understand how altcoins work and why they need patience during market corrections. Not so long ago from October 2023 to March 2024, the altcoin market had a huge run, going from $300 billion to almost… <a href="https://t.co/lhcxRwE8lC" rel="noopener noreferrer nofollow">pic.twitter.com/lhcxRwE8lC</a></p>— Doctor Profit <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1e8-1f1ed.png" alt="🇨🇭" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@DrProfitCrypto) <a href="https://twitter.com/DrProfitCrypto/status/1803057868033151299?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 18, 2024</a>
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<p>Now, the silver-tongued analyst shares a long report he marks as the big altcoin report of 2024. Here he tells readers and investors what they can expect for Q3 of 2024. To begin he reminds the crowd that these corrections are very normal and price action takes months to bounce back.</p>
<p>He also highlights how in October 2023 to March 2024 altcoins went from $300 million to almost $800 million in market cap. Now, the market is correcting and has fallen by 25% to around $550 billion.&nbsp;</p>
<p>He then says altcoins have nearly hit their bottom and will soon rise to another massive market cap of $1 trillion. In this phase, Doctor Profit believes altcoins will set new ATHs. He then shares a number of buy orders he will execute for popular altcoins such as SAND, JASMY, IO, NOT, TON, ETH, OP, STX, ARB, and more.</p>
<p>He also places a disclaimer over his buy orders saying market manipulation will mean his orders may fluctuate by 3%-5%. He also alerts the crypto community to the next big crypto event which is the ETH ETF launch which will likely trigger a bull run after a few weeks.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Jasmy?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Jasmy</a> fam do not get shaken out. We expected this move with <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a>. History may not repeat exactly, but they do rhyme. Pain for those who r uninformed n possible capitulation and then "expansion" <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> for those patience n well informed! Thats u <a href="https://twitter.com/search?q=%24Jasmy&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Jasmy</a> fam! <a href="https://t.co/lDkotNYDFB" rel="noopener noreferrer nofollow">https://t.co/lDkotNYDFB</a> <a href="https://t.co/cObBezQHbG" rel="noopener noreferrer nofollow">pic.twitter.com/cObBezQHbG</a></p>— westcoast LA (@westcoast_la) <a href="https://twitter.com/westcoast_la/status/1802907626621268274?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 18, 2024</a>
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<p>Finally, he marks two possible outcomes. He then says that no matter which outcome plays out, the altcoin bottom will be set and any buys now will play very well for long-term users. Meanwhile, dedicated altcoin holders encourage the community to stay strong using historical chart action to build bullish sentiment and <a href="https://jasmy.global/" target="_blank" rel="noopener noreferrer nofollow">JASMY</a> is one such community leading the charge.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/altcoin-peak-will-arrive-in-october-2025-according-to-reputed-crypto-trader-and-analyst/" rel="noopener noreferrer nofollow">Altcoin Peak Will Arrive in October 2025 According to Reputed Crypto Trader and Analyst</a></li>
 <li><a href="https://cryptonewsland.com/why-the-crypto-space-should-not-be-sleeping-on-tezos/" rel="noopener noreferrer nofollow">Why the Crypto Space Should Not Be Sleeping on Tezos</a></li>
 <li><a href="https://cryptonewsland.com/cardanos-q3-success-whats-behind-the-198-tvl-growth/" rel="noopener noreferrer nofollow">Cardano’s Q3 Success: What’s Behind the 198% TVL Growth?</a></li>
 <li><a href="https://cryptonewsland.com/shiba-inu-blockchains-public-testnet-will-arrive-in-q3-2022/" rel="noopener noreferrer nofollow">Shiba Inu Blockchain’s Public Testnet Will Arrive in Q3 2022</a></li>
 <li><a href="https://cryptonewsland.com/these-5-cryptos-can-give-30x-profits-by-q3-2024/" rel="noopener noreferrer nofollow">These 5 Cryptos Can Give 30X Profits by Q3 2024</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/altcoin-2024-q3-report-and-bitcoin-price-action-reveals-massive-market-insights-for-traders-worldwide/" rel="noopener noreferrer nofollow">Altcoin 2024 Q3 Report and Bitcoin Price Action Reveals Massive Market Insights for Traders Worldwide</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Altcoin 2024 Q3 Report and Bitcoin Price Action Reveals Massive Market Insights for Traders Worldwide

Crypto News Land

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