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Because Bitcoin – Kaspa and Mid-Cap Altcoins are Ready to Explode! (26.03.2024 Summary)

Because Bitcoin – Kaspa and Mid-Cap Altcoins are Ready to Explode! (26.03.2024 Summary)

Alright folks, listen up! According to Max from Because Bitcoin, the mid-cap altcoin party is about to get wild, and Kaspa is ready to be the life of that party!

  • Kaspa’s chart pattern resembles the early stages of parabolic rallies seen in previous cycles, indicating an impending explosive move.

  • Historically, when Bitcoin establishes a new all-time high, mid-cap altcoins like Kaspa tend to rally aggressively after a period of consolidation and underperformance.

  • Max expects Kaspa to outperform the broader altcoin market (excluding the top 10 cryptos) by at least 200%, based on his analysis of the Kaspa/Others chart.

  • His targets for Kaspa and the Others index (mid-cap altcoins) are an 800% and 400% increase, respectively, from current levels.

  • The recent sharp correction in Kaspa’s price sets the stage for a powerful “snap back” rally, as oversold conditions tend to rebound strongly, similar to Bitcoin’s recovery after the March 2020 capitulation event.

Max is highly bullish on Kaspa and believes it has the potential to significantly outperform the mid-cap altcoin market in the upcoming “monster alt season” once Bitcoin’s new all-time high is firmly established.