Max from BB explains why altcoins are on the verge of a significant rally, debunking the notion that we’re nearing a cycle top.
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He notes that Bitcoin’s current position in price discovery typically signals the start of an “alt season,” where altcoins outperform Bitcoin.
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By analyzing previous cycles, Max shows that Bitcoin’s price breakout historically leads to major gains in altcoins, with Ethereum and smaller altcoins often rallying for up to a year following Bitcoin’s peak.
Indicators support this, suggesting that Bitcoin hasn’t reached its peak yet. Max believes Bitcoin could rally further, potentially up to 160k, which would fuel even greater gains in the altcoin market.
His message: it’s time to position in altcoins, as Bitcoin’s signal opens the gates for a broader market rally, driving significant gains across the crypto space.
