A closely followed economist thinks that the Bitcoin (BTC) and crypto bull market still has room to run to the upside. Alex Krüger tells his 205,000 followers on the social media platform X that crypto investors are disappointed because the current cycle appears to be different from the ones witnessed in the past in terms […]
The post Economist Alex Krüger Says Bitcoin Supercycle Is Intact, Expects Emergence of Altseason – But There’s a Catch appeared first on The Daily Hodl.
Economist Henrik Zeberg believes Bitcoin (BTC) and altcoins are close to igniting the final phase of the crypto bull market. In a new interview on the Crypto Banter YouTube channel, Zeberg says he’s giving a less than 5% chance that crypto assets have already printed a bull market top. “There are no indications for me […]
The post Economist Henrik Zeberg Says No Indications That Crypto Bull Market Top Is In, Predicts ‘Fantastic’ Altcoin Season appeared first on The Daily Hodl.
A popular crypto analyst and trader thinks a wide altcoin season is unlikely in the current market environment. In a new YouTube video, the pseudonymous trader known as The Flow Horse tells his 11,500 subscribers that “there’s not enough money” for altseason to happen right now. “So what it means is there is definitely enough […]
The post ‘There’s Too Much Garbage’ – Veteran Analyst Warns There’s Not Enough Money for Altseason To Happen appeared first on The Daily Hodl.
“Altcoin markets are currently a zero-sum player versus player game,” market analyst and CryptoQuant CEO Ki Young Ju wrote.
The total altcoin market capitalization is still below the all-time high recorded in November 2021, with capital circulating between projects and capital inflows remaining stagnant.
Ki Young Ju, market analyst and CEO of CryptoQuant, compared the current altcoin market cap to that of Bitcoin (BTC), which has doubled since 2021, and said, “Only a few altcoin projects with strong use cases and narratives will survive.”
According to Total3 — the total market capitalization of all cryptocurrencies excluding Bitcoin and Ether (ETH) — altcoins currently have a market cap of roughly $943 billion.
Digital asset prices may still see substantial gains before the market corrects, the analyst said.
The cryptocurrency market is now in the “later stages of the current bull cycle” and “caution is advised” for investors, according to data analytics provider CryptoQuant.
The bull market, which began in January of 2023, is likely to reach its cyclical peak by the first quarter of 2025, or the second quarter at the latest, Crypto Dan, a CryptoQuant contributor, said in a Jan. 6 post.
“With a substantial influx of new investments as well as additional funds from existing investors, it is reasonable to expect that the market is now in the latter stages of this cycle,” the post said.
A closely followed analyst believes that crypto is gearing up to witness the highly anticipated altcoin season as the market gives off a reading seen only twice in eight years. Pseudonymous analyst TechDev tells his 493,800 followers on the social media platform X that altcoins are poised to outperform Bitcoin (BTC) based on historical data. […]
The post Altseason Imminent As Crypto Flashes Bullish Signal Witnessed Every Four Years, According to Analyst appeared first on The Daily Hodl.
AI cryptocurrencies have dropped nearly 30% in value, but analysts forecast a potential recovery during the 2025 altcoin season.
Artificial intelligence (AI) cryptocurrencies have shed nearly one-third of their cumulative value, despite optimistic expectations of an incoming altcoin season driven by more crypto-friendly regulations during 2025.
The cumulative market capitalization of AI cryptocurrencies stood at $50.5 billion as of 7:15 a.m. in UTC, down over 28% from their peak of $70.4 billion recorded on Dec. 7, CoinMarketCap data shows.
AI cryptocurrencies market capitalization. 1-month chart. Source: CoinMarketCap
The co-founders of the crypto analytics firm Glassnode are outlining two key conditions that could spark altcoin rallies just in time for Christmas. Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,300 followers that altcoins could be on the verge of outperforming Bitcoin (BTC) […]
The post Here’s What Could Trigger Christmas Rally for Altcoins, According to Glassnode Co-Founders appeared first on The Daily Hodl.
Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.
Bitcoin surpassed $100,000 for the first time in history on Dec. 5, boosting expectations of a $110,000 “local top” before United States President-elect Donald Trump takes office on Jan. 20.
Risk appetite is also returning among altcoin investors after Tron (TRX) surpassed a record $20 billion market capitalization, bolstering expectations of a forthcoming altcoin season, as some of the profits from Bitcoin (BTC) investors are expected to flow into smaller cryptocurrencies.
Bitcoin has entered the “parabolic phase” of the market cycle, as analysts point at a local top of above $110,000 before the end of January.
The chief executive of blockchain intelligence platform CryptoQuant says a structural shift in the accumulation of Bitcoin (BTC) is the culprit behind a delayed altseason. On-chain analyst Ki Young Ju tells his 379,400 followers on the social media platform X that the primary drivers of the current Bitcoin rally are entities not interested in loading […]
The post Altseason Can No Longer Rely on Capital Rotation From Bitcoin (BTC), Says CryptoQuant CEO – Here’s Why appeared first on The Daily Hodl.
