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When Altcoin Season Will Finally Start: What to Expect After Bitcoin Peaks?

DATE POSTED:November 13, 2024
Top Altcoins To Stack For The Upcoming AltSeason!

The post When Altcoin Season Will Finally Start: What to Expect After Bitcoin Peaks? appeared first on Coinpedia Fintech News

Since November 5, the cryptocurrency market has experienced a massive growth of 28.24%. Almost all the top cryptos have displayed positive momentum, with Bitcoin marking a surge of 29.08% during the period. This positive general outlook triggers some crucial questions, such as where the Bitcoin market and Altcoin market stand in the current bull cycle. In a recent post, Miles Deutscher explains some of the crucial questions related to the market cycle in a simple and sensible way. Let’s see what he has to say about the current bull cycle scenario. Ready? Read on! 

Where We Are in the Bitcoin Cycle? 

Deutscher notes that the current Bitcoin cycle aligns well with its previous cycles. He states that the Bitcoin market is currently in the third phase of the cycle. This phase usually begins at least 200 days after the halving. Highlighting the similarities between the current BTC cycle and the previous ones, the cryptocurrency analyst asserts that in the final stage of this cycle the market will see the repetition of what witnessed in the previous cycles.

Predicted Bitcoin Cycle Top Timeline 

Highlighting how the BTC market behaved during the previous cycles, Deutscher forecasts that the market will reach its peak either in Q2 or Q3 of 2025. Noting that cycle length data points to a Q2 peak, while halving data and recent ATH data suggest a Q3 top, he claims the exact timing of the peak will be clear only by Q1 of 2025. 

I'm about to answer the most important question in crypto right now:

Where are we in the crypto cycle?

I dug through the data, and discovered:

• When $BTC will (likely) top this cycle
• When the REAL altcoin season is going to begin

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