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Top Analysts Predict “Hidden” Altcoin Bull Market: Stock Up on THESE Coins Now!

TokenTalk Staff

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Top Analysts Predict “Hidden” Altcoin Bull Market: Stock Up on THESE Coins Now!

Bitcoin had a rough time in April, plunging like never before.

But there is a glimmer of hope on the horizon, according to market expert Michael van de Poppe. He believes the worst might be over when it comes to the Bitcoin price decline. Recently, he talked about altcoin seasons and market cycles in a podcast, giving advice on how to make the most of them.

Here is a detailed analysis of his ideas.

Is Altcoin Season Imminent?

Van de Poppe feels bullish on the potential for an altcoin season, but recent trends have cast doubt on its immediate arrival. The altcoin season index jumped earlier in 2024, but fell after the halving event, indicating renewed interest in Bitcoin.

Although Bitcoin’s dominance is at 50%, altcoins have recently been hit harder, fueling concerns over selling pressure. Currently, the index sits at 39, suggesting that an altcoin season is not imminent. However, analysts see this as a buying opportunity for altcoins.

Tough times call for a strategy!

Van de Poppe advises taking a cautious approach to take advantage of the altcoin’s potential upside. Look for altcoins that are doing well and growing, then transfer the profits to other promising altcoins. He believes the price of Bitcoin and Ethereum is still lower than what they could be worth.

Van de Poppe says market cycles are lengthening because more people are joining and using cryptocurrencies. He believes this cycle could last until 2026 or 2027, with Ethereum leading the way for other altcoins.

In search of hidden gems

Van de Poppe highlights several altcoins with strong appreciation potential. Solana, after enduring a long bear cycle, is poised to experience further upside potential, making it an attractive investment option. Despite rumors of a “memecoin supercycle,” Solana gained 450% in one year. Along the same lines, Ethereum, although lagging behind Solana in terms of price, is showing signs of breaking up.

NEAR Protocol is another promising player that is showing good signs in its analysis. Chainlink is at its lowest point in the cycle, making it a good buying opportunity. Crossing the $27 mark and remaining stable could be a green light for investors.

Unlike the wild altcoin boom of 2020/2021, experts predict that the 2024 altcoin season will be more muted. They call it a “hidden bull market.”

What do you think about this new crypto trend? Share your thoughts.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Altcoins

Here’s When Altcoin Market Cap Will Reach New All-Time Highs, According to Trader Jason Pizzino

TokenTalk Staff

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Here's When Altcoin Market Cap Will Reach New All-Time Highs, According to Trader Jason Pizzino

A widely followed analyst reveals a possible timeline for altcoin markets to record new all-time highs.

In a new strategy session, trader Jason Pizzino tells his 329,000 YouTube subscribers that he’s taking a close look at the TOTAL3 chart, which tracks the market capitalization of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins.

According to Pizzino, TOTAL3 experienced a 26-month accumulation period during the last cycle, spanning from late 2018 to early 2021, before launching a parabolic surge.

Pizzino says TOTAL3 could reflect the same pattern in this cycle and could be a few months away from triggering a strong bullish surge.

“That would take us around February, so the first quarter [of 2025]. As you look at the fourth quarter of 2024 – the first quarter of 2025, I think that probably had a pretty good move to a new high price…

All this fear of a market decline would be forgotten in the fourth quarter. I’m going to put myself in danger here. »

Source: Jason Pizzino/YouTube

Looking at the trader’s chart, he seems to predict that the total altcoin market cap will fall to the 50% Fibonacci level, at around $400 billion, before sparking a recovery and hitting a new all-time high at -above $1 trillion by early next year.

At the time of writing, TOTAL3 is hovering at $597 billion.

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Altcoins

Altcoin exodus cuts crypto market cap by 3.2%, Bitcoin falls to $64,000

TokenTalk Staff

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Altcoin exodus cuts crypto market cap by 3.2%, Bitcoin falls to $64,000

Kitco NEWS has a diverse team of journalists who cover the economy, stock markets, commodities, cryptocurrencies, mining and metals accurately and objectively. Our goal is to help people make informed market decisions through in-depth reports, daily market summaries, interviews with leading industry figures, comprehensive (often exclusive) coverage of important industry events and analyzes of developments affecting the market.

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Trader Who Called 2022 Crypto Crash Bullish on Solana (SOL) and GPU-Focused Altcoin

TokenTalk Staff

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Trader Who Called 2022 Crypto Crash Bullish on Solana (SOL) and GPU-Focused Altcoin

An Analyst Who Accurately Called the 2022 Crypto Collapse Becomes Bullish on Solana (GROUND) and rendering (RNDR).

Analyst pseudonym Capo tell its 90,280 Telegram subscribers than Ethereum (ETH)-rival Solana and RNDR, the graphics processing unit (GPU) rendering blockchain, are likely in an uptrend.

“Added more to the long SOL and RNDR.”

Solana is trading at $133 at the time of writing, down almost 7% in the last 24 hours. Meanwhile, RNDR is trading at $7.17 at the time of writing, down 10% in the last 24 hours.

The analyst also monitors the OTHERS three-day chart, which tracks the total crypto market capitalization excluding the 10 largest digital assets and stablecoins, for signs of a rebound.

“Altcoins: the green zone is support but we should see a rebound soon. If green holds, then we should expect movement towards the red zones (T1 and T2). If green doesn’t hold, then blue. Judging by sentiment and indicators, I think the bullish scenario is more likely.

Source: Capo/Telegram

OTHERS is valued at $219.25 billion at the time of writing, down more than 7% in the last 24 hours.

Then the trader says that ETH against Bitcoin (BTC) could be preparing for an escape.

“ETH/BTC: This looks bullish.”

Source: Capo/Telegram

Looking at his chart, the analyst suggests that ETH/BTC could soon reach 0.065 BTC ($4,196). ETH/BTC is trading at 0.0532 BTC ($3,442) at the time of writing, up slightly over the past 24 hours.

Finally, the analyst claims that the bottom could be reached for the crypto market and predicts that a breakout is coming.

“The market has reached its lowest level again. BTC is holding above $65,000, but alts are suffering much more. It’s like that. Overall, it looks like local background training. Too negative sentiment and financing, filled offers and everything is very oversold. I still expect a strong rebound.

Bitcoin is trading at $64,661 at the time of writing, down 2.5% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Altcoin selloff wipes out $4.9 billion in DeFi TVL

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