Posted 1/22/2024, 8:04:54 AM
Analyst: Altcoins Poised to Lead Next Crypto Rally to $2.1 Trillion Total Market Cap
- Analyst says crypto markets look ready for another leg up, with altcoins likely leading the next rally
- Sees total crypto market cap rallying to $2.1 trillion, driven by altcoins, while Bitcoin consolidates
- Bitcoin dominance chart suggests altcoin outperformance, as dominance peaked before previous halvings
- Expects Bitcoin to fall to $36k-40k range before bottoming out and reversing higher
- Analyst's charts suggest altcoin rally happening before April, with Bitcoin bottoming out before pushing higher