Prepare for altcoin Season!
altcoin Season is coming. Crypto markets have had a big move higher since U.S. elections. Can it still go higher? YES. Much higher.
The turnaround started already on Aug 5th, this year’s low point. And while Bitcoin (BTC) is hitting new all-time-highs (ATH), most altcoins are still well below.
altcoins season is just heating up!! Typically, BTC leads the bull market and is followed by altcoins.
Next few months (end of 2024 and early 2025), market is likely to reach a frenzy phase.
Most altcoins, including ETH, are still well below their ATH, even below this year’s highs! (see table below)
That means that we’re looking at another 50-100%+ gains ahead of us just getting back to 52-week highs…and more if we revisit ATHs.
% below 52-week Highs and ATHs! Is altcoin Season Coming?
How to Benefit From the Coming altcoin Season?
Leverage altFINS’ tools, research, community and education:
- For long-term investors, altFINS’ research team, lead by Marek Hric (Director), highlights undervalued assets in DeFi, DEX, gaming, L1/L2 and AI sectors. Read Coin Picks. Here’s a fresh AI report highlighting 4 leading AI projects for your portfolio.
- Trade setups and signals. altFINS’ AI Chart Patterns and Technical Analysis sections, as well as Screener, are a great source of tens of trade ideas every day.
- Our VIP telegram group is where we discuss trade setups, Coin Picks research, macro news, etc. Users ask many questions and discuss their own strategies.
- Education. Learn to trade with altFINS’ Trading Course, which includes 10 lessons, 40 videos, quizes, and notes, covering 7 trading strategies as well as critical risk management techniques.
What Will Drive the Market Higher?
1) Lower Interest Rates
Central Banks around the world are lowering interest rates, which stimulates economies and is positive for valuations of risk assets like stocks and crypto.
The Fed (US Central Bank) just lowered interest rates by 0.25% after lowering them in September by 0.50%. That was the first cut in four years! But there’s room for more cuts:
FED Rate Cuts Just Starting
2) Deregulation
The new U.S. administration is likely to stop the toxic regulatory environment for crypto, especially DeFi projects.
We may not see new regulation for a few years but at least the SEC lawsuits should end. No regulation is much better than the baseless litigations.
Imagine what happens when Coinbase, Binance, Robinhood and others start adding more altcoins to their U.S. exchanges, without fearing litigation from SEC….
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