Summer Altcoins Bullish Wave | 3 Reasons Explained

26 cze

The summer is here, which means vacations for a large portion of the worlds population... The Cryptocurrency market tends to move at this time of the year.

Two main reasons support a bullish wave for the altcoins market, the smaller altcoins, the "neglected" altcoins...

1) Great prices all across. As everything is trading near support or at new all-time lows. As people detach from their computers, smart money, old-traders/players, take this time to accumulate at the best possible prices. This accumulation phase can last for months.

2) The giant shakes. Bitcoin has a market capitalization of billions upon billions; actually, trillions of dollars. When Bitcoin enters correction mode, as has been happening for months, billions flow from Bitcoin to the altcoins and that's how the altcoins grow.

Those altcoins with a small market capitalization can really benefit from this dynamic and thus we will see massive growth.

3) The final reason is the upcoming, incoming bull-market... The 2025 major Cryptocurrency bull-market, starting late 2024. Many people are aware of these cycles and thus the loading phase starts now... It is already happening yet it is still early, there will be some time to buy-up, buy-in, rebuy and reload.

Are you in or are you out?

Thanks a lot for the support.

Namaste.