Altcoin season, will it come next months? - page 3.

Shamm

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Quote from: Jose Mourinho on May 22, 2024, 11:45:46 AM

I think it is very difficult to determine when the bull run season will come, but if you look at the graphs and market statistics, it is very likely that the altcoin season will arrive soon, especially now that many altcoins are already green, of course this is an early sign that altcoins will soon increase, of course This is the right time to start buying and investing altcoins,

we actually don't know if I'm the next month is the correct time of altcoins bill run maybe in the near future but still we can not get the right time when it has happen. Even though Bitcoin is currently shocked the market and reached the price 70k up and for sure altcoins will go up too. Like Ethereum the price is increasing so it's better to have some this coin in order to have a good profit someday if it will go up higher and higher. Anyways it's up to us if we gonna buy or not but like what I said we can not sure if next month is the bull run of an altcoins.

DiMarxist

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Since the Ethereum spot ETF has been approved then next month the price might increase again but as for me Ethereum has already started it Bull Run since the time when the price reached $3,700. And the next target is $10k or more. This days the price too is not coming down like the way it was when SEC has not discussing with them.
In the next few months investors of Ethereum will have good profit from the investment.

leonair

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Quote from: DeathAngel on May 24, 2024, 12:23:49 PM

Altcoin price action usually lags behind Bitcoin price action so whenever Bitcoin flies high, expect altcoins to follow shortly after. We’re not get at peak bull phase, it might he 2025 that happens. Great news about the Ethereum Spot ETF approval though. It will bring much needed regulation & acceptance that ERC-20 tokens are the real deal.

Yes altcoin prices go up and down depending on bitcoin price so when there is a big positive effect on bitcoin price altcoins get pumped a lot. So when the bull run of altcoin will happen it can be said only when the price of Bitcoin will pump a lot. But if one can invest in potential top altcoins now with risk then something good can be found in the upcoming bull run. However, profits from altcoins cannot be guaranteed. And altcoins are often seen as scams, so you should not invest except for the top coins.

DeathAngel

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Altcoin price action usually lags behind Bitcoin price action so whenever Bitcoin flies high, expect altcoins to follow shortly after. We’re not get at peak bull phase, it might he 2025 that happens. Great news about the Ethereum Spot ETF approval though. It will bring much needed regulation & acceptance that ERC-20 tokens are the real deal.

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Quote from: MusaMohamed on May 24, 2024, 05:22:43 AM

Coming months will be very chaotic because the altcoin season starts, market makers will try to make some market wash outs to prepare for their manipulation in altcoin season.

If you already filtered the market, chose and accumulated good altcoins, hold them and don't feel fearful with fud in coming months.

The game rules is changing, and if we see other ETFs after ETH, it can give a good boost, because it will open the options for institutional players!

MusaMohamed

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Quote from: Volimack on May 23, 2024, 10:01:28 PM

The future of altcoins may be better after the approval of Ethereum ETF.

The approval of Ethereum Spot ETF can be a start of something bigger for this market. If Ethereum is not a security, many other altcoins will not be securities and they will no longer be arbitrarily suited by SEC. like how SEC. did many times recent years without any solid base on existing laws and regulations.

A biggest threat for altcoins is how they are classified by SEC. as a commodity or security?

If it is a commodity, it is no longer regulated by SEC. but will be regulated by CFTC.

Based on current Howey test, SEC. just arbitrarily classify altcoins as securities and there are pressure to compose new Act to define cryptocurrencies as security or commodity, to replace or adjust the Howey test.

Does crypto pass the Howey test?

Quote

As many of these large institutions start buying Bitcoin, expect a bull run at any moment. Altcoins can go higher in a bull run. Long standing concerns about market manipulation, coupled with cryptocurrency, cast doubt on the future of Ethereum ETFs. But the approval of Bitcoin ETFs will open the door for similar Ethereum products, potentially further advancing cryptocurrencies into mainstream financial markets.

Coming months will be very chaotic because the altcoin season starts, market makers will try to make some market wash outs to prepare for their manipulation in altcoin season.

If you already filtered the market, chose and accumulated good altcoins, hold them and don't feel fearful with fud in coming months.

bitterguy28

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I am confident that Altcoin season will come but not sure if this will happen in June next month because there are so much hindrances that is in the table so i believe that its too complicated to reach this high for a moment or next month.
maybe we are in the waiting for a time being and expecting increase in the next quarter or the last this year.

Quote from: Volimack on May 23, 2024, 10:01:28 PM

The future of altcoins may be better after the approval of Ethereum ETF. As many of these large institutions start buying Bitcoin, expect a bull run at any moment. Altcoins can go higher in a bull run. Long standing concerns about market manipulation, coupled with cryptocurrency, cast doubt on the future of Ethereum ETFs. But the approval of Bitcoin ETFs will open the door for similar Ethereum products, potentially further advancing cryptocurrencies into mainstream financial markets.

what if this don't come mate this year? what if the ethereum ETF approval after next year ? so that means the increase will happen in 2025?

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Quote from: Bureau on May 23, 2024, 08:58:36 PM

With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

We all saw the impact of the Bitcoin ETF on the price rise in Bitcoin although it took some time before the effect was felt but it still got some nice increase that even lead to breach of the former ATH of Bitcoin so I think this approval of the Ethereum ETF will also have significant increase and effect to the price of Ethereum and other altcoins as well. If am let to predict I would say we will gladly see some change right around 1-3 months from now.

Essential10

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There is a lot of skepticism about whether altcoins will rise in value in the next month, based only on speculation and no real word of mouth. Since the beginning of this year we have seen Ethereum, Solana, BNB coins go up following Bitcoin. Now there is no guarantee that the next alt season will start just around Ethereum ETF approval as we have seen a lot of ETF drama in the past. Whether the altcoin season starts next month or not will happen sometime in the future, so if you think investing in any altcoin is worth it in the current market then it is better to start investing because in high market you can have investment disagreement.

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After all, it is chart a presentation of the past and we can assure that this will be the same scenario that we experience in the coming days.
However, with the improving situation of the market and Bitcoin price, any of these days we might witness price rallies. I think we need to trust the market, it is been too long already that we have been in this volatile situation. If the price of Bitcoin pumps, altcoins will then follow, I'm sure this is very clear to us. Therefore, before we think about altcoin season, we also think about the current market situation. Otherwise, we speculate it wrongly.

Of course, I recall the past events but most of all, I analyze the market based on the current situation because there are a lot of factors affecting the trend which we never see in the past.

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The future of altcoins may be better after the approval of Ethereum ETF. As many of these large institutions start buying Bitcoin, expect a bull run at any moment. Altcoins can go higher in a bull run. Long standing concerns about market manipulation, coupled with cryptocurrency, cast doubt on the future of Ethereum ETFs. But the approval of Bitcoin ETFs will open the door for similar Ethereum products, potentially further advancing cryptocurrencies into mainstream financial markets.

Bureau

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With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

gunungkembar

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Quote from: CoinMin3r on May 23, 2024, 02:39:43 AM

Quote from: rhodelmabanal on May 22, 2024, 10:59:26 PM

Based on my observation altcoins season is not far from today, the continuous rising of the bitcoin price can trigger both new and old altcoins to follow btc trend and i believe that few months or starting next week or months altcoins season will begin so be prepared for it.

Yeah bitcoin price is rising continuously and hadn't collapsed like it used to happen after reaching ATH. It falls a bit but retraces its path upward as soon too. So it may trigger upward trend for other alts too once investors realizes this and large amount of funds come into alts market. So alt season is inevitable which hadn't happened properly since 2018 whereas BTC reached its ATH multiple time since then. One can expect this but no one can tell when will it happen precisely.

In the past, when Bitcoin reached a new ATH, there was bad news that made many people panic and many whales and other investors sold their assets at cheap prices. But seeing Bitcoin successfully reach a new ATH price of $73k makes investors and whales more confident to keep raising Bitcoin prices.

nelson4lov

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There's going to be an altcoin run in the future for sure. There was one crazy run between October 2023 to February 2024 before everything hit a climax for that dip in the middle of February. Most of the altcoins have been in the accumulation phase because Bitcoin had all the attention with the ETFs and Halving events that pulled attention from altcoin. Now that ETFs for ETH has been approved by SEC, we might see another altcoin run with ETH leading the charge followed by eth betas

batang_bitcoin

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The first sign that we'll see altcoin season is when BTC moved a lot. From what we've seen lately, it moved a lot but still not enough to say that we're in the altcoin season. Usually it comes after BTC so, if you see that there's a huge correction after sudden pumping of BTC, it's not yet the time IMO. But that graph is a good guide if someone isn't confident with their own analysis, you can use that a reference but still the market has always been unpredictable.

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Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

By the way, I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

Maybe he meant ETH's rise was higher than bitcoin's this week then he said a big role for the next altcoin season, yes this is also because of the news that the Ethereum ETF has been approved.

Quote from: wheelz1200 on May 22, 2024, 05:58:59 PM

I don't know why people focus in on "altcoin season". It's simple. Once bitcoin takes off so does altcoins. Once bitcoin tanks so does altcoins. Trying to track past history on alts is fruitless, just do TA on bitcoin copy/paste in alts and there you have it. Bitcoin runs the market, alts follow.

Since they want bigger profits then waiting for the altcoin season when this explodes the rise could be higher.
But I believe in what you said when bitcoin flies then altcoins will follow and vice versa, so the role of bitcoin is very important in the next altcoin season this will also coincide with the bullrun.

Zanab247

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I saw the sign few days ago that altcoins season will happen in the month of June, which BTC and ETH has started taking some steps to pump for their hodlers to have hope of earning from the market soon.

This is the reason I was adding to my BTC and ETH, but some of my friends said am doing the wrong thing that BTC and ETH will not going to pump again this year which they have seen the new move of the price, and it will make people to earn big profits from their hodling when the bull run occur.

Yes, altcoins season will hit market next month because there is a little movement this week that will push the season to favor those that are hodling altcoins before the end of next month.

CoinMin3r

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Quote from: rhodelmabanal on May 22, 2024, 10:59:26 PM

Based on my observation altcoins season is not far from today, the continuous rising of the bitcoin price can trigger both new and old altcoins to follow btc trend and i believe that few months or starting next week or months altcoins season will begin so be prepared for it.

Yeah bitcoin price is rising continuously and hadn't collapsed like it used to happen after reaching ATH. It falls a bit but retraces its path upward as soon too. So it may trigger upward trend for other alts too once investors realizes this and large amount of funds come into alts market. So alt season is inevitable which hadn't happened properly since 2018 whereas BTC reached its ATH multiple time since then. One can expect this but no one can tell when will it happen precisely.

MusaMohamed

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Quote from: Mpamaegbu on May 20, 2024, 08:53:13 PM

Don't be quick to forget that Ethereum is also an altcoin. So, when referring to altcoin season; ETH is also included. By the way, I don't understand what you actually meant by ETH outperforming Bitcoin when we know that Bitcoin dominance of the market is still above 51% while ETH has 16%. There's still a huge gap.

I did not write anything that ETH ourperforms Bitcoin and you misunderstood my post. Ethereum is like other altcoins, can outperform Bitcoin in short term but in long term, Bitcoin is the best in safety for your investment and its ROI.

Bitcoin dominance might fall to 48% to 49% in coming days and it will give time for altcoins to have a strong wave of recovery.

Quote from: Jawhead999 on May 22, 2024, 10:22:25 AM

I think he meant if ETH price increased higher than Bitcoin price in terms of percentage, ETH outperform BTC. Cheesy

But it's only outperform in that time.

I did not mean so but because you both said about outperform of Ethereum against Bitcoin, if you see the chart at my topic writing time, it is an outperform at that time but it's not what I implied when I wrote this.

I only shared two graphics and want to discuss about possibility of an altcoin season with signals from Bitcoin and Ethereum, not discuss about performance of Ethereum against Bitcoin.

rhodelmabanal

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Based on my observation altcoins season is not far from today, the continuous rising of the bitcoin price can trigger both new and old altcoins to follow btc trend and i believe that few months or starting next week or months altcoins season will begin so be prepared for it.

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