Pages:
Author

Topic: ANALYST: ALTCOIN SEASON has almost arrived - page 2. (Read 881 times)

legendary
Activity: 2772
Merit: 1028
Duelbits.com
November 15, 2019, 10:01:34 AM
#87
Everyone hopes altcoin can come back in a positive trend but I think it will happen when bitcoin is half a day running so that with the rise of bitcoin it will definitely be able to make altcoin also increase later, but it's certainly not easy to predict what will happen to digital currencies in the future. Me, you and all of us will hope for the best.
I am not 100% sure what will happen to the altcoin prices if BTC touches again the $20000. The personal predictions are based on the trader's experience and the market understanding but the reality is not close to these two factors. The long way is expected to reach the perfect balance of Altcoin vs Bitcoin, useless altcoins will be erased from the total market cap, survivors will compete with each other.
member
Activity: 318
Merit: 10
crypto enthusiast
November 15, 2019, 09:27:26 AM
#86
Everyone hopes altcoin can come back in a positive trend but I think it will happen when bitcoin is half a day running so that with the rise of bitcoin it will definitely be able to make altcoin also increase later, but it's certainly not easy to predict what will happen to digital currencies in the future. Me, you and all of us will hope for the best.
BTC/alt direct proportional relationship is likely to happen. Alts aren't going nowhere till btc moves, halving is my best guess for happening.
sr. member
Activity: 980
Merit: 255
November 13, 2019, 09:09:12 PM
#85
Here we are 7 months away from the Bitcoin having, so I think sometime in the next 5 months there is going to be Bitcoin run-up near if not beyond its ATH. With that most alts will certainly go up. How much depends on how crazy that FOMO feeling gets, and the quality of the alt. It is hard to predict exactly when but I get that gut feeling we are going to see a big run, but probably not as crazy as 2017.

I agree with you. Altcoins might not have the kinda fuel to make moves like it did in 2017 and if there's going to be moves, selected key alts will make the biggest moves. As for the price level for Bitcoin, I'm sure It'll exceed the all time high abd beyond. Bitcoin halving is a big deal. I expect the price to reflect that.

I expect an altseason, if it occurs, to be much more selective as well. Perhaps top 100-200ish coins increase somewhat, but it'll only probably be a handful of alts that really provide decent returns.

And I too think BTC will eventually exceed its ATH, although I'm not so certain it'll occur when the halvening does.. or a least I don't think it'll far exceed it. If going by past history, BTC may get close to or nudge slightly beyond ATH, fall back a bit, and we may need to wait a year or so for it to really take off. It also wouldn't surprise me in the least if we see BTC do what LTC recently did with its halvening -- BTC increases, possibly between 10-20K, but 2 or so months before the actual halvening date. Then it does the dump thing before the event, meaning prices had gotten baked in early.
When the next altcoin season happens I also expect that it will be contained only to the most successful coins in the market, however if the altcoin season gives huge profits then investors will go crazy investing in any coin similar to what happened in 2017.

But this worries me, because now many people are going to remember what happened during that altcoin season and they are not going to keep holding their coins, they will sell them at the first opportunity so the volatility is probably going to be many times higher than what we saw in those days.
full member
Activity: 1120
Merit: 101
November 13, 2019, 09:48:04 AM
#84
My problem with analysts is there over smartness in giving open ended predictions without time frame and thus limit. It is as good as someone with basic economics knowledge saying that bitcoin will get back to 20k usd which is pretty much like a fact with all the news of adoption happening lately
I am not even sure that the so called analyst have the right formula to actually be able to predict the value of bitcoin accurately, and many analyst that you have been listening to are actually using their influence as a popular public figure to actually manipulate the market depending on their influence on people which is why you could see that some of their prediction comes true, while some does not come true, so I will say that it is just more like the same speculation that everyone is doing that they are all doing also.

With volatility, it is very difficult to know the exact amount of value that a coin will grow to except we judge it from the perspective of adoption which everyone will be able to do that according to the technology of each coin.
there are no accurate figures on the crypto market. everyone is free to make predictions, so are you. but when predictions and analyzes are made of your publications, of course, it must be through really complicated research. if only published allegations and prejudices would be very bad. like a gamble that I saw. but sometimes the greater a prediction is followed and agreed upon by the market then that can be a sentiment towards the market and it can make the market move.
hero member
Activity: 2828
Merit: 611
November 13, 2019, 09:32:06 AM
#83
My problem with analysts is there over smartness in giving open ended predictions without time frame and thus limit. It is as good as someone with basic economics knowledge saying that bitcoin will get back to 20k usd which is pretty much like a fact with all the news of adoption happening lately
I am not even sure that the so called analyst have the right formula to actually be able to predict the value of bitcoin accurately, and many analyst that you have been listening to are actually using their influence as a popular public figure to actually manipulate the market depending on their influence on people which is why you could see that some of their prediction comes true, while some does not come true, so I will say that it is just more like the same speculation that everyone is doing that they are all doing also.

With volatility, it is very difficult to know the exact amount of value that a coin will grow to except we judge it from the perspective of adoption which everyone will be able to do that according to the technology of each coin.
hero member
Activity: 1204
Merit: 509
November 11, 2019, 01:24:44 PM
#82
Analysts have been predicting an auction season for a while now.  Although I remain optimistic as I have a rather substantial altcoin holding,  I do think the auction season may take longer to manifest than is projected as a result of this unpredictable price action with BTC.

My problem with analysts is there over smartness in giving open ended predictions without time frame and thus limit. It is as good as someone with basic economics knowledge saying that bitcoin will get back to 20k usd which is pretty much like a fact with all the news of adoption happening lately


I wouldn't say anything related to crypto is a 'fact' ... so although I agree that BTC will eventually get to 20K and I feel likely surpass it, I wouldn't treat it as a fact.

And I too have found analysis somewhat useless. There is too much manipulation, and let's not pretend it's just related to junk coins with low volume, it applies to the top coins and btc as well. Then consider the weird btc-altcoin correlation, where even if an alt looks like it should do well by the charts, btc crashes the party and does its own thing, killing pumps randomly. Typically analyst info reads something like, coin may crash to but if it doesn't, it may go up to . Yay ... basically coin may go up or down, but nobody has a clue what it'll do.
hero member
Activity: 1426
Merit: 506
November 11, 2019, 12:11:56 PM
#81
I see on the chart that the altcoin season will begin no earlier than February 2020.  The problem is that technical analysis does not work in the cryptocurrency market, since it has a high percentage of manipulations.
The charts will not help in this market, you can monitor the market trend in the past other than that there is nothing that can help you in deciding that the charts will be helping much, the reason is not manipulation when it comes to the top coins in the market, it is very difficult to predict when the next altcoin rally will happen and i wont be surprised if we wont see that again.
full member
Activity: 573
Merit: 102
November 11, 2019, 11:59:59 AM
#80
Analysts have been predicting an auction season for a while now.  Although I remain optimistic as I have a rather substantial altcoin holding,  I do think the auction season may take longer to manifest than is projected as a result of this unpredictable price action with BTC.

My problem with analysts is there over smartness in giving open ended predictions without time frame and thus limit. It is as good as someone with basic economics knowledge saying that bitcoin will get back to 20k usd which is pretty much like a fact with all the news of adoption happening lately
hero member
Activity: 2520
Merit: 711
November 10, 2019, 09:36:40 AM
#79
Again? Market's in upward trend this year but who to believe and what would you consider as a proved indicator?

https://beincrypto.com/altseason-has-almost-arrived-for-altcoins-according-to-analyst/?utm_source=reddit&utm_medium=social&utm_campaign=cryptocurrency&utm_content=ff

I see on the chart that the altcoin season will begin no earlier than February 2020.  The problem is that technical analysis does not work in the cryptocurrency market, since it has a high percentage of manipulations.



sr. member
Activity: 1120
Merit: 255
November 10, 2019, 07:36:44 AM
#78
ANALYST: ALTCOIN SEASON has almost arrived
Again? Market's in upward trend this year but who to believe and what would you consider as a proved indicator?

https://beincrypto.com/altseason-has-almost-arrived-for-altcoins-according-to-analyst/?utm_source=reddit&utm_medium=social&utm_campaign=cryptocurrency&utm_content=ff
I think you can not apply any kind of analysis on the crypto markets, even traditional markets are random and near impossible to predict, and crypto is much more volatile and easier to manipulate. however there are patterns in the chaos, it looks to me like we still have quite a few more months of sideways trading before we see any confirmation for next altcoin season. If we go back and we consider the chart "bottom" beginning of 2015, we didn't see a confirmed breakout till 2016. So we will be waiting for 2020. also remember the catalyst for the 2017 bull-run was insane levels of retail FOMO which was obvious from all the mainstream attention crypto was receiving, and it was advertised all over the place. In my opinion we never see like that again.
hero member
Activity: 1204
Merit: 509
November 09, 2019, 02:20:50 PM
#77
Here we are 7 months away from the Bitcoin having, so I think sometime in the next 5 months there is going to be Bitcoin run-up near if not beyond its ATH. With that most alts will certainly go up. How much depends on how crazy that FOMO feeling gets, and the quality of the alt. It is hard to predict exactly when but I get that gut feeling we are going to see a big run, but probably not as crazy as 2017.

I agree with you. Altcoins might not have the kinda fuel to make moves like it did in 2017 and if there's going to be moves, selected key alts will make the biggest moves. As for the price level for Bitcoin, I'm sure It'll exceed the all time high abd beyond. Bitcoin halving is a big deal. I expect the price to reflect that.

I expect an altseason, if it occurs, to be much more selective as well. Perhaps top 100-200ish coins increase somewhat, but it'll only probably be a handful of alts that really provide decent returns.

And I too think BTC will eventually exceed its ATH, although I'm not so certain it'll occur when the halvening does.. or a least I don't think it'll far exceed it. If going by past history, BTC may get close to or nudge slightly beyond ATH, fall back a bit, and we may need to wait a year or so for it to really take off. It also wouldn't surprise me in the least if we see BTC do what LTC recently did with its halvening -- BTC increases, possibly between 10-20K, but 2 or so months before the actual halvening date. Then it does the dump thing before the event, meaning prices had gotten baked in early.
full member
Activity: 1134
Merit: 102
November 09, 2019, 01:02:10 AM
#76
Again? Yes, it's again started that people are speculating for a better price jump in the altcoin market by end of the year! This type of prediction makes no sense, just some words from some over expert people! Sorry, if I sound rude, but this is true! I can't see any signal that can convince my mind about the altcoin season's arrival, all just speculate without following the trading chart! The altcoin market totally dependent on Bitcoin movements! If Bitcoin price starts jumping to a good high, then the altcoin season will come!

How you don't see that Bitcoin price is growing from the beginning of the year? We are in the stabilization phase, so alt season can start in any moement, sam as bull run can come in any moment. Im not saying that this will start tomorrow, but market is stable now and prepared for fresh capital.

Yes, you are right market seems to be stable, which we might see any movement in the price of altcoin will surely increase in the market. The price of Bitcoin is fluctuating, which seems to be very tough to predict, maybe it will take some time to recover the altcoin market. We have to wait and see.
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
November 08, 2019, 11:40:36 PM
#75
Errrrrrrrrrr well although the sentiment has changed a little bit from super bearish into consolidation
Yet, we can't really prove that if the alts season will come

Most alts are still not able to break beyond their previous high
Thus, not the whole altcoin market will go up
Actually theres no one on this market can have those precise predictions yet they do already assume that there would be a flip out on just seeing some minimal changes.
Yes, we are already on a consolidation state compared on a very bearish market in previous years and month and thats already a good thing but we should not think off
overboard yet expectations and hopes does really hurt when crypto market would tend to break those things.For now, if you can handle up the risk then it isnt bad
to consider on purchasing some alts into its sideways movements.
Every prediction in this market only view and not trusted because the risk can be very high if you choose to invest with them. I usually just analyze this market by myself and always make decisions when investing because if you have the knowledge, please take advantage of that to be safer in this market. In fact, the altcoin season is likely to happen in the near future but only for a short time as the uptrend is usually not stable in the long run.
sr. member
Activity: 980
Merit: 255
November 08, 2019, 09:01:08 PM
#74
I think its too late for this year, I already accepted that there will be no more altcoin season this year, but instead I am just hopeful it will have next year.
There are big even next year which is the BTC halving, with that, I am expecting something that it will result to some market boost, not only for BTC but for altcoins as well.

Actually for many years I have been in crypto, I still find it hard to predict when the bullish season will come, so I just learn that i just have to believe and wait.
And that is the only healthy posture, investors keep trying to anticipate when the altcoin season will start and for almost 2 years that has been a waste of time, wait until it happens and when it does then invest in altcoins.

If you do not let yourself by influenced by the fear of missing out then you can easily pull out some profits when it happens similar to what those that have been outside of the market did when bitcoin began to go up in value during this year.
jr. member
Activity: 352
Merit: 3
November 08, 2019, 05:55:15 PM
#73
Altcoin season wont start before we reach next year, that's my prediction anyway. Bitcoin controls the market right now, and nobody wants to go into an altcoin right now, before a real bull market has been confirmed.
Once it happens though, I'm sure we'll see a lot of greedy people wanting to get in on the market again.
I predict DEX projects to be massive hits - We've seen more and more people actually caring about their privacy when trading. Pretty much sick of KYC forms, which makes no sense when you think about it.

I'm personally accumulating Blocknet coins, because I'm betting my money on a passive income stream from DEX fee's later down the road Smiley
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
November 08, 2019, 05:04:16 PM
#72
Here we are 7 months away from the Bitcoin having, so I think sometime in the next 5 months there is going to be Bitcoin run-up near if not beyond its ATH. With that most alts will certainly go up. How much depends on how crazy that FOMO feeling gets, and the quality of the alt. It is hard to predict exactly when but I get that gut feeling we are going to see a big run, but probably not as crazy as 2017.

I agree with you. Altcoins might not have the kinda fuel to make moves like it did in 2017 and if there's going to be moves, selected key alts will make the biggest moves. As for the price level for Bitcoin, I'm sure It'll exceed the all time high abd beyond. Bitcoin halving is a big deal. I expect the price to reflect that.
sr. member
Activity: 1181
Merit: 259
November 08, 2019, 02:59:03 PM
#71
Here we are 7 months away from the Bitcoin having, so I think sometime in the next 5 months there is going to be Bitcoin run-up near if not beyond its ATH. With that most alts will certainly go up. How much depends on how crazy that FOMO feeling gets, and the quality of the alt. It is hard to predict exactly when but I get that gut feeling we are going to see a big run, but probably not as crazy as 2017.
hero member
Activity: 1204
Merit: 509
November 08, 2019, 01:42:33 PM
#70


The Facebook Libra coin that I thought would have boosted the altcoins market is not being appreciated by the government, so they might actually not launch the project that we have all anticipated for. The only factor that I am considering causing the altcoin season to start is that of Ethereum 2.0. Since Ethereum has been the backbone of some of these projects, I expect the same Ethereum to do that magic this time around after the new upgrade has been done and released.

Libra seemed to have the opposite reaction (when first announced), by boosting BTC, but smushing alts in the process. Early-mid summer and BTC and Alts were chugging along fine, hand in hand ... Libra announced, BTC goes nuts, Alts smushed.

But I agree, if altcoin season does come around again, ETH 2.0 could be a factor. Only problem is, isn't ETH 2.0 supposed to start rolling out (1st phase) like 2 months from now? You'd think there would be more hype or movement already. Then again, crypo has it's own weird sense of time ... maybe 2 weeks before the event is when prices start to move.
legendary
Activity: 2884
Merit: 1117
November 08, 2019, 01:30:08 PM
#69
Again? Yes, it's again started that people are speculating for a better price jump in the altcoin market by end of the year! This type of prediction makes no sense, just some words from some over expert people! Sorry, if I sound rude, but this is true! I can't see any signal that can convince my mind about the altcoin season's arrival, all just speculate without following the trading chart! The altcoin market totally dependent on Bitcoin movements! If Bitcoin price starts jumping to a good high, then the altcoin season will come!
We just have so many people that are trying to use speculation to drive the market of altcoin forward without them first looking at if we have any available factor that will take responsibility for this, and it is only an event that can call for the altcoins season which I don’t see any for now.

The Facebook Libra coin that I thought would have boosted the altcoins market is not being appreciated by the government, so they might actually not launch the project that we have all anticipated for. The only factor that I am considering causing the altcoin season to start is that of Ethereum 2.0. Since Ethereum has been the backbone of some of these projects, I expect the same Ethereum to do that magic this time around after the new upgrade has been done and released.
hero member
Activity: 2730
Merit: 632
November 08, 2019, 07:25:01 AM
#68
Errrrrrrrrrr well although the sentiment has changed a little bit from super bearish into consolidation
Yet, we can't really prove that if the alts season will come

Most alts are still not able to break beyond their previous high
Thus, not the whole altcoin market will go up
Actually theres no one on this market can have those precise predictions yet they do already assume that there would be a flip out on just seeing some minimal changes.
Yes, we are already on a consolidation state compared on a very bearish market in previous years and month and thats already a good thing but we should not think off
overboard yet expectations and hopes does really hurt when crypto market would tend to break those things.For now, if you can handle up the risk then it isnt bad
to consider on purchasing some alts into its sideways movements.
Pages:
Jump to: