Investors Bitcoin (BTC) and while waiting for the long-term declines in altcoins to end and the bull rally to begin, Haskey Capital’A new prediction came from.
At this point, crypto investment company HashKey Capital is on investors’ minds.“When will the altcoin season start?” He answered the question.
Accordingly, he claims that it will not be enough for Bitcoin to exceed its previous ATH of around $ 73,600 for the altcoin rally to begin. HasKey Capital argued that BTC should exceed $80,000 for the altcoin rally.
HasKey Capital analysts state that the altcoin rally is more likely to begin when Bitcoin reaches $80,000 and continues its rise.
The $80k estimate implies an 18%-19% increase from its current price of $67,400.
HasKey analysts also added that Bitcoin’s dominance would likely need to reach between 62% and 70% for the altcoin season to begin. Currently, Bitcoin’s dominance stands at around 59.1%.
Analysts recently pointed out that despite a long-running bear market in altcoins, some memecoins have risen recently, including one that surged around 160% last week. Goatseus Maximus (GOAT) He said it was.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/altcoin-rallisi-ne-zaman-baslayacak-analistler-cevapladi-bitcoinde-bu-fiyat-seviyesi-asilirsa-ralli-baslar/
