When will the altcoin bull start?

Bitcoin is on a downward trend ahead of the US presidential elections. Although the leading cryptocurrency is approaching its all-time high, it entered a downward trend with Donald Trump losing power. Altcoins that did not accompany the rise in Bitcoin were included in the said downward trend. The declines in altcoins have driven investors to despair.

Analysts, who pointed out that historical cycles can repeat themselves, suggested that there may be further declines before a significant recovery in altcoins. According to analysts, the “grand finale” in altcoins will soon begin.

ITC Crypto founder Benjamin Cowen touched on altcoins in a post he made on X. Cowen, who said, “The grand finale of the altcoin showdown may have finally arrived,” stated that investors should be careful. Cowen stated that the process in question will end in December 2024 or the second week of January 2025 at the latest. The famous name of the crypto sector commented, “This has been a long journey and many investors have given up along the way, but this process was inevitable.”

Cowen, who predicts that sharp price movements in altcoins may soon begin, bases his predictions on 2019. On that date, the altcoin market had signed a major collapse. Altcoins, which gradually recovered in 2020, reached new peaks in 2021. Cowen thinks that a similar scenario will occur in 2025.

Crypto analyst Ardizor suggested that the altcoin bull seen in 2017 and 2021 could be repeated. The analyst emphasized that the altcoin bull cycle occurred three years apart and that a new cycle could begin in 2024.

Another crypto analyst Sensei excited his 60 thousand followers. Sensei made the following statements;

“The biggest altcoin season ever could begin in less than 10 days”

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