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When will the big boom in the altcoin market be?
Renowned cryptocurrency analyst and trader Miles Deutscher shared an interesting observation based on historical market behavior. Their analysis aims to determine when we could witness a significant rally in the altcoin market within the current bull cycle. He emphasizes that the rally could take place at the end of 2025.
In that sense, he comments that historically alternative currencies have their best moment within a period of 546 days after the Bitcoin halving. In simple words, the big boom could happen by October of next year. This means that it is premature to expect a rally among altcoins such as Solana, Ethereum, ADA and TON, (to name a few) in the short term.
The latter is due to the fact that the halving occurred only last April. In any case, if this scenario comes to fruition, most traders have ample time to accumulate assets before the big push. However, it should be taken into account that predictions based on historical data do not usually have a high success rate.
Either way, history shows that increased interest in Bitcoin usually precedes an altcoin season. At that point, alternative cryptocurrencies tend to experience a disproportionate rise in prices.
Is the altcoin market preparing for a disproportionate rise?
With Bitcoin purchases increasing, speculators are likely to start turning their attention to the altcoin market. This interest could quickly translate into increased transaction volumes and prices for these assets. In this way, a new bullish season would begin.
Other analysts agree with this vision and are convinced that the bullish cycle will follow historical patterns.
