Bitcoin dominance falls further as altcoin dominance grows.
Analyst expects major gains ahead for altcoin.
Notcoin (NOT) could pump over 261% in the coming months.
The price of Bitcoin has sunk further since yesterday going from $96,000 to $94,000 dragging the crypto market sentiment just a little further down. In detail,the Crypto Fear & Greed Index dropped to a score of 72 marking an even lower ‘Greed’ market sentiment. This in turn, has led to the continued fall of BTC dominance.
Bitcoin Dominance Fall Further
While analysts remain certain that BTC price will steadily recover until it pumps further to hit new ATH from $110,000 to $200,000 in the coming new year, most analysts are also keeping a close eye on altcoins. Many believe that with the fall of BTC dominance, altcoin dominance will take over leading to new ATHs for altcoins in the coming year.
In particular, analysts are almost certain that the bullish phase of this cycle altseason will begin in January 2025 and a flourishing Q1 will be led by the pioneer altcoin asset, Ethereum (ETH). While a few altcoins have already pumped to set new ATHs in the last couple of months, other altcoins are simply showing strong signs for major pumps ahead.
Altcoin NOT Shows Significant Promise for Gains
https://twitter.com/JavonTM1/status/1872771087748219144
One such altcoin is Notcoin (NOT). As we can see from the post above, this reputed analyst expects an explosive rally for NOT price. Specifically, the analyst says that NOT price is currently holding broken out of a key and significant Falling Wedge-like structure and can be consolidating for major results in the form of a huge bullish reversal. He says that this reversal can consist of a pump over 261% taking NOT price to the $0.0236243 target.
The post Pump of Over 261% with $0.0236 NOT Price Target Emerges as Analyst Notices Bullish Falling-Wedge Pattern appeared first on Crypto News Land.
