🚨 Altcoin Market Analysis & Bold Prediction 🚨
There is no doubt that $BTC is a major player in the crypto market. We've all seen how any small gain or loss in BTC can directly impact the altcoins. Even a slight movement in BTC’s price significantly affects the altcoin market. 🌀
As of today, September 26, 2024, BTC is sitting at $63,000, while many altcoins are down 25% to 60%, with some even 2x down from their recent highs. 📉 Historically speaking, a 60% drop in altcoins is pretty normal. I know it's not easy or acceptable to see your investments drop 25% to 60%, but we must not forget that we are in crypto—a highly volatile market. 💥
Let me give you some relieving analysis or you can say my prediction about altcoins. We need to closely watch BTC at this time. Once BTC reaches $73,000, we will easily recover our losses and reach the break-even point. However, for a real bull run, BTC needs to claim $75,000 and stay there. At that point, we can expect the majority of altcoins to 2x to 3x from their current levels. 🚀
This is not financial advice—do your own research! But stay calm, we could be on the verge of something great. 🌕
What altcoins are you closely watching? Drop your picks in the comments!
