Reputed crypto trader and analyst Miles Deutscher shares altcoin price expectations.
He says that the altcoin peak for this cycle will take place in October 2025.
He comes to this conclusion using data from historical price charts.
Popular face in the crypto community and reputed crypto price analyst and trader, Miles Deutscher, shares an interesting chart observation. Based on historic price activity, Deutscher determines when altcoins will rally during this ongoing bull cycle.
As the crypto market tries to recover from the brutal corrections and dips and moves in sideways movement, many crypto analysts notice that altcoins are printing possible bullish signals on their price chart.
In detail, altcoins like JASMY, TON, NOT, VET, FLOKI, and many other popular cryptos have all been printing bullish signals on their price charts. However, despite strong support almost all struggle to break through their respective resistance levels.
This could simply be proof that it is simply not the time for altcoin to moon. Perhaps this is because the altseason phase has yet to make its debut. Still, all altcoins continue to show bullish signs, some assets like FLOKI have already pumped to set a new ATH and have even 10x. Bullish sentiment still prevails giving high price expectations for most altcoins.
In both prior cycles, altcoins have peaked exactly 546 days post-halving. If this cycle follows the same pattern, this would suggest an altcoin peak in October 2025. pic.twitter.com/ZzQORgshUP
— Miles Deutscher (@milesdeutscher) June 12, 2024
According to Deutscher’s observations, he says that historically, altcoins have peaked exactly 546 days after the Bitcoin Halving event. With the Bitcoin Halving event having successfully taken place in April 2024, we are still very early for the expected altseason spike based on this data.
Thus, Deutscher says if we are following the same pattern, then it looks like altcoin peak season will arrive in October 2025. If this is true then most traders have plenty of time to pump their bags and accumulate before the mighty altseason spike.
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The post Altcoin Peak Will Arrive in October 2025 According to Reputed Crypto Trader and Analyst appeared first on Crypto News Land.
