Altcoin Market Cap Prediction: History Repeats? The crypto market often follows cyclical patterns. In 2021, after Bitcoin (BTC) dropped 20% in just 7 days, the altcoin market saw a dramatic recovery, skyrocketing to $1.3T. This chart suggests a similar setup for 2025, with a 20% BTC drop potentially acting as a springboard for altcoin growth. If history repeats, the market could climb to new highs, surpassing $2T. While past performance doesn’t guarantee future results, such trends hint at lucrative opportunities. Stay cautious but optimistic big moves may be ahead for the altcoin space!
This chart perfectly illustrates how far Solana is from the ATH of this bull cycle.
Speaking locally: the price is now stuck inside the horizontal channel and consolidating above the strongest support of ₿0.00185. Breakout of the ₿0.003 level will send it to new highs.
Speaking globally: previous ATH was set at ₿0.0046 level, currently Solana located x2 lower than this level. After breaking this milestone, it can easily go up to ₿0.01 and higher.
I am targeting Solana to reach $800 - $1000 during this Bull Cycle and now is literally THE BEST time to buy it.
The current 2024 chart of ETH/BTC is quite similar to the one from 2020.
The price is retesting lows where it's been consolidating below making a massive run upwards, back in 2020 it was ₿0.0175 level, in 2024 we're bottomed at ₿0.034 (exactly x2 from previous cycle).
We expect the price to print a double bottom there or just rush upwards from one touch, but imo there is almost no place for further dump on Ethereum.
The current market is mainly due to Christmas, with Americans cashing out for gifts and holidays. In previous years, the crypto market stayed flat during the holidays because it was more global. Asian trading sessions mattered then but are now negligible.
The market is active only during the US trading session. Before, EU and Asia balanced out what US bears sold, but now there are too many Americans selling for buyers to keep up. That's why we witness a local dump — healthy correction.
🧐 WHAT TO KEEP IN MIND? In just Q1 of 2025 there will be a number of fundamentally bullish events:
1) Trump intends to replace SEC chair Gary Gensler with Paul Atkins, who is reportedly a strong advocate for crypto. 2) Stephen Miran, a known Bitcoin supporter, is nominated to head the Council of Economic Advisers. 3) Plans for a Strategic Bitcoin Reserve are on the table. 4) Elon Musk steps in to lead the Department of Government Efficiency (DOGE). 5) Trump announces a proposal for the largest tax cuts in U.S. history.
We are at almost the most bullish point (in fundamental terms) in the entire history of the crypto market. Be glad you're here and get ready to make a ton of $.