Altcoins Will Go Parabolic

[MidNite36]

It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.

[1715543031]

1715543031

[South Park]

It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.

Some people were speculating that since the ethereum merge was yet to come at the time we may see a surge on the price of altcoins, however we're seeing the opposite, the price of ethereum is crashing and this in return is making the price of altcoins to go down as well, to me this was not unexpected as many people aren't happy with the transition of ethereum which has now become a PoS coin, and if to this we add we're still in the middle of a bear market then it's easy to see how the dreams people had of an upcoming altcoin season didn't get to materialize.

[kotajikikox]

It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.

I'm not sure if there is something to expect for altcoins surging , because look how bad it is? market is in red zone again and all currencies from bitcoin to lowest coin are bloody so how would someone can expect this parabolic when there are no even a sign for an increase.
sometimes we need to be realistic and truthful than what we are hearing from msot speculator .

[bitterguy28]

https://www.tradingview.com/chart/OTHERS.D/gmmEuOgL-Here-is-Why-Some-Altcoins-Will-Go-Parabolic/

What are your thoughts?

if you look at it, the current crypto market is determined by the price of bitcoin itself, so just focus on the price of bitcoin even though I see the graph it will see the altcoin market recovering, but we are back again on the price of bitcoin

Lets take a look at this because this is altcoins section so it is not that better to talk  about Bitcoin here mate and so least respect the section lol.

so with altcoin being Parabolic then you should understand that this will always be depending to how we believe and how we trust our coins either if this is bitcoin or altcoins.

just buy and forget everything for now.

[ahmia39]

It's probably going to be quite a wild ride in the weeks to come and the bears are going to have a tough time on this one.
Going to be a parabolic by the looks of it

[Iyeman]

Today is ETH merge and your point doesn't look like it's happening, all top altcoins are down, why would you think of such when September is one of the most bearish months of all.

supporting this for the common story ,  market shows bad movement every september so this is not common to expect a good increase this month or even in the next , what we need to see? is that November and December in which mostly the reason why expectations happens that time.

People are thinking too far about the bullish market while the trend was still showing if we are still in the bearish trend. I didn't even think altcoins will be going parabolic. it seems like that OP needs to lower its expectation.
The bullish trend will not come this year. it will be coming in the next year. i think this gonna be real for sure.

[Gayong88]

To be realistic, the chance of these altcoins and tokens going parabolic is more than likely not in the cards. It's very easy to become overly excited about the prospects of these "promising" altcoins and put in money before really researching your choices. That being said, it's also important to realize that Parabolic can often lead up to a massive selloff if the market price does not reflect the promised product.

Altcoins will likely follow the same pattern as bitcoin, at least in the short-term. The only difference is that altcoins have a smaller base of support and are already few in number. Reaching a peak value will be more volatile, but when that time arrives, those who invested before should do just fine. It might be wise to sell some tokens around their peak values and buy more afterwards; this would mitigate the risk of losing everything if you get it wrong. In any case, many altcoins will succeed in some way or another; to miss out on them entirely would be downright foolish.

[btc78]

It's a hopeless dream to be expecting altcoins to surge in this type of market condition that we are currently in, do not expect anything better till the next bitcoin halving by 2024, we are currently dip diving into a strong bear market now where all hope will be lost.

Indeed as even Ethereum the most popular and in demand altcoin that had the merging happened just this recent has nothing to prove now so how come that other altcoins will do better?
sorry but I think that altcoins in our days now is going nowhere but another bearish.
Bitcoin even this very moment drops again close to the lowest as it stands 18k the time of typing.

It's probably going to be quite a wild ride in the weeks to come and the bears are going to have a tough time on this one.
Going to be a parabolic by the looks of it

I'm not sure if you are believing this but I know that turning into  parabolic is not going this soon.

[FinneysTrueVision]

There is little evidence in this chart that such a thing will happen. Anybody can draw lines on a chart and make a bullish prediction. It doesn't mean that it will come true. Altcoins are a big reason why the market crashed so hard and people lost confidence in crypto. Even with all the hype surrounding the merge we are not seeing a positive impact on prices.

[GelatikKembar]

There is little evidence in this chart that such a thing will happen. Anybody can draw lines on a chart and make a bullish prediction. It doesn't mean that it will come true. Altcoins are a big reason why the market crashed so hard and people lost confidence in crypto. Even with all the hype surrounding the merge we are not seeing a positive impact on prices.

I don't think the merging hype alone is enough to affect the price,
we need to be patient to wait for the bulls and when it comes then it will have an impact on the price,
there is no other choice but to keep up with the progress

[South Park]

There is little evidence in this chart that such a thing will happen. Anybody can draw lines on a chart and make a bullish prediction. It doesn't mean that it will come true. Altcoins are a big reason why the market crashed so hard and people lost confidence in crypto. Even with all the hype surrounding the merge we are not seeing a positive impact on prices.

This is why even if technical analysis is helpful we need to also look beyond it, it is as if the people that make those predictions cannot see that the world economy is having huge issues with inflation and governments all around the world are raising interest rates, while the market of cryptocurrencies is in the middle of a bear market and people are scared after the crash we went through, so when we take all into account it was very unlikely that altcoins would go parabolic.

[Lantind]

https://www.tradingview.com/chart/OTHERS.D/gmmEuOgL-Here-is-Why-Some-Altcoins-Will-Go-Parabolic/

What are your thoughts?

Will it continue, or is it only temporary. But I believe it's only temporary, not as a sign of a bull market. Nonetheless, it provides an opportunity for short-term profit.

[rhomelmabini]

https://www.tradingview.com/chart/OTHERS.D/gmmEuOgL-Here-is-Why-Some-Altcoins-Will-Go-Parabolic/

What are your thoughts?

Not this year I guess. If something comes up again from the traditional market the crypto market is affected by that too, so it's not all about what is on the chart, the fundamentals are a factor too. My thoughts is that it will be next year or the next, for now happy to collect cheap altcoins in the market.

[Aliem Nur]

altcoins are currently at the bottom price, of course if you look at the chart altcoins can go parabolic if the altcoin season arrives,
but unfortunately we don't know for sure when it will come because we know the bear market is still not over.

[Lagduf]

altcoins are currently at the bottom price, of course if you look at the chart altcoins can go parabolic if the altcoin season arrives,
but unfortunately we don't know for sure when it will come because we know the bear market is still not over.

So many people said the same thing since middle of this year but the chart is still not even moving to go up. The bitcoin is still struggling with the situation that happened with global economic. It's very hard for bitcoin to increase as well as altcoins too.
The possible thing to see the price to increase next year but it seems like next year will become a disaster

[Silberman]

altcoins are currently at the bottom price, of course if you look at the chart altcoins can go parabolic if the altcoin season arrives,
but unfortunately we don't know for sure when it will come because we know the bear market is still not over.

So many people said the same thing since middle of this year but the chart is still not even moving to go up. The bitcoin is still struggling with the situation that happened with global economic. It's very hard for bitcoin to increase as well as altcoins too.
The possible thing to see the price to increase next year but it seems like next year will become a disaster

Those people are just deceiving themselves if they actually think that a bull run can happen during this year or even the next one, the conditions are nowhere near ideal for this to happen and if anything things are going to become even more difficult as Europe is unable to solve its problems and the war at Ukraine is getting worse, so if anything I think people should be avoiding altcoins at the moment and instead focus in assets which can more easily resist the upcoming crisis.

[kotajikikox]

altcoins are currently at the bottom price, of course if you look at the chart altcoins can go parabolic if the altcoin season arrives,
but unfortunately we don't know for sure when it will come because we know the bear market is still not over.

Look at the bitcoin movement and you can evaluate when will be the altcoin season , remember that majority of the time it is that Bitcoin growth will push investors to divert to altcoin as they believe it will go easily up than the top rank currency.

[bittick]

I believe that bitcoin will eventually bounce back and make massive comeback and recovery around this end of the year, even though the recovery doesn't necessarily needs to be that massive at least it isn't in this bad state which almost goes even lower, bitcoin already too long in this state, i'm sure there gonna be changing of trend in the future, moreover the world crisis could instead make many invests in cryptocurrencies and increase its value.

[RussianEnglishTranslation]

Bitcoin returning to 65k is inevitable, which means that alts will easily 10x when BTC 3x's. I'm buying promising alts that are down 90% or more, like ICP and FTM. Both of these will do very well and I should net some nice profits even if they simply return to their previous ATH.

[Wawa2013]

I believe that bitcoin will eventually bounce back and make massive comeback and recovery around this end of the year, even though the recovery doesn't necessarily needs to be that massive at least it isn't in this bad state which almost goes even lower, bitcoin already too long in this state, i'm sure there gonna be changing of trend in the future, moreover the world crisis could instead make many invests in cryptocurrencies and increase its value.

We have seen Bitcoin recover several times and I believe Bitcoin will recover soon, although now Bitcoin is still not showing a positive movement,
but I believe Bitcoin will bounce back. So don't worry about Bitcoin's performance this year which still looks down, we just need to accumulate Bitcoin
and hold Bitcoin patiently until the bull market comes. Moreover, Bitcoin has proven to be unaffected by inflation, so many people are in
a deteriorating economic situation as inflation continues to rise, will start considering investing in Bitcoin. If more people start investing in Bitcoin,
then Bitcoin recovery will be faster. If the price of Bitcoin manages to recover in the future, it will make the price of altcoins recover as well.
So investors who are still holding altcoins must be patient for now. But as long as we invest in potential altcoins, we don't need to worry,
because potential altcoins will always follow Bitcoin price movements.