Altcoins Will Go Parabolic

[Silberman]

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.

It is simply too soon for something like this to happen, we know that bitcoin will recover and go past its all time high but this is not something that it is going to happen at the end of the year, at best we could see this at 2024 but if things are really bad with the economy we may see a delay on the bull market and it could take even longer than that, so people need to take this into account because if they do not then they will be very disappointed when bitcoin does not recover when they predict that it should.

[1714989373]

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[GelatikKembar]

altcoins will go to the moon, it's just that we have to be patient until the price of Bitcoin is back above $40k,
and can break from $60k because if Bitcoin is above $60k then you will see the price of altcoins can potentially go to 100x or even 1000x,
moreover usually memecoins will act more terrible in a pump.

[CuriousGeorge]

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.

It may happen next year. This year gonna be bearish for whole of coins in the market. Im not expecting the price to increase as soon as possible after seeing the long term chart of crypto. There are so many uncertainty happened with the stock market and crypto,
The crisis is still happening and it's not yet solved. this is the main reason why there will be no pump until everything gonna fine

[AmoreJaz]

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.

It may happen next year. This year gonna be bearish for whole of coins in the market. Im not expecting the price to increase as soon as possible after seeing the long term chart of crypto. There are so many uncertainty happened with the stock market and crypto,
The crisis is still happening and it's not yet solved. this is the main reason why there will be no pump until everything gonna fine

but we can't say this for sure. remember, we are in the crypto market where 24 hours can give an overwhelming turnaround. sometimes, one good news and we will see btc and alts pumping. though of course, you need to stay with the reality so as to plan better. but what i am saying here, is that we can't tell the direction of this market. we all are just waiting what's gonna happen next. i believe this reason makes this market attractive as no one can be the expert and dictate what's gonna happen next.

[Silberman]

but we can't say this for sure. remember, we are in the crypto market where 24 hours can give an overwhelming turnaround. sometimes, one good news and we will see btc and alts pumping. though of course, you need to stay with the reality so as to plan better. but what i am saying here, is that we can't tell the direction of this market. we all are just waiting what's gonna happen next. i believe this reason makes this market attractive as no one can be the expert and dictate what's gonna happen next.

While it is true anything can happen at the same time it is not as if the movements of bitcoin are completely nonsensical, there are reasons for its movements, and there is not too much of an indication that its price could begin to go up, and if bitcoin does not move then most altcoins are going to remain static as well or they may dump as people realize there is almost not a single chance the price will begin to go up at the moment.

[WalkerIVIV]

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.

Bitcoin is trying to rebound again after there was a spike happening in stock market. Altcoin will go parabolic once bitcoin will able to recover its price again. I meant you must realize the fact that if these days bitcoin has become a main key to determine the direction from the market since all of coins rely with bitcoin price movement. The impact from bitcoin is so big to determine whether altcoin will go parabolic or not.

[Pierre 2]

Altcoins always moves ahead after a point market psychology turns green. That's too far to come in my opinion. I am not sure if Ethereum going pos worked well. Bitcoin is performing badly in current condition of terrible global economy. Other things like, BNB depends totally on CZ etc. I feel like its better to look for tiny teeny new altcoins to buy now. Those will have huge jump when time is right.

[asriloni]

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.

No ETA for that thing to come, so many people were still talking about that. The global crisis has still become the main answer why the bullish trend is not yet coming even if crypto has been going winter for almost a year. it seems like this will be last for 2 or 3 years more.
The market is very hard to predict. I meant we must also see the fact that if these days crypto are also facing big crisis as well as stock market too.

[Anonylz]

Very interesting. Altcoins now are ready hot especially with the upcoming event on Ethereum which is The Merge, which is the highest market cap among the altcoins.
The 40% Bitcoin Dominance level is a really strong and a key level for the support, especially last year, it is already tested over the time.

Unfortunately the eth merge didn't perform as expected because of the bearish market. Btc is fighting to stay above 18k - 19k but it doesn't seem like a strong support. Alts are doing poorly since they depends on btc movement to react and right now it doesn't look like alts are ready for any parabolic movement as described by the @OP, at least not now. Maybe after 2024 btc halving we can start expecting to see some excitement.

[AzamNurWahid]

It's like predicting the price of an alt.  I think this is a positive thing, if the accuracy is correct True is very precise. Because the losses about trading can be easily minimized.. really good in my opinion

[monineklutak]

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.

No ETA for that thing to come, so many people were still talking about that. The global crisis has still become the main answer why the bullish trend is not yet coming even if crypto has been going winter for almost a year. it seems like this will be last for 2 or 3 years more.
The market is very hard to predict. I meant we must also see the fact that if these days crypto are also facing big crisis as well as stock market too.

These problems are very complex and interrelated so that it is difficult to predict,
The global economic crisis cannot be separated from the war between Russia and Ukraine which continues to this day,
things like that indirectly affect the crypto market

[shinratensei_]

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.

Sure about that but bitcoin will be so hard to go to the 65k again as it needs more than hype. All of market must be so well and we shall need to see S&P500 to reach another ATH again to make it happen. Bitcoin was going up caused by it was following the stock market while this time the performance from the stock market is really bad. that's why i don't even think this gonna be parabolic in a short time.

[d3nz]

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.

Definitely, the value of BTC will go up again. I think its really a part of the market cycle when it goes on an uptrend or downtrend, and of course, we just need to always check the BTC domination and the market cap so we can know when will be the Altcoin season will rise again since it really depends on it.

[Silberman]

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.

Sure about that but bitcoin will be so hard to go to the 65k again as it needs more than hype. All of market must be so well and we shall need to see S&P500 to reach another ATH again to make it happen. Bitcoin was going up caused by it was following the stock market while this time the performance from the stock market is really bad. that's why i don't even think this gonna be parabolic in a short time.

While it is true that lately we have seen bitcoin shown a level of correlation to the stock market I do not think that bitcoin really needs it to do well, it is just that we are in the wrong part of its cycle and it is going to take some time until we are finally ready for bitcoin to go up again, also the memories of the crash are still lingering in the minds of many investors and it takes time for those people to recover from the losses they suffered and be ready to invest in bitcoin once again.

[RussiaUkraineTranslation]

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

What are your thoughts?

We have been in a one year bear market so yeah, altcoins will go up 40% and more but nobody knows the exact time. That's why in the long run, staking on DeFi platforms like Alchemix or MAXX Finance or investing in POS coins like MATIC and FTM makes sense. You can earn profits of up to 88% APY (in the case of MAXX) while you wait for the next bull run.

[NewRanger]

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

What are your thoughts?

We have been in a one year bear market so yeah, altcoins will go up 40% and more but nobody knows the exact time. That's why in the long run, staking on DeFi platforms like Alchemix or MAXX Finance or investing in POS coins like MATIC and FTM makes sense. You can earn profits of up to 88% APY (in the case of MAXX) while you wait for the next bull run.

staking coins need to reanalize about ITS future,don't trapped on its APY only ,but also look another factor such utility that could drive price in future. Maybe we get additional coins by staking ,but it Will useless if price didnt growth. matic and ftm could be great coins in future as long as Ita ecosystem improved.

[romero121]

Altcoins market used to be on the parabolic curve when the bitcoin is on the bullish move. Till date the altcoin season used to take place once after the bullish trend change of Bitcoin. Once after the halving the bull market of altcoins show steady raise against the stable move of bitcoin within specific limits. Altcoins are good investment, keeping it for the long term buying at the bottom is good.

[Kadal Ijo]

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

What are your thoughts?

The influence of bitcoin that is still too strong is actually a natural thing, and indeed the market must have 1 main coins namely Bitcoin, this is what makes the price or market situation depends on the price of Bitcoin.

[shinratensei_]

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.

Sure about that but bitcoin will be so hard to go to the 65k again as it needs more than hype. All of market must be so well and we shall need to see S&P500 to reach another ATH again to make it happen. Bitcoin was going up caused by it was following the stock market while this time the performance from the stock market is really bad. that's why i don't even think this gonna be parabolic in a short time.

While it is true that lately we have seen bitcoin shown a level of correlation to the stock market I do not think that bitcoin really needs it to do well, it is just that we are in the wrong part of its cycle and it is going to take some time until we are finally ready for bitcoin to go up again, also the memories of the crash are still lingering in the minds of many investors and it takes time for those people to recover from the losses they suffered and be ready to invest in bitcoin once again.

I guess only those who never experienced in trading that is feeling worry about that. The true investors will always be seeing this as their opportunity to buy at the bottom. It seems like that market can recover anytime yet we must have passed next year as what people called that as the worst year that will come very soon. There are so many bad things gonna happen. Investors need to prepare their money in fiat money.

[Vaculin]

the key is just following the btc trend, alts are just gonna have its season if btc trend is changing dirrection into increasing its value by then alts will follow otherwise it wouldn't go increase its value. I think investing in alts is as easy as following the trend of btc, because if you sees btc is changing its trend into bullrun when the alts are still aren't moving its value, it could be the right entry and could make your assets increase its value immediately.

It’s always bitcoin that will lead the market, so whatever it’s price moves, altcoins will definitely follow. However, seeing the market is not yet showing progress, then it would not be a wise idea to focus on altcoins for investments. Bitcoin is still the best coin to invest this time. You can diversify later on if you want, but I would suggest go for reputable altcoins as investing in new projects will only end up a mess.