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Author Topic: Bull in Altcoins Sector  (Read 202 times)
Justin999 (OP)
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April 19, 2024, 10:56:52 PM
 #1

Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.

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April 19, 2024, 11:28:47 PM
 #2

Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
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April 19, 2024, 11:47:31 PM
 #3

But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.

The success of an altcoin doesn't just depends on the bull market bro, perhaps it's not all altcoins that usually pumps during bull run. If an altcoin must be successful the CEO of the project have to promote their coins too before it can use the advantage of Bitcoin bull Run to pump. Don't expect every altcoin to pump this season because it will not happen.

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April 19, 2024, 11:57:32 PM
 #4

That's true because altcoins session isn't come yet. Still need time to start and that's the better time for but altcoins with good price cause altcoins are still cheap. They still didn't touch their ath like Bitcoin did. But when altcoins session will start, then most of good altcoins will be huge and many of them will nake new ath record again. But do your own analysis before buying altcoins and avoid shitcoin cause all altcoins are going to pump. Some altcoins are looking opportunity to scam people

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April 20, 2024, 01:59:12 AM
 #5

But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.

Or maybe they are never going to have another increase in price ever again. Not all altcoins who are under the radar are some kind of underdog that will come up on top to show everyone that they had it in them all along, no.

Some projects really have no ability to function and get value and they end up dead and they never recover even with bull run is at the go.

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April 20, 2024, 03:30:26 AM
 #6

As the price of Bitcoin increased at the beginning of the year, many altcoins followed Bitcoin, but not all altcoins increased in value. While Bitcoin reached record highs this year, the top altcoins were far from breaking their previous records. With thousands of altcoins on the market, it's hard to predict which coins will rise in value, but I expect the top altcoins to rise in value in the upcoming bull season. Many people still think it is suitable to buy altcoins but right now investment in altcoins should be done with proper analysis.

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April 20, 2024, 04:18:31 AM
 #7

Many of us know that with the increase in the value of bitcoin the value of altcoins increases. The wave of altcoins has gained popularity amid recent fluctuations in the crypto market with bitcoin halving during the bull season. Many altcoins are showing good value these movements have provided investors and crypto enthusiasts with a unique investment opportunity.

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April 20, 2024, 05:53:34 AM
 #8

Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
The bullish trend has not yet begun. Please wait until altcoins are able to enter ETF. Ethereum will most likely become the pioness to make this happen in the future. As long as altcoins can eat into bitcoin's dominance, we may see a big bullrun similar to what happened in 2021, when many altcoins pumped hard.
Altcoins will have their time in the future. Only a few altcoins are currently pumping, with the rest stuck in the same place. It indicates that the bullish period for altcoins has not yet begun. I'm still hoping that altcoins' marketcaps will catch up with bitcoin's marketcap very soon.
There have been numerous developments regarding altcoins to come soon and this may be helping altcoins to retrace its dominances. .


Look at this chart



BTC's dominance in the market is always increasing gradually which is bad for altcoin. The bull is gonna happen as long as altcoins will be eating back's bitcoin dominance. Kindly wait till that day will come.

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April 20, 2024, 06:53:20 AM
 #9

Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
Yeah it was so obvious that after the approval of Bitcoins ETF altcoins will undergo a pump. I think thats now the perfect time to invest into the altcoins.In this kind of situations we don't have to go and explore the history because it's so obvious and predictable.

Halving is near and in a bit it'll come around, now the point here is that the history shows halving came with profits alongs it. So we should try to find a good coin to invest and get good profits from these two events halving and ETFs approval.

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April 20, 2024, 06:59:09 AM
 #10

Bitcoin Halving event is over now and the market looks positive after the event as it is in green. All major altcoins are recovering as Bitcoin is in green but it is temporary. As soon as Bitcoin goes again through a correction these altcoins will follow it. This quite common and some of these altcoins that were pumping earlier this year will come down to a price which most of us will be able to buy.

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April 20, 2024, 07:27:13 AM
 #11

Bitcoin prices is dis dependent on the rate of demands and supplies. As it's speculated, so as much investors the public picks interests to Invest on and so also investors are wailing to accumulate more.
Certain AltCoin price increases when bitcoin price increases too because they shares same trade pairs of a block chain.
Such AltCoins as Eth Sol, BnB, Ada, Doge and many others. They're of this same contexts with bitcoin because they're good coins.

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April 20, 2024, 10:44:31 AM
 #12

Every coin does not pump in a similar pattern with Bitcoin because they have different demands as well as different use cases. I don't see any massive pump in altcoins price as Bitcoin is reduced in its worth but there happened a reduction due to which the market turned red.

Top altcoins are following Bitcoin pattern so you can see that Ethereum is still lower in price and is the top one among altcoins. Not only top altcoins but other potential coins will also move in a positive direction after Bitcoin reaches its ATH but stay calm as market recovery is taking time.

After Bitcoin halving there will happen a season of altcoins which will bring all altcoins to the top of their prices and that will be the actual timing of altcoins selling for getting payback in huge amounts.



 

 

 

 

 

 


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April 20, 2024, 11:07:23 AM
Last edit: April 20, 2024, 11:21:51 AM by Sayeds56
 #13

Every coin does not pump in a similar pattern with Bitcoin because they have different demands as well as different use cases. I don't see any massive pump in altcoins price as Bitcoin is reduced in its worth but there happened a reduction due to which the market turned red.

Top altcoins are following Bitcoin pattern so you can see that Ethereum is still lower in price and is the top one among altcoins. Not only top altcoins but other potential coins will also move in a positive direction after Bitcoin reaches its ATH but stay calm as market recovery is taking time.

After Bitcoin halving there will happen a season of altcoins which will bring all altcoins to the top of their prices and that will be the actual timing of altcoins selling for getting payback in huge amounts.

Absolutely, the price of altcoin may pump during its launching but it will not sustain in the long run if not supported by strong fundamentals and real life use case. Bitcoin halving event is done now and crypto community is eagerly looking forward to see when new all time high (ATH) will be made. While major projects in altcoins space will definitely perform well in the next anticipated bull cycle but as you said, not every alt coin will follow the same trajectory.









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April 20, 2024, 11:14:39 AM
 #14

Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.

It’s not guaranteed that an altcoin will follow bitcoin’s success even if bitcoin is doing extremely well. It just increases the chance of more investors investing in altcoins since there is a general positive outlook in cryptocurrencies due to bitcoin’s uptrend.

But it does not necessarily mean that altcoins are going to be more expensive it still depends on their individual projects what they can actually offer to investors and if these interested investors would hold their coins for a long time

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April 20, 2024, 12:07:44 PM
 #15

-cut-
BTC's dominance in the market is always increasing gradually which is bad for altcoin. The bull is gonna happen as long as altcoins will be eating back's bitcoin dominance. Kindly wait till that day will come.
People are waiting for that halving cycle behaving same way as did last times, and fist that hits bitcoin. So people move their money to that first, like they did with every halving. At some point if btc moves up slowly enough, people will move to top altcoins as they are also moving, but in faster pace, and after that they go for midcaps and lowcaps. Just like with every cycle before this.

And obviously you are right on the fact that not every altcoin would pump. Altcoin season just means that there's move money flowing to alts in general. So that could just mean there's way too many alts and markets are saturated, so there's only so much money left to pump few of them. And people usually pick top coins for that.

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April 20, 2024, 04:03:23 PM
 #16

The bitcoin ETF and the congestion and high transaction fee of bitcoin made the altcoins to be more attractive and more expensive. The top two altcoins are now making serious wave in the ecosystem and they will also create avenue for others to come in. Altcoins normally follow the movement of bitcoin to rise but as altcoins hit all time high before last month, which was the month of February, and when bitcoin continues it All Time High from last month altcoins became declined and has not gotten their strength till now.

Altcoins Bull Run will still occur again in this year because the way the market is for altcoins, it is not encouraging me.









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April 20, 2024, 04:53:55 PM
 #17


People are waiting for that halving cycle behaving same way as did last times, and fist that hits bitcoin. So people move their money to that first, like they did with every halving. At some point if btc moves up slowly enough, people will move to top altcoins as they are also moving, but in faster pace, and after that they go for midcaps and lowcaps. Just like with every cycle before this.

And obviously you are right on the fact that not every altcoin would pump. Altcoin season just means that there's move money flowing to alts in general. So that could just mean there's way too many alts and markets are saturated, so there's only so much money left to pump few of them. And people usually pick top coins for that.

You are absolutely right in the historical context of Bitcoin and altcois price patterns following halving event, however several prominent analysts suggest that due to deepening involvement of Financial institutions such as BlackRock, Fiedlity and many mores , it seems that paradigm shift has occurred in crypto space. This shift is evident from Bitcoin reaching all time high (ATH) before the halving event. A phenomenon unprecedented in its history. The influence of institution will lead to more maturity of market and departure from previous patterns. Therefore, it is reasonable to anticipate emergence of new trends and pattern in upcoming weeks and months.









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April 20, 2024, 05:01:43 PM
 #18

I guess if you share some names of those altcoins that you think are performing and becoming more expensive as you mentioned, because as far as I know, the altcoin market have not really shown any bullish tendency that can make us to anticipate a new wave of high price of tokens that can make them as expensive as bitcoin in this season even though bitcoin have made a big correction and currently trading at a really discounted price at the moment.

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April 20, 2024, 11:58:52 PM
 #19

I also think similarly as you explained about altcoins market. As till now altcoins season isn't started, that's why altcoins are still underrated and this is time to buy altcoins with discount price. Cause as you already mention that when bull come in altcoins market, they will grow more and more because many new investor will enter in crypto market and due to bullish condition, they'll invest in crypto Market that makes altcoins more expensive

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April 21, 2024, 01:53:55 AM
 #20

Bitcoin ETFs approval makes itself expensive along with rest altcoins. As altcoins follows Bitcoin movement, that's why a massive growth have been seen in altcoins industry. Top altcoins are become so expensive. But others altcoins are Still underrated. Maybe they are waiting for pure bull run in altcoins sector. After that, they might be touch new record again. And top altcoins will be more and more expensive then now.
You're spot on! The approval of Bitcoin ETFs has indeed boosted both Bitcoin and altcoins. While top altcoins have become pricier, many others are still undervalued. A full-blown bull run in the altcoin sector could be what's needed to see these undervalued coins reach new heights. It's an exciting time for crypto!
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