Analyst Kevin Svenson warns that the most profitable period for altcoins has not yet begun. Based on historical data, he predicts that the TOTAL3 chart will soon experience a significant upward movement. According to Svenson, a strong bullish phase in the altcoin market will commence approximately 40 weeks after the Bitcoin $95,711 block reward halving in 2024.
Big Opportunities Await for Altcoins
For those unfamiliar, the TOTAL3 chart tracks the market capitalization of all cryptocurrencies excluding Bitcoin, Ethereum $3,360, and stablecoins. Svenson noted, “In the last cycle, TOTAL3 soared by 170% after breaking its all-time high. Although we may not see the same rate …
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