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Altcoin Ou...
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Coindoo

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Altcoin Outlook: Why the Cycle Isn’t Over Yet

  • Analysts believe it's premature to declare the end of the altcoin cycle, citing similarities to previous bull market behavior where altcoins rally towards the final stages.
  • Historically, as Bitcoin cycles progress, altcoins tend to surge when long-term holders reduce their holdings and new capital enters the market.
  • The current market display shows Bitcoin experiencing choppy gains, with altcoins lagging behind due to investor hesitation amidst volatility and Bitcoin's dominance.
  • Despite the cautious market sentiment, there is anticipation that as the cycle advances, altcoins may see a resurgence with increased retail interest and reduced Bitcoin dominance.

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