Top Crypto Trader Predicts Epic Altcoin Rally in Coming Months
The crypto market is booming, Bitcoin and altcoins are experiencing a significant rally. However, popular crypto trader Captain Fibic added to the bullishness by pointing out that a major altcoin rally is coming, with patterns similar to those seen in Q1 2024.
Altcoin huge rally soon
According to crypto trader Captain Fibic, the crypto market is on a big altcoin rally similar to the one in 2024. In his tweet, he advised investors to continue accumulating altcoins and be patient, as this could be the trend. Pay soon.
However, Fibic's analysis suggests that many altcoins have already hit their lows and are poised for an exit. He is optimistic about the next two months, predicting that August and September in particular will be “exciting” for altcoin growth.
Meanwhile, this prediction comes at a critical time, as the crypto market seems to be recovering and growing due to the upcoming US presidential election, where the potential presidential candidate Donald comes down and crypto seems to be clearly in favor.
Many believe that under Trump's tenure, altcoins and Bitcoin are likely to prosper and experience significant growth.
Altcoin is expected to outperform Bitcoin
Echoing a similar bullish stance, Capo of Crypto said the best is yet to come for Bitcoin and altcoins. He notes that Bitcoin has found support in the $61K region, indicating strong bullishness.
In addition, altcoins seem to have found their local bottoms and see the stage set for significant upward rallies. Additionally, he mentioned the launch of Spot Ethereum ETFs, bringing new capital inflows to altcoins.
Crypto analysts believe that these ETFs could lead to a massive rally for Ethereum and other altcoins, which could lead to an altcoin phase that will outpace Bitcoin.
