Altcoins

Is Altcoin Season on the Horizon? Analysts point to a potential early peak

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Cryptocurrency analysts are abuzz with anticipation of an impending altcoin boom, and some suggest the party could be starting earlier than expected.

What happened: Cryptographic Analyst Miles Deutscher suggest that although historical models point to a peak in October 2025, several factors could lead to an earlier peak for altcoins.

“In both previous cycles, altcoins peaked exactly 546 days after the halving,” Deutscher noted. “If this cycle follows the same pattern, it would suggest an altcoin peak in October 2025.”

However, he cautions against relying solely on historical data, adding: “For a variety of reasons, such as the acceleration of the cycle and macro factors, I think we will peak before this.”

Deutscher stressed that despite the limitations of analyzing just two data points, the broader implications are clear.

“We are probabilistically still early in the cycle from an altcoin perspective,” he explained. “Or at least sooner than many are spreading.”

In support of this perspective, crypto traders Jella observed similarities between current altcoin behavior and market dynamics in late 2020.

“Altcoins are behaving very similarly to what we saw towards the end of 2020,” Jelle said.

Read also: Solana, Ripple ETFs unlikely in near future, says Cboe VP

“A bunch of wicks in the key holder, and then suddenly; the price goes higher. Waiting for this time to happen the same way again, soon enough. Be patient. The best is yet to come.”

Technical analyst Yoddha provided a structural overview of the trajectory of the altcoin market.

“The weekly candle has gone from the idea that cryptocurrencies are a scam to that they represent the future,” Yoddha noted, outlining the typical phases of a bull market. “The design of the Altcoin bull market is simple: a long period of accumulation, breakout, a short period of consolidation and disbelief, and then the bull market. We are nearing the end of the consolidation. Bring the bull forward.

Echoing this optimism, crypto commentator Steph is crypto highlighted a significant technical indicator for Bitcoin BTC/USD, which often sets the trend for altcoins.

“This bull flag breakout is still active for Bitcoin on a weekly basis,” Steph noted. “Don’t let it shock you just now. #BTC and #Altcoin are about to explode soon.”

What’s next: As the crypto community closely monitors these developments, the upcoming Benzinga The future of digital assets The November 19 event will provide a timely platform to discuss the implications of these trends.

Read next: Bitcoin soars above $69,000 thanks to improved inflation data printing

Image: Shutterstock

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