Altseason Imminent As Crypto Flashes Bullish Signal Witnessed Every Four Years, According to Analyst
A closely followed analyst believes that crypto is gearing up to witness the highly anticipated altcoin season as the market gives off a reading seen only twice in eight years.
Pseudonymous analyst TechDev tells his 493,800 followers on the social media platform X that altcoins are poised to outperform Bitcoin (BTC) based on historical data.
The crypto strategist shares a chart to show that in 2017 and 2021, altseason happened when Bitcoin printed a new six-month candle after surpassing the cycle’s all-time high.
“This has been the candle that altcoins make the moves many wait four years for.”
Looking at the trader’s chart, he seems to suggest that it takes 1,280 days after Bitcoin prints a cycle top…
