Will They Ignite Mega Altcoin Season? — TradingView News
As Bitcoin (BTC) leads the ongoing consolidation phase in the crypto market, analysts are closely watching the next ten days as a pivotal time for both altcoin season and a potential new market rally.
Analysts from The Bull Theory, a crypto research firm, have emphasized the significance of this upcoming period, suggesting it could determine the fate of what they term “mega altseason” in the fourth quarter (Q4) of the year.
Could Global Economic Data Trigger A Surge In Crypto Prices?
The urgency of this new prediction for the broader crypto sector, comes in light of recent economic data from China, which revealed signs of weakening demand. Retail sales grew by only 3.4% year-on-year, falling short of the expected 3.9%.
Similarly,…
