The post Crypto Market Predictions: When & Why Bitcoin and Altcoins Will Surge appeared first on Coinpedia Fintech News
Despite the doom and gloom of many crypto analysts, Rekt Fencer, a crypto expert, believes the market is on the verge of something huge. In his latest thread on X, he explains why patience and a long-term view could be key for investors.
Many see Bitcoin’s post-halving consolidation as a normal phase. With a 13% decline from highs and 15 weeks of consolidation, this period of low volatility is typical after significant price moves.
Rekt Fencer argues that this phase, though frustrating, is essential and mirrors past cycles in 2017 and 2021. Historically, the accumulation stage lasted 4-5 months before a parabolic move.
Rekt Fencer highlights several key indicators:
Rekt Fencer points to upcoming political events and regulatory changes as bullish drives:
For altcoin holders, Rekt Fencer advises against selling now. He notes that BTC dominance has been stable, but a decline could signal the start of altseason.
The launch of an ETH ETF, possibly as early as July, and the upcoming SOL ETF could further clarify altcoin trends.
Rekt Fencer remains bullish despite the current market sentiment. He suggests that staying patient and holding investments could be highly rewarding as the market moves through its natural cycle and prepares for significant growth opportunities.
Despite many proclaiming the end of the bull run, the combination of indicators, upcoming political events and potential regulatory changes make a compelling case for continued investment in Bitcoin and Altcoins.
Read Also: Q3 & Q4 Poised For A Massive Altcoin Rally Hints Top Crypto Analyst
The post Crypto Market Predictions: When & Why Bitcoin and Altcoins Will Surge appeared first on Coinpedia.org.