Experienced Expert Exposes 4 Necessary Conditions for the Mega Altcoin Season

The post Experienced Expert Exposes 4 Essential Conditions for the Mega Altcoin Season appeared on BitcoinEthereumNews.com. Cryptocurrency expert Miles Deutscher made an impressive assessment about the altcoin season, which altcoin financiers are eagerly waiting for, in his latest statement. Institutional Bitcoin Investments: Bitcoin ETFs and the entry of giants like BlackRock are keeping capital in Bitcoin, leading to a weakening of the ‘capital flow from Bitcoin to altcoins’ pattern seen in previous cycles. Miles Deutscher mentioned the Altcoin Rally Rating (ARS) model he developed, which includes 4 key indicators that will trigger the altcoin season: Bitcoin Dominance: Bitcoin dominance should drop below 60% and show a 4-point decrease in the 21-day period.

Cryptocurrency expert Miles Deutscher made an amazing assessment about the altcoin season, which altcoin investors are eagerly anticipating, in his latest statement. Deutscher claimed he could predict the start of the altcoin season thanks to an artificial intelligence model he developed. He stated that after comparing his model with previous cycles, the results were ‘unexpected.’ Deutscher noted the significant altcoin surges of 1,000% to 10,000% seen in the 2017 and 2021 seasons, which have not yet occurred in the current cycle. He highlighted the underperformance of major altcoins against Bitcoin, except for some brief increases in April and November-December of last year. Deutscher pointed out key factors distinguishing this cycle from previous ones: Macroeconomic Conditions, Institutional Bitcoin Investments, Ethereum’s Weak Performance, and Low Individual Interest. He introduced the Altcoin Rally Score (ARS) model, consisting of four basic indicators to predict the altcoin season: Bitcoin Dominance, Ethereum’s Leadership, Altcoin Seasonal Index, and Trends and Individual Interest. Deutscher expects the new altcoin season, labeled as 3.0, to be shorter and more selective compared to past cycles, citing global liquidity constraints and an increased supply of new altcoins as the main reasons.

* This is not investment advice. Source: BitcoinSistemi

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