Skilled crypto expert Gert Van Langen is bullish on altcoins and forecasts the Altcoin season will quickly start. Van Langen stated altcoins effectively retested the 0.618 Fibonacci level today.
Other leading crypto experts validate the bullish belief for altcoins and anticipate that they will rally in the coming weeks.
Leading Crypto Analysts Predict Cumulative Market Cap Value of $2.3 Trillion
Altseason begins.
Strong effective retest of the 0.618 fib level today.
I see alts cumulatively reach a 2.3 trillion market cap at the 1.618 bearishness extension, while $BTC runs for ~ 4 trillion at $200k.
All within weeks from now. pic.twitter.com/5w8J8pxuFs
— Gert van Lagen (@GertvanLagen) March 20, 2024
According to Van Lagen's analysis, the altcoin season will start in a couple of weeks and reach a cumulative market cap worth of $2.3 trillion. He likewise thinks that if the altcoins rally at the 1.618 fib level, Bitcoin will increase to an approximate market cap worth of $4 trillion and a cost series of $200,000.
Another leading crypto expert and trader, el_crypto_prof, shares this bullish belief. According to the expert, some individuals think the booming market has actually ended when it has actually not even begun. He highlighted a Golden Cross on the month-to-month altcoin chart, which is a strong bullish signal.
In addition, he kept in mind that the Relative Strength Index (RSI) sign is not yet above 70. Altcoin rates will likely increase in the coming weeks.
#Altcoins
Some individuals are calling completion of the booming market although it hasn't truly began yet lol.
-Golden Cross of the Gooner EMA (regular monthly chart of Altcoins) lastly took place just recently ✅
-RSI is not even >> 70.
Oh boy, it goes a lot greater imo. pic.twitter.com/5YWjdAIvJy
— ⓗ (@el_crypto_prof)March 20, 2024
El_crypto_prof mentioned that lots of traders will make life-altering cash in the coming months; he stated this will be the most huge crypto bull run because 2017, and all dips are prospective purchasing chances.
#Altcoins
I can't state it typically enough:
In the coming months, numerous will make life chaning cash imo. Greatest wave given that 2017 is most likely coming.
I've basically nailed the bottom, now it's my task to determine the top.
All dips will be purchasing chances imo.
— ⓗ(@el_crypto_prof )March 21, 2024
Another leading expert and chartist, Ali Charts, utilized Solana as a case research study to support the altcoins season theory.
According to Ali, the sell signal on the Solana everyday chart has actually been reversed, which means a bullish outlook for SOL. He predicts a repeat of SOL's historic cost efficiency in December 2023 when it reversed the sell signal and rallied up to 70%.
What is Supporting the Altcoin Rally?
According to a post on X by EarnBIT,
