Altcoin Rally Started: Analyst Explained How Long the Rise Will Continue!

The current data presented revealed that there may be serious increases in altcoins in the coming weeks and months.

Founder of on-chain analysis platform Glassnode Yann Allemann Social media dated February 28 in the post, Henrik Zeberg He included altcoin bull analysis.

Henrik Zeberg TOTAL – ETH/BTC In this chart prepared by moving from parity, it was pointed out that we may be at the beginning of an altcoin bull.

cryptocurrency market Ethereum (ETH) And Bitcoin (BTC) In this table, which reflects the current market values, altcoins are currently positioned at 587 billion dollars and the target is 1.5 trillion dollars It was emphasized that.

2017 from and 2020 The chart crossing the peak in 2018 promised altcoin investors a market explosion, implying that the coming weeks and months would be good.

In the data recently presented by Bitfinex analysts, the decrease in Ethereum supply on exchanges since the beginning of the year and the increased interest of institutional whales in Ethereum were interpreted as a clear altcoin season signal.


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