Popular crypto analyst Nicholas Merten says that the time for altcoins to start outpacing Bitcoin (BTC) has arrived. In a new strategy session, Merten shares with his 508,000 DataDash subscribers an OTHERS chart, which depicts the total crypto market cap excluding the top ten coins to gauge altcoin market strength. According to Merten, the chart The post Altcoin Season Has Officially Kicked Off, According to Crypto Analyst Nicholas Merten – Here’s Why appeared first on The Daily Hodl .
The Daily Hodl
You can visit the page to read the article.
Source: The Daily Hodl
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Market Makers May Be Influencing Bitcoin’s Price Decline Amid Liquidation Event and Year-End Rebalancing
The recent downturn in Bitcoin’s price highlights the volatility and complexity of the cryptocurrency market, as market makers engage in strategic positioning. This sharp sell-off is not entirely unexpected, as The Daily Hodl
Bitcoin Dips to $93,000 With $400 Million in Longs Rekt. Where to From Here?
Market makers may be intentionally driving prices down to trigger a liquidation of leveraged longs, Decrypt was told. The Daily Hodl