CandleFocus Glassnode Co-Founders Say Crypto on the Verge of Altcoin Season – Here’s Their Timeline
2024-09-25
Author: Content Editor
The founders of analytics firm Glassnode, Jan Happel and Yann Allemann, believe that altcoins will soon start to outperform Bitcoin. They suggest that this may occur once Bitcoin breaks its all-time high of around $74,000. The analysts predict that the upcoming altseason could result in a broader crypto market surge, with all types of digital assets rallying simultaneously. They also mention that the Bitcoin-altcoin cycle indicator currently indicates that traders may be favoring altcoins over Bitcoin, which could signal the beginning of an altcoin season. At the time of writing, Bitcoin is trading at $64,246.
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