CandleFocus When Will the Altcoin Rally Begin? Analysts Answered: "If This Price Level Is Exceeded in Bitcoin, The Rally Will Begin!"
2024-10-25
Author: Content Editor
Crypto investment company HashKey Capital has provided a new forecast for the start of the altcoin rally. They claim that for the rally to begin, Bitcoin must surpass $80,000, an increase of around 18%-19% from its current price of $67,400. They also noted that Bitcoin's dominance would need to reach between 62% and 70% for the altcoin season to begin. Despite a long-standing bear market in altcoins, some memecoins like Goatseus Maximus (GOAT) have risen recently, experiencing a surge of around 160% in the past week.
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