The article discusses the possibility of an altcoin season in the crypto market and provides different ways of defining and tracking it. However, based on current market data, it suggests that an altcoin season is still far away as altcoins have not outperformed bitcoin consistently for 90 days. The article also mentions the upcoming expiration of $5.8 billion worth of bitcoin options, which could increase market volatility. Additionally, it briefly mentions market sentiments and predictions for the future, with some suggesting a potential bull market and price targets for Bitcoin in the range of $75,000 to $100,000. The author also includes some speculative predictions for 2025.
- Content Editor ( blockworks.co )
- 2024-09-26
It’s been 1,051 days since the last altcoin season