When Will The Rally Begin In Altcoins? Analyst Explains.
The cryptocurrency world has long debated when the rise in altcoins will begin. This especially came back to the agenda after the SEC’s sudden decline up to 50% in some altcoins, which came with the XRP case in the middle of the week, and the new ATH determination, with the upward momentum of Bitcoin in recent days.
The analyst thinks BTC will continue its rise until February. Drawing attention to the Chinese holiday between February 8-14, the analyst says that during this period, there will be a lack of volume and stagnation in the market due to the Chinese sales.The analyst predicts the date that he thinks there will be an increase in altcoins as March 2021. According to him, he thinks that the cheap investment search of the new investor in the sector will be effective in the altcoin rally, as the epidemic decreases, money inflows into the markets and BTC has risen too high: