ilmscore | Prediction Details
"And Annie. Now that ETH has broken against BTC, could this mean ETH and altcoins will struggle possibly until late this year? I think it is possible. I think that um well, there is right now uncertainty. altcoins is driven about on the macro perspective and you can look at the technical side in terms of like chart levels and whatnot but right now what's holding back altcoins is you know regulatory clarity you know like we said I think that um we need to see what's going to happen with regards to um policy post November right because altcoins especially in DeFi sector all these things the crypto industry in general is impacted by that in the short term until November yes I think it's bitcoin dominance is going to continue climbing um but uh you know the altcoin season will reverse that um if we do get clearer guidance um with the more positive crypto regulations towards the end of the year."
By Coin Bureau | September 16, 2024 | Pending
From video
Crypto News: BTC Vs. Gold, FED Pivot, DeFi Surge, Price Predictions & More! 00:56:00 - 00:56:54
Interpreted Prediction
ETH and altcoins may struggle until the end of the year due to regulatory uncertainty and the upcoming November US policy decisions. Bitcoin dominance is expected to increase in the short term, with altcoin season potentially reversing if clearer crypto regulations emerge.

Prediction Details

Topic
Altcoins

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