When Will These Cryptos PUMP?! Altcoin Season Update!

Published: 2024-06-05
Status: Analyzed

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Bitcoin reaching the $100,000 level is expected to drive significant retail interest and mainstream news coverage, potentially signaling the start of an altcoin season.
"Bitcoin breaking through new all-time highs and key psychological levels is what drives retail interest in the space the higher Bitcoin goes the more mainstream news coverage it gets and the more eyeballs it draws in this case much of the consensus seems to be that it could come around the 100K level"
BTC
Pending
Altcoin season could start in late Q3 or early Q4 2024, driven by a potential Fed pivot in September leading to lower interest rates and increased retail investment in crypto.
"current interest rate Futures are expecting a pivot by September the earliest... if interest rates start trending lower after September then people will likely be more inclined to be more liberal with their discretionary disposable income if broader retail does start to invest in crypto again in late Q3 or early Q4 then you are going to start seeing a number of signs that the flows are coming back in"
Altcoin Season
Pending