When Will the Altcoin Bull Run Start?
It’s hard to say exactly when it will start, but estimating by when it’s likely to begin is much easier. To explain this, let me talk about the OTHER/BTC pair’s weekly logarithmic chart.
This chart has shown a very clear cycle for years: altcoins usually reach their peaks against Bitcoin toward the end of January.
Similarly, before each rally, the price tends to dip down to the lower band of the channel and bounce back up from there.
The last touch occurred during June–July of this year, and the price reacted upward from that zone.
So, looking at historical cycles, it’s quite likely that the Altcoin bull run will start toward the end of the year or by January at the latest.
Moreover, this isn’t just what the technicals are showing, the fundamentals are also giving strong signals that support the same scenario.