Altcoin Season Could Be Near as Key Market Signals Emerge

A well-known crypto analyst, TechDev, believes the long-anticipated altcoin season may soon arrive, citing rare market signals that previously appeared in 2017 and 2021.

These signals suggest altcoins could significantly outperform Bitcoin in the months ahead.

This has been the candle that altcoins make the moves many wait 4 years for. pic.twitter.com/H0VA3RpYVz

— TechDev (@TechDev_52) January 4, 2025

TechDev highlights that altcoin booms followed Bitcoin’s six-month highs after surpassing its previous cycle peaks. Historically, this pattern has occurred about 1,280 days after Bitcoin’s cycle top, leading to a sharp decline in Bitcoin’s market dominance (BTC.D). Such drops indicate altcoins gaining value faster than Bitcoin, marking the start of altcoin season.

Another indicator for altcoin rallies, according to TechDev, is Bitcoin touching the upper range of its Bollinger Bands on the weekly chart. These bands, used to measure market volatility, have historically aligned with steep six-month altcoin runs, signaling periods of heightened activity and price surges.

READ MORE:

Cardano’s 2025 Strategy: Wallet Innovation and Bitcoin Collaboration

The analyst predicts substantial growth in the TOTAL2 chart, which tracks the combined market cap of all cryptocurrencies excluding Bitcoin and stablecoins. If these patterns hold, the coming months could see altcoins taking center stage, offering significant opportunities for investors.

When Bitcoin hits this expansion line, altcoins have gone on a steep 6-month run. pic.twitter.com/t2LRVJcGAa

— TechDev (@TechDev_52) January 4, 2025

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.