- Bitcoin continues in its sideways recovery movement as dominance falls.
- Altcoins completes a bullish golden cross pattern signaling altseason arrival.
- Ethereum could lead the long-awaited bullish altseason in January 2025.
The crypto super cycle seems to be in an underwhelming state at the moment. With Bitcoin (BTC) struggling to maintain dominance, analysts are looking slowly at altcoins. In particular, it looks like the altcoin price chart just completed a bullish golden cross. Since many analysts identified as early start to altseason this year, expectations for bullish pumps remains strong.
Altcoins Complete Bullish Golden Cross
As we can see from the post above, a popular and reputed crypto analyst identifies January 2025 to be the time when all skepticism around altcoins will end. He says January 2025, the start of the new year, will ignite the true bullish phase of the long-awaited altseason.
This golden cross formation is highly bullish for altcoins and invites an abundance of ATHs for a number of popular altcoins. An analyst noticed a bullish sign for the pioneer altcoins asset Ethereum (ETH) earlier today.
ETH Could Lead Altseason in January 2025
Based on historical data, Ethereum (ETH) price has always pumped in the first four months of the New Year following the US Election Year and Bitcoin Halving year. If this pattern were to continue, ETH price will likely skyrocket and new ATHs will be set up in the coming months when 2025 will begin.
All in all, it seems the expectation for ETH price to shine is on the horizon and if ETH price pumps most altcoins will pump as well. So far, some altcoins have already set new ATHs, once ETH sets a new ATH, more ATHs will arrive for bullish altcoins as well.
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