The Altcoin market has experienced months of sideways price action, but is nearing the end of this pattern formation. There is a good chance of a bullish breakout and rally over the next few weeks so I’m buying some more Altcoins here and patiently waiting. This cycle has been different compared to the previous cycles primarily because of the ETF approvals with a lot more sideways price movement. However, I think in the macro perspective Altcoins could experience a lot more upside over the next 12 months. I’m hoping for a red month for Bitcoin in September and some upside in October. I think there’s a chance that Altcoins could have a green month even if Bitcoin has a red month.
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