Based on The Daily Hodl, a well-known crypto analyst, Altcoin Sherpa, predicts a significant rally for altcoins in the coming weeks and months. As Bitcoin remains below the $100,000 mark, Sherpa suggests that altcoins, which have been consolidating for years, are poised for a breakout. He highlights Oasis (ROSE) and Tron (TRX) as examples of altcoins that have undergone long periods of consolidation. Sherpa attributes his bullish outlook to factors such as Bitcoin's dominance and the macroeconomic environment. He advises traders to prepare mentally for potential profits in early 2024, particularly in January and February, while cautioning against premature selling.
Crypto Analyst Predicts Tremendous Altcoin Run in Early 2024
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