Analyst highlights next 30x opportunity as liquidity flows into altcoins
Analysts weighed in as Bitcoin (BTC) shows strong momentum, expecting liquidity will soon “start to flow into altcoins.” While some highlighted Bitcoin’s growth limitations, others have identified 30x-return opportunities with solid altcoins, warning against settling for 30% gains. Finbold has reported many analysts and trading experts anticipating an “altcoin season,” or “altseason,” with indicators validating this idea. These traders have been building positions on solid cryptocurrencies while using the Bitcoin Dominance Index (BTC.D) as a benchmark. Recently, another analyst shared a similar insight on Bitcoin’s movement and expected liquidity flow into altcoins. On November 8, Andrei Sobolev shared an insight looking at TradingView ’s Crypto Total Market Cap Excluding BTC Index (TOTAL2). Picks for you Why Dogecoin’s next minimum target...