A closely followed crypto analyst is anticipating six key events that could trigger the next big rise in altcoins.
In a new YouTube update, the InvestAnswers host shares six potential catalysts that could cause altcoins to explode in 2025.
“These are the six most important points that, in my opinion, are crucial for triggering the so-called old season. First of all, it usually comes down to Bitcoin having a big, big run-up, and then people take profits and turn into altcoins. I want to reiterate: this has happened in the past, I’m not sure if it will happen this year.
Remember that Bitcoin is a much larger asset that requires much more money to transfer, and you can see the purchase amount from iBit and MicroStrategy – almost a million Bitcoin in 11 months. It’s crazy… It’s pretty crazy how much growth these companies are absorbing.
So this time it’s a different cycle, I want to emphasize that. But in the past, when Bitcoin rose to $150,000, there were typically people who took profits and then invested in the altcoins.”
Beyond Bitcoin (BTC) moves, the analyst says new technologies and products…
