Analyst Says It’s Time To Rethink Altcoins And Alt Season Expectations – Here’s Why

As the market bleeds red and most altcoins lose crucial levels, some have suggested that investors must reshape their expectations of the crypto market this cycle and the long-awaited “alt season. ” Related Reading: BitMine’s Unrealized Losses Hit $3. 7B As Ethereum (ETH) Price Struggles Below $3,000 Old Crypto Cycle Is Gone – Analyst Over the past month, the crypto market has wiped out over $1 trillion in market capitalization due to a series of large-scale liquidations and strong selling pressure since the October 10 pullback, which has sunk investors’ sentiment to its lowest levels in months. Amid this performance, the early Q4 rally buzz has faded, and most altcoins have lost the ground gained during the Q3 market breakout source: https://www.newsbtc.com/news/analyst-says-its-time-to-rethink-altcoins-and-alt-season-expectations-heres-why/