Unknown analyst reveals a potential timeline when altcoins could reach all-time records.
Jason Pizzino, a trader with 329,000 YouTube subscribers, explains that in a recent strategy session he is looking at the TOTAL3 graph, which shows the total market cap of all cryptocurrency assets, excluding Bitcoin.BTCEthereumETH() and stablecoins.
Pizzino claims that TOTAL3 experienced a 26 month accumulation phase during its last cycle. This period spanned from the end of 2018 until early 2021. Before a rapid parabolic rise, TOTAL3 saw a 26-month period of accumulation.
Pizzino believes that TOTAL3 could mirror the same pattern during this cycle, and it may only be a matter of months before a sharp upward surge is ignited.
This would bring us to around February. [of 2025]. As you’re looking at quarter four 2024 – quarter one 2025, I think that’s probably got some pretty good movement for a new, fresh high price…
This fear that the market would go down was forgotten in quarter four. I am going to put my neck on the line.”
The trader predicts that altcoins will reach the Fibonacci 50% level, which is around $400 billion. After this point, the market will ignite a rally and rise to new highs above $1 trillion in early 2019. next year.
TOTAL3 hovers around $597 billion at the time this article was written.
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