When Will the Altcoin Rally Begin? Analyst Reveals Conditions and Expectations for the Rally! 📈
Pav Hundal, a market analyst, has asserted that a substantial rally for altcoins is contingent upon a major move by Bitcoin. According to Hundal, Bitcoin needs to surpass the $100,000 threshold to set the stage for other cryptocurrencies like altcoins to experience a rally.
Hundal emphasizes that Bitcoin's performance is crucial for the general movement of the cryptocurrency market. The $100,000 price mark is seen as a psychological barrier, acting as a catalyst for broader market enthusiasm and investment into altcoins. Without Bitcoin reaching this threshold, a full-fledged altcoin rally may remain elusive.
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