Altcoins Shine as Bitcoin Dominance Fades
December 29, 2024
1-Minute Read
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As Bitcoin's momentum slows, the crypto market sentiment has shifted toward "greed." However, seasoned analysts view this as an opportunity to accumulate altcoins.
Altcoins ETH and DOGE Gain Attention
Experts predict that Bitcoin's price will recover and reach new highs in the upcoming year. In the meantime, they are focusing on altcoins. Historically, altcoins have experienced parabolic price increases following Bitcoin halving years.
$20 DOGE Price Target Emerges
Analysts are closely monitoring ETH and DOGE. ETH is anticipated to lead the next phase of the altseason, while DOGE is projected to make significant gains.
Dogecoin's historical bull cycle patterns show a pattern of accumulation, a parabolic rise, and a cycle top price. Analysts believe this pattern is repeating again.
One analyst suggests that DOGE could reach $20 this bull cycle if the current trajectory continues.
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