Cryptocurrency analyst Miles Deutscher made a remarkable assessment about the altcoin season, which altcoin investors are eagerly awaiting, in his latest
CryptoExperienced Analyst Reveals 4 Essential Conditions for the Mega Altcoin Season24 seconds agoBitcoin Ethereum News
Cryptocurrency analyst Miles Deutscher made a remarkable assessment about the altcoin season, which altcoin investors are eagerly awaiting, in his latest statement.
Deutscher, who claimed that he could predict when the altcoin season would start thanks to the artificial intelligence model he developed, stated that he tested this model by comparing it with previous cycles and that the results were “surprising.”
Deutscher recalled that the altcoin seasons in 2017 and 2021 offered increases of 1,000% to 10,000%, and said that such major movements have not yet been seen in the current cycle. He noted that apart from the partial increases experienced in April and November-December of last year, major altcoins generally performed poorly against Bitcoin.
According to the analyst, there are several key reasons why this cycle is different from previous periods:
Miles Deutscher stated that the model called Altcoin Rally Score (ARS), which he developed by taking this data into account, consists of four basic indicators that will trigger the altcoin season:
Deutscher predicts that the new altcoin season, which he defines as 3.0, will be shorter and more selective (sector-based) than previous cycles. He cited both the global liquidity crunch and the fact that the supply of newly released altcoins is much higher than in previous years as the main reasons for this.
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