- Crypto enthusiasts expect altcoins to rally long after the market enters into consolidation.
- Altcoins surge after market rally exhaustion has become a historical pattern.
- Sustained altcoin rallies are a characteristic of lower market cap and high volatility of altcoins.
There is a buzz among the altcoin community suggesting an imminent pump in the coming days. Some crypto users have based their predictions on the historical behavior of the altcoin market when volatility spikes.
One analyst that goes by the name Crypto Bitlord, advised his followers to load up on altcoin because he is almost guaranteed a parabolic price movement in the coming days. Bitlord’s comment seems to have left the community excited with users seen mentioning their preferred crypto in response to the tweet.
Over the next few days altcoins are almost guaranteed to go parabolic… (Position accordingly)-As in load the fuck up
— Crypto Bitlord (@crypto_bitlord7) January 22, 2023
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