When Will The Altcoin Season Start? Here Are The Predictions Of Crypto Analysts

JAKARTA - The crypto market is entering an interesting period lately. After Bitcoin recorded ATH on December 17, 2024, the majority of altcoins also soared. Analyst and trader Kevin Camyson believes that the altcoin rise phase will be imminent.

In a recent strategic session on its YouTube channel,missionson revealed his prediction that the TOTAL3 chart, which tracks the market cap of all crypto assets except Bitcoin (BTC), Ethereum (ETH), and stablecoins, will soon experience a tremendous spike.

According to behindson, the history of market movement shows that after the Bitcoin halling event in April 2024 which reduces rewards for miners, altcoins will experience a significant growth period starting around the 40th week after halling, which is around the end of January 2025.

"In the previous cycle, after passing week 40, altcoins skyrocketed to a 170% spike," he said, though he warned that this spike might not be that big, but there would still be significant market movement.

Jungson predicts that TOTAL3's market cap could reach 2 trillion US dollars (Rp32,400 trillion) at the peak of this cycle, an increase from the current figure which is at US$982.2 billion (Rp15,900 trillion). The prediction illustrates the huge potential for altcoins, which, although still far from their peak, will get a huge boost in the coming months.

Furthermore, Karyson sees that the dominance of Bitcoin (BTC.D) in the crypto market will begin to decline. BTC.D is the ratio of Bitcoin's market capitalization to market capitalization of all crypto assets.

Based on previous cycle analysis, he believes that after the 40th post-haling week, Bitcoin dominance will drop drastically, giving altcoins room to take over.tangleson estimates that BTC.D could drop to around 42% in the coming six months.