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Bitcoin

Altcoins can ignite the “main pump” if these two things occur, according to analyst Kevin Svinson

An analyst of encryption with a history of Bitcoin (BTC) calls in a timely manner that Altcoins is preparing for a high price.

In a new strategic session, Kevin Svenson informs its 83300 YouTube subscribers that it is closely monitoring the plan of others, which tracks the total maximum market from encryption, with the exception of the 10 best digital assets and stablecoins.

Traders monitor the other chart to measure the performance of Altcoin Market.

According to the Crypto strategy, others seem to follow the price procedures for the year 2024, when it had a corrective period before raising an increase at the end of the year.

Svenson predicts that Altcoins will work on other explosive centers if Bitcoin and other assets category rises to new standards.

“I just show what appears on the graph. The setting is almost the same.

And this huge period when the Other plan has increased by 140 % in the last time … this happened because Bitcoin and S&P [500] Both stormed the highest new level ever at the same time. We have seen Bitcoin breaking the highest new level ever, but the S&P did not do it.

So if we get S&P and Bitcoin to separate to the highest new level ever, then a step like this [November to December 2024] It is very likely that up to $ 570 billion for others, most likely, in my opinion, we will get a large pump. “

Source: Kevin Svenson/YouTube

At the time of writing this report, others are traded at $ 233.72 billion.

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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

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