The Altcoin collapse is likely to come in the third quarter of this year, according to analyst Benjamin Quinn – here is the reason
Benjamin Queen, a widely script, says Altcoins is likely to collapse in the third quarter of 2025.
In a new strategic session, Queen Recount Altcoins is likely to have 874,000 subscribers on YouTube, who are judged on previous sessions, another leg to move at one time during the third quarter of the movement as their movements are largely associated with the work of Bitcoin (BTC).
He says that about November when Altcoins can launch healing.
“I think at some point this year, [altcoins are] Maybe it will collapse … and perhaps [they’ll] Do that this summer, then we will see them wearing again later this year, something like where they go down here and then rise. Remember, [the] There was no big step by Alt/Bitcoin pairs in 2017 to November, so you have to remember it. “
It seems that the Quinn scheme, which examines a total of 3 – a indicator that tracks the total value of all digital assets except Bitcoin, ETHEREUM (ETH) and Stablecoins – indicates that it will decrease from a line of 0.27 at his pair against BTC. Total3/BTC currently sits at 0.47.
In previous sessions when Total3/BTC expels an area of 0.27, Altcoin market collapsed.
Quinn goes on to say that the health of the Altcoin market depends largely on BTC, and perhaps the returns in treasury bonds for a period of 10 years, which often reflect the appetite of investors for general risks.
“If Bitcoin is separated into a high new cycle, I think Bitcoin will lead to this step, so the fate of Altcoin markets in March depends only on Bitcoin. If Bitcoin rises, it will also rise …
If Bitcoin collapses, I think it is likely to correspond to an increase in the long tip of the return curve, and this is something that has been followed. If you actually look at the return for 10 years, one of the things that already caused the Bitcoin unification [previously] Then in the end, the collapse was an increase in the return for 10 years. “
Bitcoin is trading for $ 96,637 at the time of this report, by 1.3 % during the last day.
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