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Altcoins Hitting New Lows, Recovery Expected in August | Flash News Detail | Blockchain.News

Altcoins Hitting New Lows, Recovery Expected in August

8/3/2024 5:00:00 PM

Altcoins Hitting New Lows, Recovery Expected in August

According to @CryptoMichNL, the altcoin market continues to decline, with the Others/BTC ratio currently reaching a new low. This unusual trend suggests that the market may be nearing a bottom. Traders are advised to hold on through August, as a significant market recovery is anticipated thereafter. (Source)

Altcoins OTHERS/BTC August market recovery

More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast