Here’s How to Identify the Best Altcoin Picks During the Bear Market

2024-05-05 09:10 25

The post Here’s How to Identify the Best Altcoin Picks During the Bear Market appeared first on Coinpedia Fintech News

Cryptocurrency enthusiasts often find the best opportunities to buy during the bear season. Yet, spotting these chances and consistently entering the market can be quite a challenge. With over 25,000 digital assets being tracked by Coingecko and traded across various exchanges, the task might seem daunting.

Despite this, most altcoins tend to mirror Bitcoin’s market trends. Bitcoin, in particular, has established a pattern over the last four years, linked to its halving events. The mainstream adoption of digital assets and blockchain technology is anticipated to greatly affect the supply-demand balance in this market.

Crypto Analyst Zero Ika’s Altcoin Predictions

Zero Ika, a prominent crypto analyst, offers insights into the altcoin accumulation phase, which is projected to persist until April 2024, coinciding with the next Bitcoin halving event. With roughly 250 days left in this accumulation phase, the analyst emphasizes the importance of identifying the next potential altcoin gems.

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