Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline

Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline


A closely followed crypto analyst says that altcoins are setting the stage for a massive breakout by July.

Pseudonymous analyst Rekt Capital tells his 467,200 followers on the social media platform X that an alt “hype cycle” is likely coming in the second quarter of the year as the market consolidates.

“Still time left before the Q2 altcoin hype cycle takes off. But the very foundations of the next wave of altcoin rallies are being built as we speak. Market-wide breakouts can’t occur without the market first experiencing slow consolidation periods.”

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Source: Rekt Capital/X

Next up, the analyst says if Bitcoin follows a historic precedent the crypto king’s cycle top will likely arrive next year in September or October.

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