Bitcoin (BTC) reached its all-time high of $69,000 to quickly retrace below $60,000 on the same day. Cryptocurrency traders eagerly expect an altseason to commence at any moment, boosting altcoins to previous highs.
On that note, Credible Crypto posted on X explaining how the cryptocurrency market usually behaves during bull cycles. Previously, the trader shared a winning experience trading Dogecoin (DOGE), in which he made from $10,000 to $100,000 in 48 hours.
Interestingly, Credible Crypto sees two possible scenarios regarding the start of a massive altseason. Nevertheless, both outlooks suggest that this cycle’s altcoin market could start at any moment, and investors should prepare their positions.
It is worth noting that the two scenarios are based on historical patterns. Therefore, they are not guaranteed to mirror the past action.
Two scenarios that could ignite an altseason
First, Credible Crypto explains that Bitcoin could test the historical resistance and rej
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