As Bitcoin approaches what could be its final stage of the current cycle, investor attention is swiftly shifting toward altcoins. Analyst Joao Wedson suggests that altcoins might demonstrate significant growth in the coming months.
Bitcoin and Altcoins: Current Market Situation
According to Joao Wedson, while Bitcoin may still rise over the next two months, altcoins are expected to extend their rally for at least three months. This creates a crucial opportunity for investors to capture gains before a broader market cooldown.
ETF Sell-Off as a Cycle Change Signal
Wedson notes that although ETFs have become a key infrastructure, they haven’t eliminated the influence of long-term holders. Nearly 50% of all Bitcoin in ETFs has already been offloaded, primarily by early buyers capitalizing on recent price strength to exit profitably. Long-dormant BTC is also moving at elevated rates, which historically aligns with local market tops.
Increasing Interest in MAGACOIN FINANCE
Among new contenders, MAGACOIN FINANCE has emerged as one of the most discussed altcoin opportunities, showcasing a 310% rise in user participation weekly. On-chain data reveals increasing wallet growth and stronger transaction volume compared to many larger projects. Early investors are already eyeing transformational returns.
While Bitcoin has room for growth, analysts like Joao Wedson suggest the spotlight is shifting to altcoins, which may outperform in the coming months. This shift could present new opportunities within the market.
