Dogecoin, Cardano Among Four Iconic Altcoins: Trader Sees ‘Pretty Close To An End To This Chop’
Posted On February 18, 2025
Bitcoin (CRYPTO: BTC) has been stuck in a multi-week range, leaving altcoins struggling for momentum. However, traders believe this consolidation phase could be setting the stage for an altseason breakout.
What Happened: Crypto trader Astronomer advises altcoin holders to remain patient, emphasizing that historically, the biggest altcoin surges occur in the final year of the cycle (2025). He argues that the current cycle resembles 2017 more than 2021, which explains why altcoins have yet to make major moves.
- In 2017, altcoins remained flat until the final year (March–November) before exploding.
- In 2021, altcoins surged early (August 2020–February 2021) but then suffered a 70% crash mid-cycle.
- Bitcoin’s current price action resembles 2017’s gradual parabolic rise, unlike 2021’s rapid, straight-up movements.
Historically, Dogecoin (CRYPTO: DOGE), …
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