Analyst expects altcoins to explode now

A crypto analyst expects altcoins to rise significantly in the coming period. According to him, investors are still waiting too long and will eventually follow. Bitcoin is meanwhile at $79.100, with a small increase of 0.3% in 24 hours.

In short:

• An analyst sees potential for strong gains in altcoins
• Large and medium-sized projects are expected to explode, according to him
• The market is waiting too long and will soon be forced to follow

Altcoins get their turn

Cryptocurrency analyst cryptostasher reports that he has purchased more Ethereum in recent days. He sees clear shifts taking place in the market. While large projects have already made their impulsive moves, it is now the turn of mid and low cap tokens.

The analyst expects many investors to remain on the sidelines and wait for Bitcoin to drop. But according to him, that will play out differently: the market will keep rising until this group is forced to step in and buy after all.

The move has only just begun

Cryptostasher states that the real momentum has yet to begin. Although Ethereum consolidates above resistance, some analyst groups still see much growth potential in the broader market sentiment.

The expectation is that once investors realise they are missing what belongs in their portfolio, they will buy in en masse. This could cause smaller and medium-sized altcoins in particular to rise significantly.