An altcoin rally is anticipated as gold’s breakout and Bitcoin’s (BTC) setup mirror historical bull signals
Dan Gambardello highlights altcoins like Ethereum (ETH), Cardano (ADA) building strength for a significant surge.
The broader altcoin market, though currently lagging, shows strong potential for an explosive catch-up this cycle.
After gold’s explosive breakout, market analysts are now watching Bitcoin (BTC) closely, figuring it’s next in line for a huge run-up. According to crypto analyst Dan Gambardello, the current market setup for Bitcoin is strikingly similar to a familiar historical pattern that previously led to significant gains.
The same way gold surged in late 2020 before Bitcoin followed, current charts suggest a repeat may be underway. If true, this could mark the early stages of a full-blown crypto bull market, pulling major altcoins like Ethereum and Cardano along for the ride.
crypto about to do what gold just did…*EXPLODE*
Intro 00:00
Gold and crypto 00:50
Bitcoin looks like gold 1:40
Altcoin power move 3:15
Cardano weekly 4:25
ADA breakout? 5:15
Ethereum altcoin bull market timeline 9:00 pic.twitter.com/JLzB58IBqJ
— Dan Gambardello (@cr…
The post Bitcoin Could Be Next After Gold’s Breakout as Altcoin Season Nears appeared first on Coin Edition.
