#AltSeasonComing โคโค๐ค๐ค๐คโค๐ค๐ค๐๐๐๐
๐๐๐ฉ ๐๐๐๐๐ฎ ๐๐ค๐ง ๐ผ ๐๐ค๐ฃ๐จ๐ฉ๐๐ง ๐ผ๐ก๐ฉ๐จ๐๐๐จ๐ค๐ฃโ, ๐ผ๐ง๐ฉ๐๐ช๐ง ๐๐๐ฎ๐๐จ ๐๐ก๐๐ฅ๐จ ๐ฝ๐ช๐ก๐ก๐๐จ๐ ๐ค๐ฃ ๐ผ๐ก๐ฉ๐๐ค๐๐ฃ๐จ
Arthur Hayes, the former CEO of BitMEX, has sent shockwaves through the crypto community with his bold prediction of a โmonster altseason.โ With Bitcoin hitting a new all-time high and Ethereum following the trend, Hayes remains bullish on a potential altcoin season. Is a major bull altcoin bull run on the horizon?
Despite his initial bearish outlook, BitMEX co-founder Arthur Hayes has reversed his stance to assert that a โmonster altseasonโ is coming. In an X post, Hayes shared a bullish projection of the crypto market, with Bitcoin and altcoins ready to soar. The BitMEX co-founder noted,
After initially taking a bearish stance due to the U.S. Treasury General Account (TGA) restocking, Arthur Hayes has shifted to a bullish outlook, driven by Bitcoinโs recent surge to new all-time highs, accompanied by significant trading volume. Hayes also expects Ethereum to follow suit and potentially outperform Bitcoin. As reported by CoinGape, he earlier predicted Ethereum is poised to hit an ambitious target of $10,000 riding on massive corporate adoption.
Significantly, Arthur Hayesโ altcoin forecast is supported by anticipated actions from former US President Donald Trump on tariffs and increasing market liquidity. He expects a significant Bitcoin rally driven by high global debt levels and growing institutional demand.
The current Altcoin Season Index is at 30 out of 100, suggesting that a full-fledged altseason has not yet come. Altcoin Season Index is a metric used to measure the performance of altcoins.
