Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Altseason is imminent as cryptocurrency markets prepare for a ‘massive move’: Glassnode founder
ALTCOIN NEWS

Altseason is imminent as cryptocurrency markets prepare for a ‘massive move’: Glassnode founder

By Crypto FlexsDecember 21, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Altseason is imminent as cryptocurrency markets prepare for a ‘massive move’: Glassnode founder
Share
Facebook Twitter LinkedIn Pinterest Email

The co-founders of cryptocurrency analytics firm Glassnode believe altcoins are gearing up for a major move to the upside.

Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on social media platform say It is predicted that the total market capitalization of digital assets, excluding Bitcoin (BTC) and Ethereum (ETH), is in the consolidation phase and will soon surge.

“1-2-3-4-5 euphoria!

The cryptocurrency market is making big moves.

Cryptocurrency market chart minus BTC and ETH.

We looked at the first three steps. Now acceleration awaits.

Please see the chart below for detailed analysis.”

Source: Negentropy/X

Analyst charts show that the MACD (an indicator traditionally used to identify trend reversals and confirm trends) and the Relative Strength Index (RSI), which aims to measure momentum, are showing strength on a weekly basis.

Analysts too say The US Dollar Index (DXY), which measures the value of the US dollar against a basket of six major currencies, is in a downward trend, which often coincides with an upward trend in risk assets such as Bitcoin.

They also say the possible approval of a spot market BTC exchange-traded fund (ETF) in early January is another bullish example for the cryptocurrency market.

“Countdown to Christmas: Get DXY and ETF Insights in 14 Days!

Introduction: In the short term the risk/reward may be uneven at -8%/+8% from current levels, but we are confident in the medium term.

ETF approval period is 14 days away, DXY is in a downtrend and the stock is on an upward trajectory.

“The macro headwinds of 2023 are turning into tailwinds, and the Santa Claus Rally could bring more surprises.”

video
Source: Negentropy/X

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us TwitterFacebook, Telegram

Daily Hodl Mix Surfing

Check out the latest news headlines

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025
Most Popular

Are Trump coins cracking for less than $ 10 as Solana whales dump?

May 6, 2025

Dinari secures $10 million in seed funding, expands cryptocurrency asset offerings

January 24, 2024

Gala: The kimchi craze takes the Common Ground world by storm with new and exciting updates

June 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.