Monday, June 2, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Opportunities Appearing for High-Quality Altcoins, According to Real Vision Analyst Jamie Coutts – Here’s Why

August 9, 2024
in Altcoin
Reading Time: 2 mins read
0 0
A A
0
Home Altcoin
Share on FacebookShare on TwitterShare on E Mail


A intently adopted crypto analyst believes that high altcoin tasks may quickly surge towards greater costs primarily based on one key metric.

Jamie Coutts, the chief crypto analyst at Actual Imaginative and prescient, says that “top quality” altcoins may very well be approaching a market backside primarily based on the highest 200 equal weight index versus market cap ratio.

The highest 200 equal weight index tracks the efficiency of the highest 200 cryptocurrencies by market cap relative to Bitcoin (BTC).

He means that primarily based on historic priority, some alts might quickly end correcting and reverse course.

“My small-cap or alt-sentiment chart: the highest 200 equal weight index versus market cap ratio chart (high) exhibits a continuation of the identical theme from final month.

Small cap underperformance is at excessive (blue sub-chart). Sure, alternatives for washed-out high-quality alts.
Whereas the ratio chart development is down, till there’s a reversal (turns inexperienced) an all-out ‘altseason’ just isn’t doable.
For now, small caps will wrestle till BTC breaks the all-time excessive (nonetheless my base case for this yr).”

Supply: Jamie Coutts/X

The analyst additionally says that the broader altcoin market might not begin to get better till late 2024 or early 2025 primarily based on what number of alts are underperforming towards the highest crypto asset.

“One other lens, my altseason indicator (variety of property outperforming BTC). Once more, we’re clearly at washed-out ranges of unfavourable alt sentiment with solely 11% beating BTC in previous 90 days.

Normally the bottoming course of takes months to resolve earlier than a restoration (expectation late This autumn or early 2025). My evaluation factors to this being akin to the 2020 pukes versus the top of cycle 2022 collapse.”

Image
Supply: Jamie Coutts/X

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Examine Value Motion

Comply with us on X, Fb and Telegram

Surf The Day by day Hodl Combine

&nbsp

Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any losses chances are you’ll incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please notice that The Day by day Hodl participates in affiliate internet marketing.

Generated Picture: Midjourney



Source link

Tags: AltcoinsAnalystAppearingCouttsHeresHighQualityJamieOpportunitiesrealVision
Previous Post

US Judge Orders FTX, Alameda To Pay A Staggering $12.7 Billion To Creditors

Next Post

Unionised workers at New York’s Storm King sculpture park ratify their first contracts

Related Posts

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF
Altcoin

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

June 1, 2025
Bitcoin Is Still in a Strong Bullish Trend Despite Losing Major Support Level, Says Trader – Here’s His Outlook
Altcoin

Bitcoin Is Still in a Strong Bullish Trend Despite Losing Major Support Level, Says Trader – Here’s His Outlook

May 31, 2025
What Does Decentralization Have to Do with You, Really? | by Daii | The Capital | May, 2025
Altcoin

What Does Decentralization Have to Do with You, Really? | by Daii | The Capital | May, 2025

May 30, 2025
Ethereum, Ether, ETH, altcoins, everyday people
Altcoin

Ethereum, Ether, ETH, altcoins, everyday people

May 31, 2025
🚀 My Altcoin Trading Strategy: How I Prepare for Pullbacks and Find the Best Buy Zones | by Blend Visions | The Capital | May, 2025
Altcoin

🚀 My Altcoin Trading Strategy: How I Prepare for Pullbacks and Find the Best Buy Zones | by Blend Visions | The Capital | May, 2025

June 2, 2025
Reform UK Leader Farage Opens Doors to Bitcoin Donations
Altcoin

Reform UK Leader Farage Opens Doors to Bitcoin Donations

May 31, 2025
Next Post
Unionised workers at New York’s Storm King sculpture park ratify their first contracts

Unionised workers at New York's Storm King sculpture park ratify their first contracts

Bitcoin volume in loss hit highest level since FTX collapse

Bitcoin volume in loss hit highest level since FTX collapse

Ethereum Price Rises, Striving to Catch Up with Bitcoin’s Rally

Ethereum Price Rises, Striving to Catch Up with Bitcoin's Rally

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In