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<ul class="news-points"> 
 <li><strong>Altcoins will remain in the accumulation phase until after the next Bitcoin halving, says Zero Ika.</strong></li> 
 <li><strong>The crypto analyst expects a temporary altcoin rally this summer.</strong></li> 
 <li><strong>The current accumulation range has $460B as range high and $290B as range low.</strong></li> 
</ul> 
<p>According to ZERO IKA, a crypto analyst on Twitter, altcoins will remain in the accumulation phase until after the next Bitcoin halving. However, he anticipates altcoins regaining market share this summer.</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">𝗧𝗢𝗧𝗔𝗟 𝟯 represents the purest state of the altcoin market since it hasn't BTC and ETH.<br><br>As said in the previous charts, altcoins are currently facing a big accumulation period which has 460B as range high and 290B as range low.<br><br>In my opinion, this is intended to last till… <a href="https://t.co/m0cRHqi9ON" target="_blank" rel="nofollow">pic.twitter.com/m0cRHqi9ON</a></p>— ZERO IKA 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5e1.png" alt="🗡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@IamZeroIka) <a href="https://twitter.com/IamZeroIka/status/1678114847639076864?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 9, 2023</a>
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  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>Ika drew his analysis from TradingView data on “TOTAL3” which shows the cumulative market capitalization of all cryptocurrencies except <a href="https://coinedition.com/ethereum-vs-bitcoin-use-cases-technical-differences-scaling-issues/">Bitcoin and Ethereum</a>. The TOTAL3 value, which stood at $328.667 billion at the time of writing, falls into an accumulation range that has $460B as range high and $290B as range low.</p> 
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  <img decoding="async" width="2048" height="938" src="https://coinedition.com/wp-content/uploads/2023/07/trading-view.png" alt="" class="wp-image-306335" srcset="https://coinedition.com/wp-content/uploads/2023/07/trading-view.png 2048w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-300x137.png 300w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-313x143.png 313w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-380x174.png 380w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-768x352.png 768w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-1536x704.png 1536w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-696x319.png 696w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-127x58.png 127w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-159x73.png 159w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-255x117.png 255w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-795x364.png 795w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-440x202.png 440w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-414x190.png 414w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-326x149.png 326w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-377x173.png 377w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-328x150.png 328w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-144x66.png 144w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-123x56.png 123w, https://coinedition.com/wp-content/uploads/2023/07/trading-view-129x59.png 129w" sizes="(max-width: 2048px) 100vw, 2048px">
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   <em>TOTAL3 Weekly Chart on TradingView</em>
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<p>At …</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/crypto-analyst-altcoins-are-in-a-long-term-accumulation-phase/">Crypto Analyst: Altcoins Are in a Long-Term Accumulation Phase</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Analyst: Altcoins Are in a Long-Term Accumulation Phase

Coin Edition

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