2024

FOMC

bullish

Coin

<ul class="news-points">
 <li>Crypto trader predicts a bullish 2024 for altcoins.</li>
 <li>Altcoins’ recovery from 2021-2024 hints at a breakout.</li>
 <li>Fed’s interest rate decisions and FOMC meetings may influence crypto market trends.</li>
</ul>
Those long-hauled within crypto have started to express optimism, based on technical indicators, on a bullish 2024 for altcoins. One among those, a trader, has urged market participants to disregard fear, uncertainty, and doubt (FUD) ahead of the “most important FOMC meeting in years.”
“I wouldn’t be shaken out of the market here ahead of the most important FOMC-Meeting in years. Altcoins have formed a huge cup &amp; handle pattern over the years. 2024 = <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;">,” Moustache <a href="https://x.com/el_crypto_prof/status/1818190039672602763" target="_blank" rel="noopener noreferrer nofollow">stated</a>.
According to his chart, altcoins have formed a “Cup and Handle” pattern over the years, suggesting a bullish trend for 2024. The altcoin market showed significant changes from 2021 to 2024 based on yearly movement.&nbsp;
After the market peaked in May 2021, a decline followed, forming the cup’s left side. This downtrend continued into 2022, reaching the bottom around the third quarter. A gradual recovery then began, forming the right side of the cup. A full rise was completed in 2023, with a slightly…
The post <a href="https://coinedition.com/bullish-on-altcoins-crypto-trader-predicts-market-surge-in-2024/" rel="noopener noreferrer nofollow">Bullish on Altcoins: Crypto Trader Predicts Market Surge in 2024</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bullish on Altcoins: Crypto Trader Predicts Market Surge in 2024

Coin Edition

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