<p>Are you an Altcoin enthusiast? If so, what we’re about to share will get you excited! The Altcoin market is poised for a <a href="http://bullish season soon" rel="noopener noreferrer nofollow">bullish season soon</a>. Really? Yes! A prominent crypto analyst known as Mikybull Crypto on X has posted a compelling prediction that a new Altseason is just around the corner. Curious to know more? Let’s dive in!</p>  
<h2 class="wp-block-heading" id="h-why-is-altseason-about-to-begin">Why Is Altseason About to Begin?</h2>  
<p>At the heart of Mikybull’s post is the assertion that the Altcoin market is on the brink of a bullish trend. What supports this bold prediction? Mikybull’s insights are backed by solid evidence: the Altcoin market has recently broken through a significant technical resistance level.</p>  
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<p>Looking at the chart shared by Mikybull along with his X post, it is evident that the expert’s observation is not baseless. The chart shows that the Altcoin market has broken the downtrend trendline resistance. Generally, when a market breaks this trendline, it is regarded as a strong signal for upward momentum. Considering this fact, it makes sense to expect a new <a href="https://coinpedia.org/price-analysis/bitcoin-price-analysis-btc-nears-65k-as-dominance-chart-teases-an-altseason/" target="_blank" rel="noopener noreferrer nofollow">Altseason</a>.&nbsp;</p>  
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  https://twitter.com/MikybullCrypto/status/1838097956773191975
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<h2 class="wp-block-heading" id="h-altcoin-market-analysis-nbsp">Altcoin Market Analysis&nbsp;</h2>  
<p>Examining the Crypto Total Market Cap Excluding the Top 10, we see that the market cap currently stands at $213.535 billion. At the start of the month, it was around $190.399 billion. On September 6, it dipped to a monthly low of $174.958 billion. However, since September 7, the market has shown steady recovery. By September 13, it peaked at $200.471 billion before slightly retreating to $189.607 billion. On September 17, bullish momentum regained strength, pushing the market back upward. Right now, the Altcoin market appears bullish.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/23174051/image-501.png" alt="" class="wp-image-354333">
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<p>In conclusion, the Altcoin market seems poised for robust bullish momentum in the near future. This outlook is not only supported by experts like Mikybull but also reinforced by market data.</p>  
<p><strong>Keep an eye on this space—you won’t want to miss what comes next!</strong></p>

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