Key Phases of an Altcoin Bull Market: Expert Predicts an ‘Explosive Rally’—Details Inside

Altcoins – alternative digital assets beyond Bitcoin – often take center stage during bull market cycles. According to top crypto analysts Mikybull Crypto and Mags, the current market conditions point toward an imminent altcoin rally.

Drawing parallels with the 2020-2021 cycle, Mikybull Crypto highlights the uncanny similarity in the altcoin pullback levels. “Altcoins are looking prime for an explosive rally after the recent correction,” he states, noting the Fibonacci retracement of 0.618 witnessed in both periods. Furthermore, the analyst emphasizes that the altcoin market capitalization is closely mirroring the 2020-2021 price action, albeit with a different timing.

The Four Phases Unveiled

Mags, a crypto influencer and analyst, breaks down the four distinct phases that characterize an altcoin bull market:

  • Accumulation Phase

This phase marks the bottom of a prolonged bear market. Prices consolidate, and the downtrend eventually breaks, signaling a potential reversal.

  • First Leg Up

During this stage, prices begin surging upwards. However, many retail investors remain skeptical, missing out on the initial trend change.

  • Chop Phase

After the first leg up, prices often enter a choppy, sideways phase. This period is also referred to as the re-accumulation phase following the Bitcoin halving event.

  • Up Only Phase

“This is where most of the money is made in a very short period of time,” Mags emphasizes. Bitcoin, altcoins, and even meme coins experience parabolic rallies, attracting mainstream attention and an influx of new capital. Consequently, smart money and early buyers begin unloading their holdings as retail investors frantically chase the uptrend, believing it will continue indefinitely.

New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!


Show more +

Patience is Key

Significantly, both analysts stress the importance of patience during the first three phases. While these initial stages may seem slow and uneventful, positioning oneself early is crucial for capitalizing on the eventual upswing. “Impatient individuals who chase after red and green candles are likely to get caught out during the first three phases,” warns Mags.

Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.
Get all our future calls by joining our FREE Telegram community.

Check $RECQ Meme Coin

Sponsored: Invest Responsibly, Do Your Own Research.
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.


Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.