This Chart Pattern Reveals the ‘Best Time to Invest’ in Altcoins: It Precedes Every Bull Run – Expert”

Moustache, a cryptocurrency expert, recently revealed an altcoin chart pattern that he says shows now is the ideal time to invest in altcoins. He shared the chart in a recent tweet, noting that the pattern has preceded major altcoin rallies multiple times in the past.

The Chart Shows a Clear Bull Flag Pattern

The chart presents the total altcoin market capitalization and shows a very clear bull flag pattern forming. One thing is obvious. The pattern happening now has occurred a couple of times in the past, and it has been followed by a long bull run every time, Moustache explained.

Specifically, he points to bull flags in 2015, 2016, 2017, 2020. Each of these flag patterns was followed by sustained altcoin growth over a long period of time. The same pattern has been forming since 2021 and a breakout above this should trigger the next bull run.

History Shows This Pattern Precedes Major Runs

“Actually, you don’t need much more to know that it won’t be long before it goes up,” Moustache tweeted. “Best time to invest imo. It has NEVER been different in the history of Altcoins.”

Moustache believes the chart shows clear evidence that now is an ideal time to invest in altcoins, as the pattern predicts major growth is on the horizon. Given that this same pattern has preceded altcoin rallies multiple times in the past, he suggests history indicates this time will be no different.

Conclusion

According to cryptocurrency expert Moustache, an analysis of the total altcoin market capitalization reveals a bull flag pattern that has consistently preceded major altcoin growth periods. Given the pattern has repeated multiple times now, Moustache believes this chart shows unequivocally that now is the optimal time to invest in altcoins. He suggests the pattern indicates altcoins are poised for their next major bull run.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
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.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo