Is Altcoin Season Finally Here? Peter Brandt Thinks So… Maybe.

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Well, well, well. Look who’s back with another prediction about the cryptos – Peter Brandt, the man who’s been navigating these markets longer than some of us have been breathing. And guess what he’s saying? He’s practically shouting it from the rooftops: “It’s altcoin season!” Yep, that’s what he said in his latest tweet, and he’s got a fancy chart to back it up. It’s enough to make you wonder if you should be picking out altcoins for the next big party. 🥳

Now, Bitcoin’s dominance is hanging around some historical levels – the kind that usually sets the stage for a big ol’ altcoin rally. And, believe it or not, some bullish chart patterns are cropping up like weeds in a garden. So, are we on the verge of a 2025 crypto revolution? Let’s dive in, shall we?

Classic Chart Pattern Suggests Altcoin Breakout

So what’s the deal with this chart that Peter Brandt is waving around like a flag of victory? Well, it tracks the total crypto market cap, excluding Bitcoin. And here’s the kicker: it’s at $1.39 trillion. But the real fun begins with something called the “Cup and Handle” pattern. Don’t get too excited, it’s not something you sip tea from, but it’s a well-known bullish setup that usually means sharp price moves ahead. And if you know anything about altcoins, those “sharp moves” could be bigger than your Aunt Carol’s lasagna at Thanksgiving. 🍽

It’s altcoin season

— Peter Brandt (@PeterLBrandt) July 16, 2025

Now, if history has anything to say about it (and, let’s be honest, it usually does), this same pattern showed up before altcoins went on a meteoric rise. So, who knows? We could see altcoins zooming back up to the 2021 high of $1.7 trillion or maybe even higher. Talk about a bull run that could leave you gasping for air! 🐂🚀

Bitcoin Dominance Hints at What’s Coming

Now, let’s talk numbers. Bitcoin’s dominance is sitting at around 64%. This number is like the secret sauce for crypto analysts. When Bitcoin’s dominance dips below 60%, altcoins usually start to get their groove on. Why? Because traders begin to shuffle profits from Bitcoin into other assets. It’s like a crypto version of musical chairs. 🪑🎶

So, with 2025 on the horizon, some folks are already eyeing an altcoin bonanza. They’re talking about big players like SHIB, DOGE, and PEPE. Because when the party starts, you want to be at the front of the line, right?

If this trend holds, we could be in for one heck of a rally. But remember, it’s crypto. Anything can happen, like your grandma suddenly becoming a day trader. 😂

Crypto Twitter Weighs In

Of course, not everyone is on the altcoin hype train. Enter Jeremie Davinci, the early Bitcoin investor who’s not afraid to throw a little cold water on the altcoin parade. On X (formerly Twitter, because, sure, why not?), he wrote, “Altseason hasn’t started,” and, just to keep us on our toes, he added, “But when it’s here, most will be too late.” Oof, talk about throwing shade. 🌞

Altseason hasn’t started.

But when it’s here, most will be too late.

— Davinci Jeremie (@Davincij15) July 17, 2025

But don’t think Jeremie is just a Bitcoin snob. He’s no stranger to the altcoin world. He talks about big and small projects alike, even meme coins like the ones that get everyone all riled up (you know, the kind of coins that make you scratch your head and laugh at the same time). But right now, he’s focused on Bitcoin’s long-term value. It’s like he’s telling us, “Sure, altcoins might be fun, but Bitcoin’s the adult in the room.” 🙄

As for Brandt’s tweet, it definitely stirred the pot in crypto land. Some folks are on board with the idea, while others are calling it a bunch of “scam coins.” Yikes! Seems like crypto opinions are as divided as a pizza at a party. 🍕

What Should Crypto Investors Expect Next?

So, here we are, at the crossroads of altcoin optimism and cautious skepticism. Brandt’s all about the altcoin season, but Davinci’s got his doubts. Classic case of “time will tell,” right? The technicals are looking good, but as we all know in this game, sentiment can change faster than a crypto market crash.

If Bitcoin’s dominance dips and capital starts flowing into altcoins, we might just see a crypto party like no other. But then again, this is crypto we’re talking about, so nothing’s a sure bet. Buckle up, folks! 🎢

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2025-07-17 16:43