The analyst’s prediction comes as the Bitcoin price remains above six figures, and yet the altcoin market continues to struggle close to its lows. Despite the abysmal market movement and the massive decline in positive sentiment, the crypto analyst still believes that the best is yet to come.
Also, a big difference between the current cycle and the 2020-2021 cycle is the availability of free cash. Following the COVID-19 lockdown of 2020, governments around the world disbursed billions of dollars to citizens to help them weather the storm, and this ‘free cash’ had inadvertently found its way into the market, triggering a massive altcoin season.