Q3 and Q4 of 2024 are expected to bring a massive rally for altcoins, according to a top crypto analyst known as Captain Faibik. Despite recent drops of 30-40% in altcoin prices, Faibik sees this correction phase as a necessary part of the market cycle and believes that altcoins are on the verge of bouncing back. Faibik advises investors to take advantage of the current market dip and buy altcoins for the next 4-6 months, as historical market patterns show that corrections are typically followed by substantial price surges.
In addition, crypto investor Layah Heilpern highlights several positive factors for crypto, including the approval of Bitcoin and Ethereum ETFs and support from influential figures. Heilpern believes that the market has already cleared out weaker investors and is now poised for significant growth.
Furthermore, the altcoin dominance chart shows a 2% decrease, indicating a buying opportunity for investors as it suggests that the altcoin rally is on the horizon. With these factors in mind, it appears that Q3 and Q4 of 2024 could be a promising time for altcoin investors.