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The Crypto Apocalypse Is Coming: 3 Red Flags That Will Leave Your Wallet in Ruins

A stylized illustration depicting a stock chart with ascending trendlines breaking through resistance levels amidst chaotic cryptocurrency trading symbols swirling around it. A Bitcoin price graph is shown struggling to break above its 2021 all-time high, while other cryptos are depicted as being held back by descending wedges and altcoin market capitalization charts showing long-term support lines.

When it comes to crypto ‘altseason’, we’ve got a recipe for disaster: take some gullible idiots, add a dash of FUD and a pinch of pump-and-dump schemes, mix it all together with a healthy dose of desperation from the remaining Bitcoin holdouts. Stir in some pseudoscientific analysis, throw in a few token nods to ‘experts’, and voilà! You’ve got yourself an altseason that’s more likely to end in tears than triumph.

Source: cointelegraph

The altcoin market has been trending down since the 2024 bull run hit a snag in March, but a number of key indicators reveal that the recent recovery could be a signal of a “massive move” ahead, according to crypto analysts.  From a technical perspective, the altcoin market setup displays strength as it holds above an ascending trendline that has supported TOTAL2—the cumulative market capitalization of all cryptocurrencies except Bitcoin […]

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