Analyst: Skip Bitcoin FOMO, Altcoins Offer Better Gains Now
2025-07-11 15:36:48
Main Idea
Bitcoin has reached a new all-time high, but analysts suggest that the bigger investment opportunity currently lies in altcoins due to Bitcoin's overvaluation and the potential for a major altcoin rally.
Key Points
1. Bitcoin (BTC) hit a new all-time high (ATH) of almost $119,000, but analysts warn it is over 650% above its ideal accumulation zone.
2. Prominent analyst CrediBULL Crypto and others like Arthur Hayes and Crypto Rover believe altcoins present a bigger opportunity for gains compared to Bitcoin at current levels.
3. Market metrics such as the MVRV ratio, SOPR, and MPI suggest a sustainable rally with long-term potential for altcoins.
4. Ethereum (ETH) has outperformed Bitcoin, rising over 18% in the last seven days and reclaiming the $3,000 level.
5. Other altcoins like Cardano (ADA), Hyperliquid (HYPE), and Solana (SOL) have also shown significant gains, with ADA up 23.7% and SOL climbing above $164.
Description
Bitcoin (BTC) has sent the crypto community into delirium, hitting a new all-time high (ATH) of almost $119,000 after brief stops around $113,000 and $116,000. However, despite the excitement, prominent analyst CrediBULL Crypto has cautioned traders not to chase the rally blindly, suggesting that the real opportunity lies in altcoins, not Bitcoin. Why BTC FOMO Could Be Costly With BTC currently over 650% above its ideal accumulation zone, CrediBULL posted a stark warning on X: “The big opportuni...
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