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Rallies Unlike Anything the Market Has Seen About To Kick Off for Crypto, According to Analyst

Rallies Unlike Anything the Market Has Seen About To Kick Off for Crypto, According to Analyst

2025/06/28 16:00
By:

A closely followed crypto analyst is predicting a historic rally for altcoin markets based on an unprecedented technical setup.

The pseudonymous analyst known as TechDev shares a chart with his 532,000 followers on the social media platform X showing the price action of TOTAL2 – which tracks the total market cap of crypto assets excluding Bitcoin ( BTC ) and stablecoins – with a Bollinger Band indicator.

Bollinger Bands are a technical analysis tool used to assess price volatility and identify potential breakout or mean-reversion opportunities. When the bands are close together, it suggests that volatility is historically low and the asset is potentially due for a big move.

According to TechDev, the Bollinger Bands are tightly contracted for TOTAL2, suggesting that a huge burst to the upside for altcoins is imminent.

“Altcoin compression is at a record high.

Expansion will be unlike anything the market has seen.”

Rallies Unlike Anything the Market Has Seen About To Kick Off for Crypto, According to Analyst image 0 Source: TechDev/X

The analyst also believes that, based on the overall business cycle, Bitcoin is nowhere near its top.

“Re-evaluate your top calls.”

Rallies Unlike Anything the Market Has Seen About To Kick Off for Crypto, According to Analyst image 1 Source: TechDev/X

TechDev also uses the copper-to-gold ratio as a signal pointing to a likely massive Bitcoin surge.

The copper/gold ratio, often viewed as a proxy for investor risk appetite, has formed a bottom similar to 2020 and 2016, which preceded BTC bull runs, according to TechDev.

“The steep part lies ahead.”

Rallies Unlike Anything the Market Has Seen About To Kick Off for Crypto, According to Analyst image 2 Source: TechDev/X

At time of writing, Bitcoin is trading at $107,165, up 4% in the last seven days.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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