Change of strategy: crypto shares instead of waiting for Altcoin rally!

Analysts warn that the Altcoin season in this market cycle fails and recommend investors instead to rely more on crypto shares.

The hope of a classic old coin rally for new ones Bitcoin-High stall seems to be in vain in this cycle. According to a current analysis by Wolfe Research, investors should screw their expectations of the so-called “Alt Season” effects and instead rely on listed crypto companies. These have even significantly outperformed Bitcoin in recent months.

“It has been our recommendation for months to stay with Bitcoin as long as there is no dynamic in old coins. This dynamic has so far failed to do,” writes Wolfe-Analyst Read Harvey in a published note. According to the analysts, a change of strategy is overdue, away from speculative old coins, towards crypto shares with robust price moment.

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