It is noteworthy that the crypto money market had a strong recovery in Altcoins last week. Especially Ethereum $2,560.8340 percent of the rise of a weekly basis, the Altcoin season may have started to increase expectations. Bitcoin in the same period 
$104,470.79 The price rose to 105,000 dollars, following positively. In this mobility in the market, the positive progress of trade talks between the US and China was also effective.
Resistance points and possible direction in subcoins
Rect Capital, one of the crypto money analysts known in his field, predicts that the Altcoin market can make a serious output in the coming period. According to the analyst, if the total Altcoin market value (excluding the first ten subcoin) closes over $ 250 billion one week, the market value may increase to up to 315 billion dollars. Rect Capital says that if this level is exceeded, the current market correction will be completed with -61% and that the subcoins will be confirmed from the bottom. It is also emphasized that this recovery is more resistant compared to previous market corrections.
Rekt Capital: “The weekly closing over $ 250 billion may be the beginning of trend transformation in subcoins.”
Analyst, compared to the withdrawal of 69 %and 85 %in the past, the existing correction is more shallow indicating the power of the market. The resistance level of 425 billion dollars is weakened and the likelihood of overcoming is increased if it is re -tested.
Merlijn The Trader, another market analyst, warns investors in this period of optimism for the Altcoin season. Pointing out that there is a significant decrease in Bitcoin’s market domination, the analyst argues that this development may indicate the flow of capital to the subcoins. However, the analyst says that investors pay attention to the timing and “Early return, otherwise you may encounter the risk of recruitment at the top price.” warns using the expression.
Bitcoin domination and long -term expectations
At the rise in the market, positive developments on the US-China trade agreement may serve as a catalyst. It is foreseen that strategic capital movements may accelerate if optimistic air in the crypto continues.
Willy Woo, the chain analyst, is more cautious. Woo predicts that in the long run Bitcoin’s market dominance will be over 90 percent. Analyst claims that as of 2030, Altcoin market value can reach $ 10.5 trillion, whereas Bitcoin’s market value will exceed 100 trillion dollars.
Willy Woo: “In the sense we know, crypto venture capital loses its importance, while the focus is shifting to Bitcoin.”
Woo states that large companies continue their aggressive Bitcoin purchases and give their priorities to BTC rather than Altcoins. Metaplanet, which is one of the companies, has a significant amount of Bitcoin reserves in a short time.
While the expectations of the Altcoins in the crypto currency market are strengthened, some experts point out that the leadership in the medium and long term will remain in Bitcoin. It is also expressed as a common warning that investors should be careful during sudden price movements. In addition, the importance of timing in capital turns is emphasized. In the coming period, both technical indicators and global developments are thought to be effective in the course of the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
