Degen

TechDev, a well-known cryptocurrency analyst on social media, has predicted a historic rally for the altcoin market based on an unprecedented technical pattern.

He pointed to the TOTAL2 chart and Bollinger Bands, showing that the compression in these bands has reached a record high, indicating an imminent major bullish move.

According to TechDev, this price expansion will be “unlike anything the market has ever seen.”

The analyst also believes that Bitcoin (BTC) is still far from its cyclical top, and the copper-to-gold ratio is also showing a signal similar to Bitcoin’s previous bullish rallies in 2016 and 2020.