Oh, dear reader, have you heard the news? The legendary commodity trader, Peter L. Brandt, has graced us with his wisdom once again! This time, he’s predicting an altcoin season that will make even the most seasoned crypto enthusiasts quiver with anticipation.
“It’s altcoin season,” Peter Brandt announces
In a recent tweet, the man who began his trading career in the mid-1970s shared a chart that would make any crypto aficionado swoon. A Cup and Handle pattern, ladies and gentlemen! A sure sign of a substantial price increase coming for our beloved altcoins. ๐๐ฐ
It’s altcoin season
โ Peter Brandt (@PeterLBrandt) July 16, 2025
The chart shows that the total market cap is currently at $1.39 trillion, but it’s approaching the peak reached in 2021, which totaled $1.7 trillion. Many influencers and analysts have been predicting an altcoin season to arrive in 2025 โ a period when capital begins shifting from Bitcoin to altcoins, as many BTC traders start to sell and shift their investments into alternative cryptocurrencies.
Additionally, Bitcoin’s market dominance is currently hovering around 64%, and historically, this level has preceded altcoin rallies, when Bitcoin’s dominance drops below the 60% mark. ๐ฒ๐ธ
Bitcoin OG Davinci on altcoin season
Early Bitcoin adopter and crypto YouTuber Jeremie Davinci has also shared his take on this matter. In a recent tweet, he stated that “altseason hasn’t started” yet. However, he continued, “when it’s here, most will be too late.” ๐ฎ๐
Altseason hasnโt started.
But when itโs here, most will be too late.โ Davinci Jeremie (@Davincij15) July 17, 2025
Unlike other early Bitcoin adopters, Davinci is not a BTC tribalist, and he often tweets about large and small-cap altcoins, apparently, investing in them too, but not holding them long term. He also often mentions the leading meme coins โ SHIB, DOGE, and PEPE. ๐โ๐ฆบ๐พ
Recently, he published several tweets about Bitcoin. One of them addressed recent college graduates who now have substantial student loan debt and must start repaying it. Davinci wrote that those who saved BTC ten years ago are retiring early now, hinting that the new generation of investors should perhaps take this path and start stacking BTC as well to see huge positive changes in their lives over the next ten years, too. ๐ด๐๏ธ๐ฐ
That tweet came after his ultra-bullish Bitcoin price forecast, in which he predicted that BTC would soar as high as $500,000 per coin. ๐๐ธ
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2025-07-17 12:01