Bluntz Analyst Predicts Altcoin Season in Crypto Market

Popular crypto analyst Bluntz has said that the market could be entering what he calls an altcoin season, where alternative cryptocurrencies start to grow faster than Bitcoin.

In his posts on the X social network, he cited as an example the charts of three memecoins — Dogecoin (DOGE), Floki Inu (FLOKI) and Pepe (PEPE), which, in his opinion, are ready for significant growth. The analyst noted that Dogecoin is on the verge of a powerful upward movement. According to him, on the token chart, one can already see the formation of the so-called “God candle” — a bright technical signal that often foreshadows a sharp rise.

"This looks like the start of something big. I don't want to make any big claims, but all signs point in that direction," Bluntz wrote.

As for Floki Inu, the expert relied on the Elliott Wave Theory, according to which the asset's growth occurs in five phases, followed by three-wave corrections. At the time of the analysis, FLOKI was in the middle of this model, which, according to Bluntz, indicates that the growth cycle has not yet been completed.

"Everything is moving exactly the same as before during previous rises. I think the altcoin season has already started," he added.

For Pepe, the analyst also applied the Elliott Wave method and stated that the coin could soon reach $0.00002500, which would be a 65% increase from the current price. Such forecasts caused a wide resonance in the trading community, many of whom began to redistribute capital from BTC to more speculative assets, including memecoins. If these scenarios come to fruition, the altcoin sector could become the main driver of the market in the coming weeks, especially if liquidity remains high and Bitcoin remains in consolidation around the $110,000-$112,000 mark.