Crypto analyst Nicholas Merten posits that Bitcoin holds the key to igniting an altcoin supercycle. He argues that for a significant rally in altcoins to occur, Bitcoin must first reclaim crucial support levels.
Merten, who is the creator of the DataDash YouTube channel, emphasizes the importance of Bitcoin breaking through its long-term moving averages.
His analysis comes at a time when traders and investors are eagerly watching market movements, hoping for signs of a broader altcoin rally.
