Crypto analyst Miles Deutscher identifies a bullish flag pattern forming on lower time frames among altcoins. This pattern indicates short-term fluctuations within a narrow range, but overall, suggests a potential upward surge for altcoins.
The analyst expresses optimism based on higher lows observed in altcoin trends, forecasting a post-election breakout. This trend indicates that while prices may vary slightly in the short term, a longer-term bullish pathway is being established.
Given past market behaviors, the anticipation surrounding post-election periods is driving expectations of a significant move similar to the explosive bull runs seen in previous years. This uptrend aligns with historical data where elections have impacted cryptocurrency prices.
