Crypto analyst Mags, who uses the alias @thescalpingpro on X (formerly Twitter), has forecasted significant rallies for Bitcoin and altcoins.
Contrary to the constant pessimism of perennial bears, Mags views the recent altcoin pullback as evidence of a reaccumulation phase, preparing for a bullish breakout.
He uses the altcoin market cap chart to substantiate his position and believes both Bitcoin and altcoins are poised for substantial gains.