A person who studies crypto thinks small digital money (altcoins) will go up a lot in value soon. They say this because they see a pattern on a chart that happened before when altcoins went up a lot in 2016 and 2021. The person believes this could happen again and the total value of all small digital money could reach $1 trillion. Read from source...
1. The title is misleading and sensationalized. It implies that altcoins are entering a bull market phase, but the article does not provide any evidence or data to support this claim. Instead, it focuses on one analyst's opinion and his chart analysis of an obscure indicator called OTHERS.
2. The article lacks objectivity and critical thinking. It blindly follows the pseudonymous analyst's claims without questioning their validity or relevance. For example, the analyst's prediction that altcoins could rally to $1 trillion during its next bull market cycle is based on a subjective pattern recognition method that has no proven track record or empirical support.
3. The article relies heavily on emotional appeals and fear of missing out (FOMO) tactics to persuade the reader. It uses phrases like "limited time deal", "get this deal", "exclusive news", and "power pro users to win more" to create a sense of urgency and scarcity. This is a classic sales technique that has nothing to do with the actual content or quality of the article.
4. The article contains several grammatical errors and poor sentence structure. For example, the phrase "TechDev’s chart indicates that OTHERS has printed a pattern similar to the 2016 bull market cycle" should be rewritten as "Te
Positive
Key points:
- Crypto analyst expects altcoins to have significant rallies similar to 2016 and 2021
- He is monitoring the OTHERS chart, which tracks the total market cap of crypto excluding the top 10 assets and stablecoins
- The OTHERS chart shows a bullish formation after breaking out from a rounding bottom pattern
- TechDev's chart compares the current situation to the previous bull markets in 2016 and 2021
- He predicts that OTHERS could rally to $1 trillion during its maturity phase