2026 Altcoin Season: Why This Cycle Could Be the Best Time to Buy
Analyst VirtualBacon indicates that altcoins may currently offer one of the best entry points for 2026.
He pointed out that Bitcoin closed above the 50-week simple moving average on August 17, confirming a new bull market trend, and has since remained above this level for the past two months.
From August 17th to September 28th, altcoins rose relative to Bitcoin, but they have since lost some of that gain. The ratio of the total market value of altcoins to Bitcoin's market value has now returned to the level it was on August 17th.
However, the difference between now and then is that the bullish trend of Bitcoin has become more stable, and the pullback from September 25th to October 19th may have ended at a higher low point.
The trend charts of Dogecoin and XRP show that both of these tokens are currently near their low levels after the correction.
In contrast, tokens that have already seen a significant increase in value—such as Venice—carry much higher risks.
The content of this article reflects the author's views on the current market situation. The original text also reminds investors to conduct their own research before making investment decisions; neither the author nor the publisher assumes any responsibility for individual financial choices.
