Svenson’s confidence in the upward trajectory of altcoins is primarily rooted in the recent fluctuations in the prices of Bitcoin and Ethereum. He highlights the fact that Bitcoin has veered away from its previous upward trend and is now experiencing a period of consolidation. In contrast, Ethereum, the prominent altcoin, continues to exhibit exponential growth. According to Svenson, this discrepancy signifies a pivotal moment where altcoins may begin to close the gap with Bitcoin. Stay updated with the latest tech news by visiting Access NEWSLINKER.