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๐ช๐ฒ ๐๐ฟ๐ฒ ๐ผ๐ป ๐๐๐๐ฝ ๐ผ๐ณ ๐๐ป๐ผ๐๐ต๐ฒ๐ฟ ๐๐๐น๐น ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐?
Alts are almost at the cusp of a new uptrend. We are certainly enjoying such a period right now, following a $BTC halving-inspired run from $3K to $18k in a few months.
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Alts are almost at the cusp of a new uptrend. We are certainly enjoying such a period right now, following a $BTC halving-inspired run from $3K to $18k in a few months.
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Ofcourse I am not a technical analyst expert like some people I follow @jackis_trader and @DarkMatter_CO , just sharing my views based on past experience and fundamentals.
I believe we are going to see massive gains across the board in the coming months!
I believe we are going to see massive gains across the board in the coming months!
Crypto Mcap is ATH money has to go somewhere, and itโs clear that rather than leaving the ecosystem, as has happened in bear cycles after 2017 bull run, it has filtered down into alts, bypassing the big caps which enjoyed a recent run now will go into midcap and low cap coins
This illustration Money Flow In Crypto
by @rektcapital explains well.
Big mcap coin like $BTC $ETH will fuel the next altcoin season.
Fact: @DJThistle01 was the first person to coin the term โaltseasonโ.
by @rektcapital explains well.Big mcap coin like $BTC $ETH will fuel the next altcoin season.
Fact: @DJThistle01 was the first person to coin the term โaltseasonโ.
We can see, $BTC dominance has been in a general downtrend after topped out at $20K in December 2017.
I believe $BTC.D a pullback is an imminent rejection at the trendline after a month of rally to support a level of 48%-55%.
All the money that has been made on Bitcoin flows into alts, moving the entire market. 2017 altseason was a prime example of bullrun.
it may take time alts unlikely to run massively while #Bitcoin
is actively moving.
it may take time alts unlikely to run massively while #Bitcoin
is actively moving.
#Bitcoin to eventually will cool off before alts can start pumping, and with upcoming festivals more appealing enjoying the festivities in the middle of an alt season is real comifying
to eventually will cool off before alts can start pumping, and with upcoming festivals more appealing enjoying the festivities in the middle of an alt season is real comifying
