This My Thesis on Altcoin Season: When Alt Season???
Yesterday, we had some scary dips in the crypto market, and many people switched to panic mode, they felt the bull season was over.
Well, the bull season is barely 1 year and 3 months old, and it is difficult to call the top when some historical patterns are yet to be seen in the market.
When Bitcoin is pumping, a couple of altcoins are yet to pump as much as
BTCUSD , and when Bitcoin dips, they dump harder. This has left a lot of newbies in confusion lately.
They are beginning to lose hope in their altcoin bags. Suppose history is an important factor in investment. In that case, it is correct to say that BTC will soon lose its dominance at 68-70%, and there will be a capital rotation into viable altcoins that have strong communities, utilities, and better technologies.
Observe the chart, I used a weekly timeframe so that you will have a better grasp of what is happening in the market.
BTC will likely squeeze out more capital from altcoins before it reaches the peak of its dominance.
Brace up, invest smartly, and most importantly take profit with wisdom and be patient with your moon bags.
Data don't lie, but if that is not the case this time, I will be glad to embrace my mistakes.
What mistake?
The mistake of depending too much on historical data and not admitting that history, sometimes, does not usually repeat itself.
For now, enjoy the flow of the market.
Cheers to 2025! It was an incredible year for us.
Do you like this analysis? Share with your friends, like the analysis, and follow me for more.
Do you have a contrary opinion? Leave a comment down below, you can present your case without insulting anyone.
Well, the bull season is barely 1 year and 3 months old, and it is difficult to call the top when some historical patterns are yet to be seen in the market.
When Bitcoin is pumping, a couple of altcoins are yet to pump as much as
BTCUSD , and when Bitcoin dips, they dump harder. This has left a lot of newbies in confusion lately.They are beginning to lose hope in their altcoin bags. Suppose history is an important factor in investment. In that case, it is correct to say that BTC will soon lose its dominance at 68-70%, and there will be a capital rotation into viable altcoins that have strong communities, utilities, and better technologies.
Observe the chart, I used a weekly timeframe so that you will have a better grasp of what is happening in the market.
BTC will likely squeeze out more capital from altcoins before it reaches the peak of its dominance.
Brace up, invest smartly, and most importantly take profit with wisdom and be patient with your moon bags.
Data don't lie, but if that is not the case this time, I will be glad to embrace my mistakes.
What mistake?
The mistake of depending too much on historical data and not admitting that history, sometimes, does not usually repeat itself.
For now, enjoy the flow of the market.
Cheers to 2025! It was an incredible year for us.
Do you like this analysis? Share with your friends, like the analysis, and follow me for more.
Do you have a contrary opinion? Leave a comment down below, you can present your case without insulting anyone.
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