Altcoin Season: Are We Standing at the Edge of a Crypto Tsunami? 🚀
Throughout 2024, one burning question has haunted the market: “Does Altcoin Season still exist?” For two long years, capital has been almost entirely “locked” into $BTC , and confidence in an Altcoin season has slowly faded. But... everything has changed.
⭐ The Key Lies in the BTC.D Indicator.
Take a look at the weekly BTC.D chart (see chart below): Since late November 2022, BTC.D has formed a perfect double-bottom pattern and maintained a strong upward trend for two years, firmly supported by the MA20 line. This indicates that capital has overwhelmingly flowed into $BTC , leaving most Altcoins neglected.
💥 But then everything shifted in late November 2024.
For the first time in two years, BTC.D broke below the MA20 support (a confirmed breakdown, unlike the false ones in August 2023 and January 2024). Although there was a brief recovery, the weakness persisted as the weekly candle closed below MA20 once again, officially forming a double-top pattern. With this pattern, there's an 80% probabilitythat BTC.D has peaked around the 60% zone.
What does this mean?
Capital is preparing to flow out of Bitcoin and flood into Altcoins. The Altcoin Season tsunami is looming, and you might already be standing on the shore without realizing it.
But what about the remaining 20% probability?
Historically, BTC.D has occasionally formed a triple-top pattern before a full reversal. While this scenario could repeat, the probability remains low. Regardless of the outcome, one thing is certain: Altcoin Season is right in front of us.
The Altcoin market is about to enter one of the most explosive phases in history.
Are you ready?
