With $BTC above $100,000, that's just perfect.
The higher #Bitcoin rises, the stronger alts will pump.
Here are my thoughts and what to expect next:
This cycle is unique, and Bitcoin dominance could hinder altcoin growth around the 55% mark.
If so, this might be the last chance to buy alts for potential 10-100x returns or more.
➜ If we see a drop in dominance to 40% over the next two months, it will trigger a full-blown altseason, which will run through the end of January - early March (Historically, the altseason has lasted 2-3 months).
➜ If a large-scale altseason begins in the spring of 2025, expect a few more shocks and pumps beforehand. Consider these shocks as last chances to buy alts at lower prices if you still don't have full positions.
Selling on dips to secure a lower price can be a mistake; the price may not drop further, leaving you without a position.
Regardless of which alt season scenario unfolds, expect a powerful alt season that could generate unprecedented FOMO.
- Your portfolio should consist of strong alts that you are confident in
- Don't jump on new coins if yours haven't pumped yet
Currently, the best strategy for your long-term portfolio is to delete your wallet app if you're increasingly tempted to sell something.
And lastly, remember:
- Bitcoin has surged to $150,000, but you didn't buy it?
- ENJOY: Altcoin prices will be pumped even MASSIVELY
