The #Bitcoin   halving is now less than 3 months away 💥 N | Kri on Binance Square

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Bullish

The #Bitcoin   halving is now less than 3 months away 💥New ATH incoming? 🚀

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The Altcoin MCap chart is still looking good. It has definitely experienced a major drawdown which is unusual in post-halving Q1. But still there's some hope left. First of all, 20SMA is still holding well which has acted as a bull line during past cycles. Also sentiment wise, the market is back to Q4 2022 levels. I think there are 2 scenarios that could play out there 👇 - Alts start to rebound from April due to QT slowdown and M2/BTC correlation - Alts goes into a more consolidation range similar to 2024 with a blow-off top in Q4. Looking at the Q1 performance, the first one is more likely. If the 2nd one happens, only 10-20 people will be left in crypto. #AmericanBitcoinLaunch #altcoins

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