First let's start this post by wishing Merry Christmas to the whole community!
It's yet again the total crypto market cap (excluding the top 10 tokens) that we are looking at as this time we have the strongest possible buy signal on the 1M chart! The 1M MA20 (blue trend-line) has completed a cross above the 1M MA50 (orange trend-line). The last time this happened was during the previous Bull Cycle on the most symmetric time possible, December 2020. In the meantime, the 1M CCI was almost at the same level (around 180.00).
This sense of highly cyclical repetition, indicates that the following months could be as aggressive as January - May 2021 for the market, when it topped on the 1.618 Fibonacci extension from the Cycle bottom. If that feat is repeated, we look towards a 1.65 Trillion market cap in 2025. We can't be more bullish for an upcoming Altseason than that!
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#Altseason #Alts #altcoins #signals #Altcoins👀🚀

as Bitcoin, the dominant cryptocurrency, struggles to maintain its position above the $100,000 mark, leading to concerns about its future performance. Despite this, Bitcoin enthusiasts remain optimistic about the market's potential, forecasting a resurgence in 2025 with the anticipated return of the Trump administration. Meanwhile, many cryptocurrency analysts are shifting their focus toward altcoins, with some experts predicting that these alternatives will take center stage.

According to research from VanEck, altcoins may soon outpace Bitcoin in market dominance. Matthew Sigel, the firm's director of digital asset research, explains that Bitcoin’s liquidity and market cap typically allow smaller altcoins to thrive. As capital flows into the market, the increased risk appetite tends to favor emerging technologies, particularly in decentralized finance, gaming, and NFTs, which fuels the growth of altcoins over Bitcoin. VanEck has also referenced Artemis’s Altcoin Season Index, which tracks the performance of the top 50 altcoins against Bitcoin over a 90-day period. An index reading of 0.6 signals the start of altcoin season, and once it surpasses 0.8, it indicates that Bitcoin profits are moving into altcoins.

This metric offers a distinct perspective when compared to CoinMarketCap’s methodology. For instance, CoinMarketCap defines altcoin season as the point when 75% of the top 100 altcoins outperform Bitcoin over a 90-day window. As of December 4, the Artemis Index hit a peak of 87, signaling a strong shift in momentum toward altcoins. These developments support the growing sentiment in the market that altcoins are poised for a significant run in the near future.

Market experts, including Captain Faibik, have already begun to point to the beginning of altcoin season, with several leading altcoins showing strong potential to outperform Bitcoin. As we move forward into 2025, the stage is set for a dynamic shift, and altcoins like $ETH, $XRP, and $BNB are expected to lead the charge, potentially redefining the crypto landscape.
#Altcoin #Altseason #altcycle #Altcoinseason2024 #Write2Earn!