The Altcoin Season Index has formed a bullish inverse head & shoulders pattern over 3.5 years.
Analysts predict that most profits in this cycle will come from the altcoin market in the coming weeks.
Investors are watching closely as altcoins are poised for a breakout following Bitcoinâs market dominance.
The cryptocurrency market may be in for a breakout as the Altcoin Season Index has formed a bullish inverse head-and-shoulders pattern over the past 3.5 years. This strong bullish signal presents a prime opportunity for investors seeking altcoin momentum.
#Altcoins
Friendly Reminder
The Altcoin Season Index is forming a bullish Inverse Head & Shoulders-Pattern over 3.5 years and is about to break out.
Most of the money in this cycle can be made in the next few weeks and months ahead. pic.twitter.com/ruHEof8iK6
â đđ đŠđ€đ„đđâđ (@el_crypto_prof) October 6, 2024
The Altcoin Season Index, which tracks altcoin performance relative to Bitcoin, has completed a highly bullish inverse head & shoulders pattern over 3.5 years. This technical pattern often signals the start of a strong upward trend. With altcoins nearing a breakout, investors aâŠ
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