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CryptoMaksymus
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📊 Inflows/Outflows of
Bitcoin
and
Ethereum
ETF 2024-12-03
💰 BTC ETFs : -$17.3M 📉
💰
ETH
ETFs : $67.3M 📈
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Altcoins in pairs against BTC are beginning to break through long-standing resistance. Bullish
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Last cycle, once we entered the territory of "altcoin season", we stayed there for 88 days. At the moment we are there for only 5 days. The longer we stay in this zone, the better the results. Altcoins show the best profits in the last 30 days. 5 days is just a warm-up.
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#BitcoinPeak Key indicators of the peak of the Bitcoin cycle Bitcoin Price: $101,000 Pi Cycle Top Indicator: 53% RUPL/NUPL Chart: 95% RHODL Ratio: 100% Puell Multiple: 86% 2 Year Moving Average: 100% Bitcoin Trolololo Trend Line: 61% MVRV Z-Score: 85% Reserve Risk 63% Woobull: 76% Overall: 80%
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Every time in history, as soon as Bitcoin breaks the 70 RSI level, the best part of the bull run happens.
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The real fun won't start until altcoins break their previous ATH. Last time they were up 525% since the ATH breakout in 2017. If this time they make at least HALF of it, the market capitalization will be 1.75 trillion dollars (for altcoins WITHOUT the 10 largest). Can you IMAGINE what would happen to the small and mid cap coins in this case?)
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