#ALTCOINS Analysis 10/14/2024
ALTS, the recovery of#altcoinsis really good, even though some are still very slow, we can see that some are already above the prices of their falls, and soon we should have the entire altcoin market doing the same.
With Bitcoin's dominance so high, it is still difficult for altcoins to rise with more force, and today we had this rise, despite the high dominance because we are seeing new money entering the market, which is a positive sign and that is what we need to start the altcoin race.
We made a good recovery from $893.31B and are now going after $960.736, which should make it difficult for us to break through there, so we should have a small pullback in altcoins, so that we can continue later.
Observe the price action in the blue circle, that is the key level here.
We are about to break out of this bearish trend that we are in on the higher time frames, and when that happens...you will not be prepared for the real bull market, things will get crazy.
I said last time that they should have bought at those prices, so...any pullback here, is still an opportunity to get in.
I am very BULLISH on#ALTCOINSand in the next few weeks you will see why..
