🔥INCREDIBLE🔥
🚀This ALTSEASON could be the MOST BRUTAL of ALL
👉3 factors combine to boost #cryptocurrencies
1- Institutional saturation of bitcoin
▪️With the arrival of bitcoin ETFs on Wall Street in January of this year, institutions have channeled large amounts of capital into this asset
▪️The#BlackRockspot ETF already has +500,000 $BTC, that is, +3% of the total supply
▪️Such a level of concentration, in addition to endorsing institutional adoption, generates a feeling of saturation
▪️The PROFITS generated with#Bitcoinare going to start being reinvested in#altcoinsin search of better returns
2-Regulatory clarity in the United States
▪️With the position The new Donald Trump administration's pro#cryptocurrencyapproach is expected to be more favorable to the sector
▪️There are 16#cryptocurrencyETFs waiting to be APPROVED
▪️This change reduced uncertainty, creating a positive environment for cryptocurrencies, remember that uncertainty is the worst thing for the market
3-The rebirth of the “dinosaur cryptocurrencies”
▪️The rebirth of the dinosaur cryptocurrencies, as some projects are called due to their age, is marking the arrival of the altseason.
▪️Veteran projects such as: $XRP from #Ripple, Stellar ($XLM), Hedera ($HBAR) and Algorand ($ALGO) are leading the resurgence
💥With bitcoin dominance falling, altcoins reaching new all-time highs and the Altcoin Season Index, the ALTSEASON can be considered to have begun