Bitcoin is on the verge of a breakout, the altcoin season is coming!
Bitcoin Breakthrough Approaching
Bitcoin has been setting new daily highs recently, just over 200 dollars away from its all-time high. If it breaks through 110,000 dollars, it could quickly surge to 120,000 or even 130,000! Therefore, the current momentum for Bitcoin is very strong.
Market Share Rebound
Bitcoin's market share has rebounded to 58%. If it continues to rise and breaks through 60%, we may see the final wave of gains. When Bitcoin's market share reaches a high and starts to decline, the altcoin season will be upon us.
A Good Opportunity for ETH
Currently, the ETH/BTC ratio is around 0.037, which means ETH is relatively cheaper compared to Bitcoin. This is a great opportunity to gradually exchange Bitcoin for Ethereum in preparation for the upcoming altcoin season. The leading altcoin is likely to explode in the near future.
Stay Patient, Don’t FOMO
Although the market is very hot, you need to stay calm and not blindly follow the trend. The bull market has just begun, and there is still a lot of room for growth.