See original
LIVE
Quinten Francois
--
I can’t help but have the gut feeling we’ll see the following scenario soon:
-> $BTC drops back to $85k - $90k
-> altcoins drop 30%+
-> $BTC stabilizes
-> altcoins start pumping hard
What we have seen recently is a little appetizer for a real altseason. To have a real one we first need to see $BTC go down ~20% from ATH and chill, see a lot of blood for altcoins and then we go.
Right now with BTC sitting close to ATH, we simply don’t have the right ingredients to cook the best version of an altseason.
-> $BTC drops back to $85k - $90k
-> altcoins drop 30%+
-> $BTC stabilizes
-> altcoins start pumping hard
What we have seen recently is a little appetizer for a real altseason. To have a real one we first need to see $BTC go down ~20% from ATH and chill, see a lot of blood for altcoins and then we go.
Right now with BTC sitting close to ATH, we simply don’t have the right ingredients to cook the best version of an altseason.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 2
Quote 1