#ALTCOINS Analysis 11/14/2024

ALTS, I know that the vast majority of people are upset that we did not have a quick continuation of the last +60% movement that we had, however, we can see that despite the dominance of #btc being very high, altcoins still preserve more than 30% of profits from the last movement. This is evident by the fact that in this chart we did not fall below the old resistance at $1.088T.

The rotation of smart money here is taking time because we are clearly witnessing an institutional FOMO around Bitcoin, which is understandable given this unique moment that we are living in Crypto with the election of Trump and of course, concrete actions by Saylor to encourage large Companies to Buy Bitcoin, and also several large Financial Advisory Offices making it clear that their clients should buy Bitcoin.

So these factors and many others are making big players stay longer with their money in BTC, but that will start to change as we move too far away from the old ATH at $73K.

See, in the last analysis I mentioned that we needed a pullback and we got a pullback, so I think this is the time for another jump to continue the rally.

The real party will start when we break this red band on the chart, gentlemen...be prepared for some good profits soon.

We are very close to the weekend, so I don't think we will hit the red band this week, but next week we will certainly do so, I am confident!

There are several good altcoins that are already forming good BUY setups, so take the time to find those that are and get in IF YOU HAVEN'T ALREADY!

Prioritize the sectors;

-IA

-RWA

-DEPIN

Good luck to all of you!

* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.