🌤 GM Bitcoin 94k
🔹 $BTC decreased by 5% last night but altcoins only adjusted slightly and seemed to recover immediately with a few long-wicked candles on the smaller time frames.
🔸 The Altcoin Season chart surged to level 51, which means we are very quickly approaching the confirmation level for altcoin season at 75. Many other indicators also support this, such as BTC.D dropping to 58.5% and TOTAL3 (altcoin market cap) continuing to rise this morning.
🔹 The fact that altcoins are holding their value very well, and even increasing against Bitcoin's correction, may come from Bitcoin holders taking profits on BTC and heavily investing that capital into altcoins.
📈 Are we preparing for the most beautiful season of the crypto market, my friends?
