Hey traders, listen up. If you’re diving into heavy leverage right now, tread carefully. What we need for Bitcoin to really take off is a solid flush in altcoins.
Bitcoin dominance is likely to spike in the next couple of weeks, regardless of whether BTC breaks out and rallies or retraces to test that $60K support. And you know what? The BTC dominance chart is echoing the same sentiment.
I’ve got my eyes peeled for the real alt season, and it’s not happening until after the halving. That’s not just a hunch, it’s a fact.
Personally, I’m playing it safe with altcoins until the halving hits. The only ones I’m touching right now are in the TON ecosystem and BRC20 ecosystem along with a sprinkle of fresh meme tokens
So here’s the deal: don’t expect a ton of alts to outshine BTC in the next two weeks.
History’s shown us that both in 2016 and 2020 so Hold off on those fresh alt trades if you’re planning to open any and exercise some patience. Trust me, it’ll pay off in the long run.
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"Disclaimer:
This post is for educational purposes only and I am not your financial adviser. It is not financial advice. Please always conduct your own research and analysis before investing in any cryptocurrency or relying on the information provided. The content is based on data available as of [current date], and market conditions may change rapidly. Invest wisely and consider your risk tolerance before making any investment decisions.
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