#BitwiseBitcoinETF
ALTSEASON ALERT: The Biggest Buy Signal is Here! 🚀 🔥
Guys! It’s a festive season, but the charts are delivering an even bigger gift – the strongest possible buy signal on the 1M chart for altcoins! 🤑
🔍 What’s Happening?
The 1M MA20 (blue trend-line) has crossed above the 1M MA50 (orange trend-line) – a signal we haven’t seen since the December 2020 Bull Cycle!
Back then, this signal led to an explosive market rally from January to May 2021.
Today, the 1M CCI (Commodity Channel Index) is at a similar level (~180.00), setting the stage for a potential Altseason.
📈 What’s Next?
If history repeats itself, we could be looking at:
A 1.65 Trillion total market cap (excluding the top 10 tokens) by 2025.
A rally comparable to the 2021 Bull Cycle, driven by aggressive growth in altcoins.
🎯 Why You Should Care:
The Fibonacci 1.618 extension from the Cycle bottom aligns perfectly with this target.
Altcoins are primed for massive gains as the market enters its next growth phase.
✨ Get Ready for Altseason:
1️⃣ Keep an eye on the charts – the signals are clear!
2️⃣ Diversify into promising altcoins.
3️⃣ Stay informed to ride the wave.