🔮 Crypto Flash 🔮
🔸24 hours🔸
-BTC: hold
-altcoin: sell
🔹Bitcoin dominance is high, and extreme greed suggests the possibility of short-term volatility, making it prudent to hold Bitcoin. Altcoins are underperforming and are unlikely to see gains in such a market environment, making selling a better option.
🔸1 week🔸
-BTC: hold
-altcoin: sell
🔹The market remains in a Bitcoin Season, where Bitcoin outperforms altcoins. With altcoins continuing to lose ground relative to Bitcoin, holding BTC and selling altcoins seems to be the most practical strategy.
🔸1 month🔸
-BTC: hold
-altcoin: hold
🔹A period of consolidation may begin as the market stabilizes. Bitcoin dominance could pause, and some altcoins may start to regain momentum, suggesting a neutral stance by holding both is appropriate.
🔸1 year🔸
-BTC: buy
-altcoin: hold
🔹Bitcoin sets new highs over a longer-term horizon during market cycles, supporting a buy strategy for BTC. Altcoins often perform better during Altcoin Season, but their recovery typically follows Bitcoin’s lead, making holding them a reasonable approach.