🚨 Here is why??? 🚨
$BTC is almost at the $100K mark but is your portfolio still flat or even down likely because you’re holding utility coins that are lagging or didn’t get lucky with memecoins.
So, when will things change & utility coins move?
BTC dominance is still making new highs almost every week, which is causing even more carnage.
Most people are expecting this cycle to be a Bitcoin-only season, but unfortunately, they'll be wrong again.
Let's take a look at several factors which indicate your alts bag moon journey will start within 4-6 weeks.
➔ 1) Altcoin MCap golden cross
Altcoin MCap just had its first golden cross in 2 years.
The last time this happened, Altcoin MCap pumped nearly 300% in 12 months.
Current Altcoin MCap: $1.2T
Altcoin MCap after a 300% gain: $5T
Imagine the pump when this happens—your altcoin bags will go to the moon.
➔ 2) Altcoins volume going up:
Altcoins' weekly volume has reached $300B for the first time since 2021.
Tokens like $SOL , $XRP , and $DOGE (retail favorites) are experiencing a massive surge in their trading volumes.
But there's one more thing that is even more interesting.
Bitcoin's volume dominance relative to the top 50 altcoins (excluding stablecoins) by market cap has reached 41%, its lowest level since 2022
➔ 3) Here's the TLDR:
BTC dominance is going up.
Total volume is going up.
Altcoins' volume is going up.
Altcoins' volume dominance is going up.
This only means one thing: Alts will soon start to outperform as liquidity has started to flow into them.
➔ My Final Thoughts:
Since 2021, we have all been waiting for a full-blown Altseason.
We saw some glimpses in Q1 2024, but the biggest one is yet to come.
I know most people are tired of hearing about the upcoming Altseason, but believe me, it will happen soon.
2025 will be the year of alts, don't be spectator. Take action with conviction. 💪