Bitcoin vs. Altcoins š°
Let me break it down for you:
Right now, you still need to put in the effort to identify the best projects. Itās the same story as the last two yearsānothing new here. šµļøāāļø
In the coming months, weāll keep seeing this pattern: Bitcoin's major moves drain the life out of the altcoin market, affecting roughly 95% of altcoins. Again, this has been the trend for two years now.
But hereās the twist: every time Bitcoinās momentum slows, risk-hungry investors shift their attention to altcoins. š The momentum flows thereāuntil Bitcoin starts moving again, pulling back the spotlight.
This cycle will repeat over the next few months, until altcoins eventually outperform Bitcoin across the board.
When will this happen? Most likely, when Bitcoinās momentum stalls over longer timeframes. Picture this: a multi-week or even multi-month sideways period where Bitcoinās price refuses to budge.
Remember the frenzy during that single week of sideways movement below $100k? Now imagine a 3-month range around $150k (just as an example)āa huge momentum shift. ā”ļø Thatās when Altseason takes off. š
Hereās the current reality: itās been less than three weeks since Bitcoin broke out of its 8-month range. Weāve got plenty of trends to go through before we see anything major.
Bless this market. š It will either make you richāor break you. š