1. BTC.D
Do you remember what BTC.D represents? The higher the value, the more the market is dominated by BTC, while the lower the value indicates dominance by altcoins.
Looking at the weekly level, in the past, every time after BTC halved, it took about 224 days for the market share of altcoins to increase. This pattern has been consistent for the last three occurrences. If this bull market follows the same pattern, everyone, this moment is the starting point for altcoins.
Currently, everyone is waiting for BTC to surge to 100,000. Historical data and experience tell us that BTC needs to lead the charge before altcoins can follow.
At present, BTC.D has also broken below the upward channel. Personally, I believe that starting in December, it will mark the beginning of explosive growth for various altcoins. Everyone can start positioning their favorite coins, and the purpose of this message is to hope that we won't have to wait another 4 years. Let's seize this crazy upward phase.
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2. Monthly Level Trends of BTC
From the previous text, we know that altcoins are about to start a massive surge. If you are holding a lot of USDT but are troubled about when to enter, you can refer to the following perspective.
Looking at the monthly level for BTC, there is usually a wave of decline at the beginning of each month. For example, at the beginning of November, BTC dropped from 73,700 to 67,000, and then with Trump’s election benefiting the market, historical data tells us that when BTC breaks through its all-time high, the monthly level tends to rise with 4-6 consecutive bullish candles. Right now, we are only seeing the first one. What do you think? #BTC☀ #山寨季何时到来?
Therefore, if there is a pullback or a spike to clear leverage at the beginning of December, absolutely do not hesitate and just get in; what awaits you at the end of the month is a surging market.