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BULLISH:
#Bitcoin’s
market cap hits 14% of gold’s, a new all-time high in the race against the precious metal.
$BTC
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ALTSEASON IS HERE! It's interesting how the pattern from the previous cycle is repeating itself: ➣ After #Bitcoin reached a psychological level, the crowd began to expect an altseason and then we are being disappointed (buying $ETH , $SOL , and altcoins was not a mistake), but I see a lot of fear. So point 3 worked. ➣ At the same time in 2020, the market was in consolidation. After $BTC updated its ATH, which was accompanied by a final peak at #BTC Dominance and the beginning of a major altseason. ➣ I can't know what will happen with 100% probability, but I assume that we are still at the beginning of the altseason. ➣ So far, it seems to me that something similar to what was already on the charts is happening - the 5 mark is in the range of 3 weeks from the current values, this is approximately January 14, 2025. #BinanceAlphaAlert
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here’s that fractal overlayed on $OTHERS very interesting indeed would point to bottom now/very soon, then next week being slow and choppy, then rip hard af new years to inauguration aligns with my current thesis let’s see 👀 #MarketPullback
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