Crypto experts say the rise is over and the game is over for $BTC and altcoins.🤷♀️⚠️🚀⚠️
But those who say this are missing something. I examined all the data. What I found will shock you.
When and why BTC and altcoins will explodeWe have now experienced a 15-week consolidation and a 13% decline from the highs.
This decline is expected to follow a roughly 2x move from the recent lows in January. Although it may sound frustrating and boring, this phase is a natural part of the process. Technically, the current cycle is very similar to the 2017 and 2021 bull runs
.We are now in the accumulation phase:
💎It took ≈ 4 months in 2016
💎In 2020, ≈ 5 months
After exiting the accumulation phase, a parabolic movement usually occurs. Another factor is the US elections in November 2024. Crypto is now an important part of politics, especially Trump even says that Biden will end his war against crypto. Such great support from the US government is all It means a big boost for the market.
Finally, dominance has formed a range between this 53.9% and 57% since April. When dominance starts to decline and falls below this range, this will be an excellent signal for the upcoming alt season.❤️😽💕
#CryptoTradingGuide #BinanceTournament #Binance #btc #Bitcoin $BTC