Just thinking through this idea in regards to BTC.D
In the last cycle BTC.D ramped up to consistently being above 60%, after its June 2020 lows, in the 4th week of October 2020. It ran up to 100% by the end of 2020 and then proceeded to roll over and fall back below 60% by the 3rd week of January 2021. Altseason started at the beginning of February 2021 with ETH & large cap projects. I'd like to think that Altseason officially ended by the end of May 2021 with a wild frenzy into memes (Doge, Shiba, Akita) setting new ATHs.
If we're applying that same logic to this cycle then... BTC.D. will begin its ascent towards 100% dominance by passing 60% by the end of October 2024 (as of today, it's October 30th) and then start to roll over the 2nd-ish to 3rd-ish week of January 2025, to start the New Year! From there we can estimate that Altseason will start sometime around the 1st-ish week to 2nd-ish week of February 2025. It will last until, I'm thinking, the end of April 2025 to middle-ish of May 2025 (at the latest).
Additional Thoughts: We may get a blowoff top scenario by end of September 2025 / October 2025... but that's TBD. I'm not sure a double peak is guaranteed or in the cards this cycle. So, it may be wise to leave something in your bag headed into the end of year (Q3 / Q4), just so you can say mama we made it. IDK - just thoughts and not financial advice.
Resource & Thoughts
Consider the Path to Altseason by Secrets of Crypto
Would definitely have to consider macro, m2 & m3 and the US presidential election
Note
I meant to say that it ran up to 71% BTC.D. So, it should get interesting shortly after the election!
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