BITCOIN DOMINANCE - ALT SEASONS
Following a similar pattern to the previous cycle we expect a flow of money/value from BTC to ALT coins.
This is due to the prominent correction of the BTC value and the need of smart money to maximize their profits by moving funds from BTC to promising ALT coins.
The latter will signify an ALT-Season which will not last for long (a couple of weeks to a month the most) because everyone know that BTC hasn't hit its ATH yet. Thats why i call it MINI-ALT SEASON.
Soon money will flow back to the king and adding to that retails will FOMO in, leading BTC to its new ATH through an impressive final bull-run .
As soon as the top is in and while dump retail money will be still fomoing, smart money will be taking profit and/or moving to lower caps for even greater gains. This final stage will signify the final ALT SEASON and the beginning of the BTC bear market.
blue vertical lines = halvings
purple vertical lines = BTC ATHs
arrows = start points of the MINI-ALT SEASON
This is due to the prominent correction of the BTC value and the need of smart money to maximize their profits by moving funds from BTC to promising ALT coins.
The latter will signify an ALT-Season which will not last for long (a couple of weeks to a month the most) because everyone know that BTC hasn't hit its ATH yet. Thats why i call it MINI-ALT SEASON.
Soon money will flow back to the king and adding to that retails will FOMO in, leading BTC to its new ATH through an impressive final bull-run .
As soon as the top is in and while dump retail money will be still fomoing, smart money will be taking profit and/or moving to lower caps for even greater gains. This final stage will signify the final ALT SEASON and the beginning of the BTC bear market.
blue vertical lines = halvings
purple vertical lines = BTC ATHs
arrows = start points of the MINI-ALT SEASON
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