Briefly and to the point.
Considering the growth of Bitcoin's dominance and the similarity of the charts with the previous cycle, making a new analysis of dominance.
I assume that the coveted altseason will come no earlier than summer.
Next, there will be a correction of altcoins and a new Bitcoin season - the ATH update.
And then the final altseason, which will end the entire cycle.
According to the dates and schedule, everything fits into this scenario so far, I don't see any others, since there are no arguments for the altseason now.
Considering the growth of Bitcoin's dominance and the similarity of the charts with the previous cycle, making a new analysis of dominance.
I assume that the coveted altseason will come no earlier than summer.
Next, there will be a correction of altcoins and a new Bitcoin season - the ATH update.
And then the final altseason, which will end the entire cycle.
According to the dates and schedule, everything fits into this scenario so far, I don't see any others, since there are no arguments for the altseason now.
Note
ALTCOIN DOMINANCE:Note
The only option for the altseason in February is a descending channel on the 1D timeframe.For me, these are more emotions than facts.
The facts so far indicate, as I wrote above, that there will be 2 altseasons like in the last cycle, in the summer of 2024 and in the spring of 2025.
Note
I'm watching an important areaNote
UPDATE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.