The biggest shock to everyone is going to be the price of BTC going DOWN while ALTS skyrocket 🚀
As I have discussed in my macro thesis, the DXY is FINALLY breaking down on the Weekly along with the 10Y.
RSI has topped and Price broke below the WMA9 & 20.
Just waiting on the WMA9 to break below the WMA20 for final confirmation.
Historically when this happens... it’s ALTSEASON BABY!!! 🥳
After this happened in March 2017, BTC and ALTS pumped together, then BTC went down 33% while ALTS exploded higher over a 3 week period before BTC rallied alongside again.
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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.