Bitcoin and Altcoin Season Outlook
Current Status:
• Bitcoin is overbought.
Market Forecast:
• Anticipate a decline in Bitcoin dominance.
Implication:
• Expect significant inflow of cash into altcoins.
Market Potential:
• Total market cap for altcoins could reach between $3 trillion and $4 trillion.
Conclusion:
• Prepare for an altcoin season.
Current Status:
• Bitcoin is overbought.
Market Forecast:
• Anticipate a decline in Bitcoin dominance.
Implication:
• Expect significant inflow of cash into altcoins.
Market Potential:
• Total market cap for altcoins could reach between $3 trillion and $4 trillion.
Conclusion:
• Prepare for an altcoin season.
JOHN SMITH
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.
JOHN SMITH
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.