Alts and memecoin gains for this year
Updated
The chart analysis indicates a bullish trend for altcoins and memecoins up until December 1st, supported by the anticipation of rate cuts in September. This aligns with the concept of left-translated cycles, where market cycles peak earlier. Investors should prepare for potential significant gains but remain cautious of the inherent volatility in the crypto market.
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The start of this post did mark the low of this summer, but the explosive bullmarked has been slower than i antisipated. Now it looks like a 3rd and vertical angle is set, but i belive it will not top until Q1-2 next year.
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