Understanding the Hyper Altseason & Lessons in Parabolic Motion
Glossary:
Alteason: When 80% of the top 100 cryptocurrencies overperforms Bitcoin over a period of 90 days, it is generally considered an Altseason.
Parabola: A special curve, shaped like an arch.
Parabolic Market Phases:
- Bowl-shaped Accumulation
- Minor Base Re-accumulation
- Hyper Parabolic Markup
- Hyper Parabolic Distribution + Mark-down
Market Psychology in Parabolic Motion:
- Exponential growth is counterintuitive. So expect the unexpected.
- People usually don't understand exponential growth. Hence, one turns in utter awe, when the market makes such movements.
- When exponential growth takes place people usually underestimate how quickly things can change. So, people wait to anticipate a big drop in price, which never comes.
A hyper-alt season is imminent under the following conditions:
- Bitcoin dominance (BTC.D) falling below 57, and Others (OTHERS.D) dominance going above 12.2
- In total, Bitcoin had 2 complete cycles. Altcoins only participated with Bitcoin in the second cycle, which means Altcoins are one cycle behind Bitcoin.
- If Bitcoin returns 10X in this cycle, altcoins will bring 20X to 100x in this cycle.
- Second cycle or in other words Wave 3 of Elliot Wave is the biggest move of any trend. If this is the second cycle, imagine where this alt season can take us.
My conservative prediction in 2021 for altcoins: 5.1 Trillion Market Cap
What to take from all this:
- Start accumulating altcoins. Add more as the market moves in your favor, add more in reaccumulation phases, make so much money that you can do what you dream about. That's all.
Alteason: When 80% of the top 100 cryptocurrencies overperforms Bitcoin over a period of 90 days, it is generally considered an Altseason.
Parabola: A special curve, shaped like an arch.
Parabolic Market Phases:
- Bowl-shaped Accumulation
- Minor Base Re-accumulation
- Hyper Parabolic Markup
- Hyper Parabolic Distribution + Mark-down
Market Psychology in Parabolic Motion:
- Exponential growth is counterintuitive. So expect the unexpected.
- People usually don't understand exponential growth. Hence, one turns in utter awe, when the market makes such movements.
- When exponential growth takes place people usually underestimate how quickly things can change. So, people wait to anticipate a big drop in price, which never comes.
A hyper-alt season is imminent under the following conditions:
- Bitcoin dominance (BTC.D) falling below 57, and Others (OTHERS.D) dominance going above 12.2
- In total, Bitcoin had 2 complete cycles. Altcoins only participated with Bitcoin in the second cycle, which means Altcoins are one cycle behind Bitcoin.
- If Bitcoin returns 10X in this cycle, altcoins will bring 20X to 100x in this cycle.
- Second cycle or in other words Wave 3 of Elliot Wave is the biggest move of any trend. If this is the second cycle, imagine where this alt season can take us.
My conservative prediction in 2021 for altcoins: 5.1 Trillion Market Cap
What to take from all this:
- Start accumulating altcoins. Add more as the market moves in your favor, add more in reaccumulation phases, make so much money that you can do what you dream about. That's all.
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