ALTSEASON - WHERE?
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.
Nota
ALTCOIN DOMINANCE:Nota
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.
Nota
I'm watching an important areaNota
UPDATE
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.