Altcoin Season is just getting started!! BULLISH CROSS on weeky!
Charts explains it. March 2021 is looking EERILY similar to April 2017. After the cross, altcoins (excuding bitcoin ) increase by 18,000%+ that lasted 9 months!! It looks like we are following almost the EXACT same pattern to the T!!
The April 2017 and March 2021 and the both have SIMILAR structure as well.
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT , BCH, ADA, LTC, NU, LINK, and ALGO are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Be fearful when others are greedy, and greedy when others are fearful! - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
Please check my Bitcoin Dominance ( BTC .D) chart below: