jaydee_757

Altcoin Season is just getting started!! BULLISH CROSS on weeky!

Long
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Exclude BTC, $ (CALCULATED BY TRADINGVIEW)
SPREAD THE WORD!

Charts explains it. March 2021 is looking EERILY similar to April 2017. After the RSI 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 Stochastic RSI and the RSI 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!

Good Luck!

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:

Comments

best chart ive seen in ages. this is the thing to be watching, the TOTAL MC. love it!
+3 Reply
After alt season there will be the bull run. Btc.d to 50 then when Btc.d closes on a daily above the 50 ema will start Btc bull run ant the top will be when it closes below the 50 ema . Btc.d will go from 50 to 59,30 then back down to 42.30. Once Btc finishes his bull run rebuy alt and sell at 42.30 then the bear market
+1 Reply
Your greedy my man , i think im gonna sell :p
Reply
How many trillions MC do you expect at the peak of this alt season ?
Reply
Fantastic and very helpful view. I fully agree and thank you for sharing. We have one leg up now and after most probably a deep correction is coming for alts.
Reply
I would move to BTC after achieving your personal targets in the alts. BTCs will be bullish after it gains teritory again up to December.
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Barrabert isk103lI03llt
@isk103lI03llt, I have a feeling, that BTC will go for a deep correction as well later with the alts, so transforming to stablecoins or fiat can be a better idea. We will see. This growth of Btc is not healthy and not sustainable.
+2 Reply