Finally after a long wait, alt season is officially here.
With Nasdaq shrugging off coronavirus and Tesla went parabolic, capital will indeed flow into riskier asset including crypto.
The current setup for altcoins are more bullish than 2019 March-April setup whereby Altcoins are showing some strength versus Bitcoin, later to be crushed by BTC.
When crypto shills talks about "There Will Never Be Another Alt Season".
These are people who constantly got it wrong about the market, it is something to think and consider.
Market and human natures move in cycle. To say in absolute terms are a joke.
Human emotions and behaviours are usually a contrarian indicator.
Which led me to believe that an alt season...
price has broken through a key structure already created multiple touches within the structure and as well it has respected the 23.6 support and resistance and as well price has broken through the trend line, closed above the previous high so that's a break of structure and as well price has created a triple bottom at a key area so this is indicating to me that...
At the third attemp, it inally made it
BTC Dominance renentered the triangle (see the related idea below), I expect to grow a little further to 65-67%, then down again for a new alt season that will signal the real beginning of the bull run