Wen Alt Szn?

1 Kas 2024

BTC.D has just tested the .618 of its December 2020 long term high, December 2020 marked the beginning of the 2021 alt season. Its December 2020 long term high is the .618 from December 2016, December 2016 marked the beginning of the 2017 alt season.

BTC.D's weekly RSI has entered overbought levels while forming bearish divergence similarly to the December 2020 long term high.

11 Şub

İşlem aktif

If we view BTC.D as a BTCALT pair, on 3 February, we saw a UTAD. We now have a large wick on the weekly combined with associated significant bearish divergence.

The volatile 3 February crypto market devaluation, a capitulative accumulation event for many alts, was exactly 3 years and 3 weeks from the post 2021 bull market OTHERS.D high on 13 January 2022 and exactly 4 years and 1 month from the pre 2021 bull market OTHERS.D low and BTC.D high on 3 January 2021.

I am confident that 3 February marks a long term high and trend reversal date for BTC dominance.