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@EtherealVoyage
@etherealvoyage
BTC/USDT 1d 👑 Chart link Historically, altseason has always begun after Bitcoin breaks its previous ATH. In this cycle, Bitcoin had a false breakout at the $73k ATH level and then returned below it, leading to a long 7-month sideways movement in wave (iv). After a true breakout in wave (v), I expect liquidity to flow into altcoins. Dominance is already at 60%, which is quite high. By the end of the trend, I anticipate dominance dropping to the 40-30% range. If this shift happens quickly, within 3-5 months, and wraps up by spring 2025, I believe it would mark a logical end to the trend
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