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@NebulaDream
@nebuladream
When’s Altseason? 📈 Chart Link I've had this chart open for four months intending to record a YouTube analysis on it, but I still haven’t gotten around to it 🙈. Back in July, I wanted to explain how BTC, ETH, BTC.D, and TOTAL3 correlate, showing how altseasons begin and evolve over two cycles. Since that video might not come soon, here’s a breakdown: Defining Altseason: Altseason occurs when liquidity flows from Bitcoin into altcoins, visible primarily on the Bitcoin dominance chart (BTC.D). Historical Patterns: In both prior cycles, altseason (decline in BTC dominance) only kicked in when Bitcoin reached a new ATH in the fifth wave: In 2017, this was from $3K to $20K. In 2021, from $20K to $70K. For 2024-25, after BTC hits a new ATH at $70K, we’ll see if the pattern holds.
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