@NebulaDream
@nebuladream
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Timing of Altcoin Growth: Altcoins (tracked by TOTAL3) began appreciating in dollar terms even before BTC dominance declined, gaining momentum alongside Bitcoin’s rally. Once BTC.D started falling, altcoins entered an accelerated, parabolic growth phase.
Right now, we’re seeing similar growth across strong altcoins:
BNB: +200% from the bottom
ETH: +170% from the bottom
TRX: +230% from the bottom
LINK: +150% from the bottom
SOL: +1,900% from the bottom
Low-cap altcoins, however, follow their own dynamics, often dependent on specific factors like product, team, listings, and marketing. So, these insights don’t directly apply to any specific low-cap project.
2021 Cycle Variability: The 2021 altseason can be interpreted in different ways. The six-month altseason on the chart could be extended through 2022, suggesting that the 2024-2025 cycle might also stretch over a year. However, each cycle has distinct traits: 0 reply
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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. 0 reply
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