Altseason

1: the best time is ahead.

Each asset class follows similar cycles and range of price movements.

After the bear market, it levels out below the range, restores it and forms a higher maximum with a breakthrough in the market structure.

Then follows a higher minimum, which leads to a parabolic bullish movement to the maximum of the range and the opening of the price.

Monflow cycle in cryptocurrency:

1. Bitcoin is pumping and again attracting people’s attention to cryptocurrency. Bitcoin leads the bull market and will first reach the maximum range, while most altcoins initially bleed against bitcoin.

2. Altcoins: while bitcoins grow to the maximum range, they lose the «value of bitcoin» as dominance grows

3. After the new highs of bitcoin: altcoins begin to grow. This is followed by the total market capitalization

4. The money store is growing in BTC, ETH, Ripple and other major cryptocurrencies.