I woke up this morning to the sound of my crypto-obsessed neighbor yelling at his computer screen. I’m pretty sure he’s been waiting for the altcoin season to start, and according to some analyst on X, it’s just around the corner. 🤞
Apparently, Bitcoin is still trying to figure out if it wants to be above or below $105,000, while Ethereum is just chillin’ at $2,500. Meanwhile, altcoins like Solana and Dogecoin are just sitting there, waiting for their turn to shine. But don’t worry, folks, the analyst (aka Prometheus) has got some charts to back up his claims. 📊
So, here’s the deal. The $TOTAL3ESBTC chart (try saying that three times fast) shows that we’re due for a deviation below cyclical range lows, which is just a fancy way of saying that Bitcoin is about to take a breather and let the altcoins have some fun. 🎉
This isn’t the first time this has happened, of course. In 2018 and 2021, we saw similar deviations, followed by an “aggressive rebound” in the alt market (aka the “money printer” phase). And let me tell you, it was a wild ride. 🎢
But don’t get too excited just yet. The analyst warns that we need to wait for Bitcoin to cool off a bit before the altcoin rally can really take off. So, if you’re thinking of jumping into the altcoin market, just remember: timing is everything. ⏰
As I write this, Bitcoin is trading at $104,730, and its market dominance is at 64.0%. But hey, who’s counting? 🤑 The real question is: are you ready to make more money than you know what to do with? 🤑
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2025-06-20 04:53