- The altseason’s chances took a hit after the launch of TRUMP. 💥
- Bitcoin making new highs might mean more capital for altcoins… if we’re lucky. 🍀💰
Dear crypto enthusiasts, gather ’round! It seems the elusive altcoin season has decided to play hide-and-seek once again. 😕 The altseason index chart and other metrics have been showing us the cold shoulder lately.
Altcoins have been feeling the chill, and Bitcoin [BTC] hasn’t exactly been setting the world on fire either. 🌋🚫
Remember those good ol’ days in January and December 2024 when the altcoin season reading surpassed 75? Those were the days, my friend. We thought they’d never end. 🎶…
But alas, the past 48 hours brought a new challenger to the scene. The Official Trump [TRUMP] memecoin emerged from the shadows and sucked all the liquidity out of the market like a crypto black hole. 🌌💰
With a market cap reaching nearly $19 billion in just a day, it’s no wonder altcoin holders were tempted to sell off some of their stash to jump on the TRUMP train. 🚆🚀
Now, let’s talk about the chances of an altseason in Q1 2025. Drum roll, please! 🥁…
The Bitcoin Dominance chart is a handy little tool that shows BTC’s share of the total crypto market cap. When it goes up, altcoins cry; when it goes down, altcoins dance. 🕺…
In November, the BTC.D faced a harsh rejection from just above 60.5%. It dropped to 55% but tried to climb back up in December and January. 🐢…
However, the recent uptrend met a long-term resistance zone around the 60% mark. So, if the BTC.D gets rejected from 60.5% while altcoins are soaring, we might finally see some altseason action. 🎉…
The altcoin market cap (excluding BTC and ETH) has been stuck in a range since December. The TRUMP launch dealt a blow to TOTAL3 from the range highs. 😬…
But hold onto your hats, folks! BTC’s 6.8% bounce from $101.3k to $108.2k has given altcoins a boost. 🎢…
For more on Bitcoin [BTC] Price Prediction 2025-26, click here.
A TOTAL3 breakout and a BTC.D downtrend would be the signs we’ve all been waiting for. Until then, keep the faith, dear holders. 🙏…
Researching the tokens you hold can help you stay strong in these trying times. 💪…
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2025-01-21 00:07