Altcoins β€” Entering the Now or Never Zone !

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Altcoins β€” Entering the Now or Never Zone !Market Cap BTC Dominance, %CRYPTOCAP:BTC.DKiu_CoinHello Traders 🐺 In the past few weeks, I didn't talk so much about the Altcoins market because I wanted to wait and see what exactly the chart tells us β€” to publish high-quality content for you, my dear friends. But what now? Let me explain the chart simple and quick, because I talked about BTC.D so many times before in details, and probably most of you already know my opinion about it. However, I also put the related links to my previous idea down below this idea for our new members. Ok, let's get started πŸ‘‡ As you can see on the chart, BTC.D is currently sitting below the most important support channel which lasted about 870 days β€” something around 3 years! And that makes total sense… If we notice the Altcoin market, we can clearly see that they are almost dead, and most of them are still in the bear market. But until when? πŸ€” Is Altcoin Season about to come, or this time we will not see a season at all? In my humble personal opinion, this BTC cycle was a little bit longer than usual β€” mainly because of the institutional approach to BTC and many other factors (which is not the place to discuss here; better to make another idea separately for BTC itself :-) ). However, if you already read my previous idea about BTC: You already know that we are on the verge of the BTC bear market right now. So despite all these bearish scenarios and probabilities, am I still thinking that we are about to see an Altcoin season? My answer is simple: probably yes! I know you might say I'm crazy πŸ˜„ But it's usually how the market works β€” and if you pay closer attention to the BTC.D chart, we can see very clear signs of trend changes: 1️⃣ Breaking below the ascending channel 2️⃣ Several attempts to break above the support and create another higher high β€” all failed and resulted in false breakouts (only shadows above the support). This clearly signals that bears are in control. 3️⃣ BTC is about to collapse to 75K, which opens the road for BTC.D to lose its bullish momentum. 4️⃣ And the final nail to BTC.D’s coffin: breaking below the green support line, which almost guarantees the bearish scenario! So my dear followers, make sure to pay close attention to the chart and act accordingly. And always remember our golden rule: 🐺 Discipline is rarely enjoyable, but almost always profitable 🐺 🐺 KIU_COIN 🐺