Have we entered the ALT SEASON!!!!!!
Here's a quick observation on BTC. Dominance and how to know whether Altcoin season is here or not.
As you can clearly see in the weekly chart that alt season rallied for a particular time period. 77 days (2nd Sept - 18th Nov 2019), 56 days (23rd Dec 2019 - 17th Feb 2020), 105 days (18th May - 31st Aug 2020). Now 16th Nov was the date when we observed a red candle letting BTC.D to go bearish.
Therefore, as per my observation and research, we have entered a mini alt season which may last till mid of Jan 2021.
If you like my idea the do click the like button and follow me.
Thank you and stay safe.
Here's a quick observation on BTC. Dominance and how to know whether Altcoin season is here or not.
As you can clearly see in the weekly chart that alt season rallied for a particular time period. 77 days (2nd Sept - 18th Nov 2019), 56 days (23rd Dec 2019 - 17th Feb 2020), 105 days (18th May - 31st Aug 2020). Now 16th Nov was the date when we observed a red candle letting BTC.D to go bearish.
Therefore, as per my observation and research, we have entered a mini alt season which may last till mid of Jan 2021.
If you like my idea the do click the like button and follow me.
Thank you and stay safe.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.