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Cardano Ecosystem

ALTCOIN Season Signal Pending! CARDANO & ETHEREUM About To BLASTOFF!

02/20/2024

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486 views


Crypto Capital Venture

In this video, I discuss the current state of altcoins and their potential to break all-time highs, especially in relation to Bitcoin's performance and the anticipation of altcoin season. Drawing on historical data and chart analysis of Bitcoin, ADA (Cardano), and Ethereum, I aim to pinpoint when altcoin season might occur, highlighting that while we've seen gains in altcoins, we're not yet in the thick of altcoin season. I delve into the concept of "bull market doors" and Bitcoin dominance as indicators for altcoin season, showing past instances where breaking these doors led to significant rallies in altcoin markets. I also explore the impact of potential factors like the Bitcoin spot ETF and supply shocks. Despite the current excitement, I caution that we're still awaiting a decisive move above critical levels on the Bitcoin chart, which could signal the true start of altcoin season. I encourage viewers to subscribe and engage with the content, emphasizing the speculative nature of cryptocurrency markets and the importance of staying informed on market dynamics.


See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=9YDHRVL0...

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