can't believe altcoins are doing this
11/26/2024
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Crypto Capital Venture
I discuss how the current altcoin market is showing very similar patterns to the last bull cycle, suggesting we are on the verge of an "altcoin season". I point to the total crypto market cap excluding Bitcoin and Ethereum, which is mirroring the run-up to the last altcoin season. I also analyze Bitcoin dominance, noting it is falling in a way that historically precedes altcoins outperforming. Based on this cycle analysis, I'm very optimistic about the prospects for altcoins in the coming weeks and months, and I'm closely watching for signs that Bitcoin may start consolidating while altcoins take the lead.
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