THE ALTSEASON IS APPROACHING AGAINST A BITCOIN LOSING MOMENTUM!

The altseason's approach is looking promising, with Bitcoin's momentum waning and altcoins showing unexpected resilience. Analysts believe a cycle shift is imminent, potentially disrupting traditional crypto investment strategies. Let's break down the key points :

Bitcoin Dominance Decline: Some analysts predict a "massive decline" in Bitcoin dominance, which could signal the start of an altseason. A decline in Bitcoin's market capitalization share would allow altcoins to outperform.

Technical Indicators: RSI and MACD indicators are signaling a strong bullish surge for altcoins, suggesting a potential breakout.

Bitcoin's Momentum: Bitcoin's struggling to regain momentum, currently trading around $100,000, might pave the way for altcoins to shine.

Critical Levels: Bitcoin dominance needs to drop significantly for an altseason to begin. Rekt Capital believes altcoins won't see a resurgence until BTC dominance climbs to 71% and then rejects.

Some notable analyst predictions include :

Mikybull: Predicts a Bitcoin dominance decline, which could be "huge for an altseason."

Van de Poppe: Expects strong momentum for altcoins to continue in the coming weeks.

Jelle: Highlights a bullish pennant pattern for altcoins, potentially leading to a breakout.

Keep in mind that crypto markets are volatile, and altcoin performance can be unpredictable. Investors should exercise caution and monitor market trends .#MyCOSTrade #EDGENLiveOnAlpha #AltSeasonComing #TradingTypes101 #EDGENLiveOnAlpha $BTC $ETH $ETH