The Kobeissi Letter's latest analysis suggests Bitcoin (BTC) may have further room to appreciate. The report highlights a key difference between the current market and previous Bitcoin peaks in February and November 2024. During those past highs, a significant percentage of altcoins (75% and 40% respectively) were trading near their 252-day highs. Currently, that proportion is close to 0%. This indicates that Bitcoin's recent rally hasn't been mirrored by the broader cryptocurrency market. Historically, Bitcoin tended to correct when most altcoins were also near record highs. The Kobeissi Letter argues that Bitcoin is currently experiencing a "solo bull run," suggesting that the typical market dynamics leading to corrections aren't yet in play, and further upside is possible. This analysis provides valuable insight for investors navigating the complex cryptocurrency landscape. ```

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