ALTS ARE LOOKING GOOD FOR THE FIRST TIME SINCE Q4 RALLY.
FIRST OF ALL, A LOT OF DIDN'T MAKE A NEW LOW WHEN BTC WENT BELOW $80K.
ALONG WITH THAT, MOST OF THEM HAVE REACHED SELLER EXHAUSTION LEVEL.
LOOKING AT BTC DOMINANCE, IT FEELS LIKE A SLIGHT DOWNTREND WHICH IS A GOOD SIGN.
ON TOP OF THAT, SOME BULLISH SIGNS ARE ALSO EMERGING.
- EXPANSION OF GLOBAL MONEY SUPPLY
- FED QT SLOWDOWN
- INSTITUTIONAL INTEREST IN ALTCOINS.
NEXT FEW MONTHS WILL BE BULLISH FOR ALTS.