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CryFromCrypto
Dec 28, 2021

Check out my analysis recap bellow here!
> RECAP ANALYSIS <

From what i see on the last cycle here's the dominance structure when the Alts Season is happening. I see the Alts Season is happening on :
1. BTC price hitting the ATH -> on retrace to 50 Weekly MA
2. ETH price following BTC reaching ATH and then retrace -> we see flow of money from BTC to ETH and other Alts

source chart.cointrader BTC.D+ETH.Dsource chart.cointrader BTC.D+ETH.D
source tradingview Weekly Chart on BTC and ETH 2017-2018source tradingview Weekly Chart on BTC and ETH 2017-2018

And now, i've got plenty of scenario for this market haha :D
It's either for both dominace will go up again to the first green box or straight down to the bottom

THE SAFETY WAY

Because of the difference structure on the price action between 2017-2018 cycle and 2021-2022 (making higher high rather than lower high). I think the safety way price action in this market is BTC will go up to ~$60k -> following ETH making new ATH (with BTC dominance weaken) -> flow of money to some Alts reaching the previous ATH or making new ATH and then.... let the chart talking either we enter the bear market or not.

THE SO-SO WAY

Here's comes the so-so way of this cycle haha. BTC will go up to ~$75k (Just like i post on BTC Bullish Engulifing) -> Following ETH rally up to ~$6k (From Cup n Handle Pattern target) -> We will see Alts popin like a popcorn

THE MILKY WAY

A way to hit the galaxy hohoho. In this case most of the coin will rally up to 1.618 - 2.618 Fib ext and then CRASH! because of the price action is to parabolic following a consolidating phase.. hohoho

Lastly, because of rapidly growing blockchain technologies. i personally think that the bull will have a longer time. Especially for alts.

feel free to discuss this. sorry if this post is not organize well and sorry if i made some miskates.

Thanks!

Always remember!

the first 3 letters from Crypto is CRY haha....hmm...

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