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Crypto Analyst Astronomer provided an overview of the moment when the Altcoin season will probably start to follow the Bitcoin price rally to a new High of all time (ATH). His analysis indicated that the domination of the BTC is about to be silent, which will open the way to altcoins to surpass the flagship crypto.
The Altcoin season will start soon when the Bitcoin Prix hits New Ath
In a X postThe astronomer predicted that the Altcoin season was imminent, because the domination of BTC (BTC.D) reached 65% after the Bitcoin price rally at a new ATH. The analyst noted that The domination of the BTC Will run slowly first, before falling fairly quickly after the flagship crypto loses momentum.
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He is also convinced that The Altcoin season Arrives soon because BTC.D is up seven weeks in a row and all green from below, which means that the movement led by the price of bitcoin extends for a long time. From the counting point of view, the astronomer pointed out that BTC arrives at the end of the transition period, and altcoins will probably make their movements larger soon.
The analyst noted that BTC.D also retests the opening of the quarterly circuit breaker. For the moment, he thinks that the feeling is certainly not ready for a season of Altcoin, because only Bitcoin Bulls are noisy. The astronomer has added that the eTH bulls are calm and that only Bitcoin coins are spoken, including the media, WIF and Bitcoin price himself.
He is convinced that 65% is the top of the BTC.D despite the calls for 67% and 70%. With the domination of the Bitcoin price currently at almost 63%, the astronomer said he was well positioned for the summit, with the Altcoin season afterwards. The analyst said that soon, these altcoins will put their big movements until they have to become the story again, where they end.
Crypto Credibull Crypto analyst is also convinced that the Altcoin season is imminent in the middle of the Bitcoin Price rally to a new ATH. In a post X, he said that when the market was heading in the coming months, each Altcoin lagging behind is an opportunity to recognize, not a problem to be frustrated.
BTC forms a summit at current price levels
In a post X, Crypto Analyst Cryptverse said that the price of bitcoin probably formed a summit at its current levels. He admitted that the flagship crypto could still come together between $ 112,000 and $ 118,000 But warned that he could mark the peak of the cycle. The analyst also said that he did not expect a season of Altcoin before the fourth quarter of this year.
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Cryptove noted that on the basis of Global liquidity trendsThe Altcoin season should start in the fourth quarter and finish with the second quarter of next year. He noted that there could be rebounds in the short term, but a full -fledged gathering is unlikely to occur before that.
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