I discuss how the current altcoin market is showing very similar patterns to the last bull cycle, suggesting we are on the verge of an “altcoin season”. I point to the total crypto market cap excluding Bitcoin and Ethereum, which is mirroring the run-up to the last altcoin season. I also analyze Bitcoin dominance, noting it is falling in a way that historically precedes altcoins outperforming. Based on this cycle analysis, I’m very optimistic about the prospects for altcoins in the coming weeks and months, and I’m closely watching for signs that Bitcoin may start consolidating while altcoins take the lead.
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Intro 00:00
btc dominance timeline 00:35
zooming in on altcoins 00:45
look what altcoins did last cycle 2:30
bitcoin dominance is actually falling 3:50
bitcoin price reference 4:55
the big question 6:30
Bitcoin 4 Year Cycle Prediction – This May Change Your Mind On BTC
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Crypto Capital Venture New – Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative
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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
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