When will altcoin season start?

12 lug

Of course, nobody knows exactly when altcoin season will start, but we can make a prediction by what we see on the charts.


I think we are getting closer and closer to an altcoin season.

We have an ICT unicorn model, a breaker that overlaps with an FVG. We hit the midpoint of the FVG and the 50% level of the range.

I don't trade with indicators and chart patterns, but they do seem to work on BTC.D


— The RSI is overbought and showing signs of weakness.
— The Stochastic RSI is also overbought.
— We are at the end of a bearish pattern, I am not sure what it's called because I don't trade them. But I am able to recognize them.

Bitcoin has been consolidating between 74k-53k for a few months. I think this is bullish because ''The bigger the base, the harder the rally''

Fundamentals:

The Ethereum ETF got accepted = Bullish for altcoins
USA Elections (with a Pro crypto president) = Bullish for Bitcoin and Altcoins
High probability of rate cuts= Bullish for Bitcoin and Altcoins
Big institutions like BlackRock buying the dip=Bullish for Crypto
Germany almost done selling all their bitcoin=Bullish for Crypto


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