03-21-2023, 05:37 AM
Typically alts catch up after BTC's breakout and outperform BTC's rise
<!-- SC_OFF --><div class="md"><p>This cycle appears to be more and more like all the prior cycles. BTC leads the market it cementing the bottom and then ushers in the initial breakout. </p> <p>If this trend continues, BTC's dominance will continue to rise and alts will bleed. But when the market officially begins its recovery, the trend will flip and profits from BTC will be moved into alts.</p> <p>In the hope that this rally is the breakout establishing a new trend line, alts will have their season as soon as BTC finds its relative high. Perhaps peaking at a BTC.D above 50%, and then the wave of money into alts. </p> <p>Hopeful this cycle is like the last. With the next halvening on the horizon, the market factors may line up for a new full out bull cycle and new ATHs.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/OpticallyMosache"> /u/OpticallyMosache </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11wvhyv/typically_alts_catch_up_after_btcs_breakout_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11wvhyv/typically_alts_catch_up_after_btcs_breakout_and/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>This cycle appears to be more and more like all the prior cycles. BTC leads the market it cementing the bottom and then ushers in the initial breakout. </p> <p>If this trend continues, BTC's dominance will continue to rise and alts will bleed. But when the market officially begins its recovery, the trend will flip and profits from BTC will be moved into alts.</p> <p>In the hope that this rally is the breakout establishing a new trend line, alts will have their season as soon as BTC finds its relative high. Perhaps peaking at a BTC.D above 50%, and then the wave of money into alts. </p> <p>Hopeful this cycle is like the last. With the next halvening on the horizon, the market factors may line up for a new full out bull cycle and new ATHs.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/OpticallyMosache"> /u/OpticallyMosache </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11wvhyv/typically_alts_catch_up_after_btcs_breakout_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11wvhyv/typically_alts_catch_up_after_btcs_breakout_and/">[comments]</a></span>