OTHERS/BTCUSD has Always been Following ALL Bitcoin movements!
If you take a look at the chart, the Others/Btcusd ticker always follows the movements of BTC, but with some time gap. In other words, it tells you what is likely to happen on the Altcoin market in the near future!
At the moment Altcoins are close to the end of consolidation phase before starting a new Massive rally upwards!
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Continuing the topic with Bitcoin &
#OTHERS (Total Market Cap excluding Top 10 coins)
Currently the chart is very similar to what weβve seen back in 2020. Bitcoin price was breaking ATH, while OTHERS was finishing consolidation and prepared to break the second-top resistance out!
Bitcoin always makes the first step and Altcoins are following. At the moment we can see the same picture β Bitcoin just smashed the previous ATH of $69,000 while Altcoins are preparing to breaking through the second-top resistance (orange rectangle zone).
Once it is broken, a massive altcoin season will begin, just as it was in the beginning of 2021!
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So far so good with the charting.
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Soon ser we are almost there
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great thread !! Thank you
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The best is yet to come just hang in a little
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