Correlation of Bitcoin and Alts coins and what to expect, educational purposes only Aptos forum only πŸ‘‡


:sunflower: 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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:rosette: Continuing the topic with Bitcoin & #OTHERS (Total Market Cap excluding Top 10 coins)

Currently the chart is very similar to what we’ve 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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Altcoin szn soon :boom::fire:

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that would be nice man! :melting_face:

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nice updated info thanks

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Yessir Alts season soon

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So far so good with the charting.

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Loving this :heart_eyes:

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You welcome boss

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this is interesting

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You welcome ser

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When pump my alt coins :grin:

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Patiently waiting :raised_hand:

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Soon ser we are almost there :writing_hand:

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great thread !! Thank you

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You welcome ser :100:

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The best is yet to come just hang in a little :writing_hand:

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The best is yet to come.

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