Altcoins and a First Cycle Top
Altcoins and a First Cycle Top
Altcoin Data Newsletter Premium
Hello Everyone!
Altcoin price action has continued to be put on pause while Bitcoin awaits the next move, potentially spelling the final point of opportunity to invest.
In the last newsletter, we talked about “The Brewing Altcoin Eruption”, then Ethereum rested on the bottom of the new fair value channels I had outlined:
Here is the conclusion:
The bottom of our latest correction would have perfectly retested the lowest point of the channel if I had outlined it correctly.
The only time Ethereum has gone below the channel twice was during the 2020 black swan, and I don’t see one of those in our future.
Price has since rebounded nicely:
In this week’s newsletter, I’ll be discussing a very important topic… Altcoins and the first cycle top.
The last Bitcoin Premium Newsletter answered the question, “Is a First Top In?” You may have also seen this post on X:
There I explained that Bitcoin is at the same levels we have seen at other previous first tops.
So if Bitcoin has reached a first top, what does that mean for alts? Why haven’t they rallied yet? All to be discussed in today’s newsletter!
As always, we’ll analyze the Altcoins you voted to see in our Telegram Group!
The Altcoins That Made This Newsletter:
ERN
SUI
IMX
CELO
STG
JUP
BRETT
TOKEN
DOG
ADA
If you want to see how the voting process works read the rules right here on this page.
If your Altcoin is not selected, or you need your Altcoin analysis sooner, you can visit the exclusive requests page for one-time services.
Let’s jump into today’s newsletter!
This Newsletter Will Cover…
Altcoin Market Overview - A Bitcoin, Altcoin Overview
Ethereum Analysis - Up and Up
Your Altcoins, Analyzed
What Should You Do?