Altseason is Next
Hello Everyone!
Bitcoin and Altcoins have been continuing their bounceback from the 53.5k lows that broke healthy supports like the 20-week EMA.
Despite this, I have made sure to show that strong data support was reached and in my latest newsletter, “A Trustworthy Rally”, I showed many sources that suggest price could continue:
It doesn’t make sense that crypto would bounce back so strongly after healthy supports were lost, but maybe that was just what we needed.
In late June as prices started to collapse and Altcoin strength visited strong support, I decided to make my first Altcoin purchase since the beginning of this cycle which I announced in “Altcoins, I’m Buying”:
Even with the secondary drop after Bitcoin lost healthy supports briefly, I am very happy with my buy-ins and I will be holding them until the cycle end.
The question is, why here? Why now?
After my review of the data, I think that we are on the brink of the true Altcoin Season. The one that will dwarf the gains that have been made so far by many times.
This newsletter will be all about it.
I’ll also be analyzing 5 of the altcoins you voted to see in our Telegram Group!
The Altcoins That Made This Newsletter:
NEAR
GHX
DOGE
TAO
BONK
Again, 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!