YCC Crypto Alpha #39

Our latest community alpha & portfolio updates.

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These posts are your gateway to our latest market alpha, top coins to watch, and community updates. They also keep our busy Patrons happy and informed.

This issue covers:

• Latest market outlook

• Top five altcoins this week

• YCC portfolio updates

• Market tip of the week

TLDR: Bitcoin has a real opportunity to make a higher high in the coming days. If confirmed, the price will rush towards an all-time high in no time.

The price is dangerously close to the key resistance at 64k. The last time Bitcoin visited this level, sellers rejected it. However, a second attempt may prove successful since momentum favors buyers. It won’t be long until we have our answer and my bet is on a breakout.

If Bitcoin makes a higher high above 64k, the road opens for the price to challenge the current all-time high at 74k next. Buyers will rush in and likely take it much higher as we approach the end of 2024.

Get ready, because volatility is back. This is also a great news for altcoins! Lets look at that next.

With excitement returning to the market, the opportunity to make some nice profit in a short time is now available again. That means altcoins are returning in the spotlight.

Moreover, project team are also releasing new updates to drive up hype and build on the current momentum. Usually, a lot of crypto projects hold off on releasing updates during a market downturn and wait until market conditions improve. We’re basically at that point in time now.

In the coming months, I expect a lot of that. From new tokens being released and listed on major exchanges, to older projects releasing major updates in terms of use cases. Get ready, it’s going to be a busy time ahead and I’ll be here to keep you updated.

Having said that, here are my top five altcoins that are positioned to capitalize on this bullish momentum.

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