These posts are your gateway to our exclusive market alpha, top coins to watch, and latest technical analysis. They also keep our YCC Patrons ahead of the curve.
Here is this week’s curated alpha:
Latest Bitcoin price forecast
Top Altcoins This Week!
Market tips of the week
Latest Bitcoin price forecast
TLDR: Bitcoin has been in a flat range for three months. This is likely a consolidation period before its next major move. Watch the $120k resistance closely. If it breaks, the next major rally begins.
This week I chose to show you a different take on Bitcoin than the standard price chart. It’s the BTC dominance which shows a clear reversal in the uptrend. This is a great news for altcoins!
Perhaps the altcoin season has finally started. In other words, if BTC dominance continues to fall, altcoins will outperform on average versus holding Bitcoin. Use such periods to book solid profits as euphoria builds up.
Bitcoin’s underperformance vs alts started in July and coincided with the period Ethereum went from $2,500 to almost $5,000. While Ethereum is consolidating under 5k right now, Solana and other altcoins like BNB look primed to make new record highs.
This is an exciting period if you are an altcoins holder. Let’s look at the best charts next.
Top Altcoins This Week!
In my previous alpha update I started the altcoin list with PUMP. Unsurprisingly, PUMP has been one of the best performers this past week with an eye-popping 81% pump since last Sunday! Just look at it.
It’s fair to say this token exceeded my expectations and did not give any entries. It was an up only move throughout the whole week which pushed PUMP to make a new all-time high. Impressive.
Luckily, there are more altcoins that are yet to pull such a move. Let’s look at them next. Altcoin seasons is no longer something to wait for, it’s already here!
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