#ALT / #BTC pairs are at an important crossroads. If they get rejected by the bull market support band, which has now fallen to the prior support level that has since turned resistance, then it should allow #BTC dominance to hit 60% before EOY. Last cycle, final #ALT / #BTC

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The last 2 times #ETH / #BTC broke support, ETH / USD dropped ~70%, where #ETH went to the lower logarithmic regression trend line. ETH is already down 41%. These final drops occurred in Q4 2016 and Q4 2019, and perhaps this cycle it occurs in Q4 2024. I know all the gurus all

For 3 years I have kept my portfolio #BTC heavy in line with the goal of BTC dominance hitting 60%. I did not want to diminish the Satoshi valuation of my portfolio by chasing altcoins that I would probably just end up losing money on, and that just bleed back to BTC.

WELCOME HOME #BITCOIN DOMINANCE It was a long journey, but BTC dominance finally made it to 60%

Still a decent chance that #ALT / #BTC pairs head back to the range lows over the next 1-2 months. If it does not happen by EOY, then perhaps I am wrong about this idea, but the momentum is still heading in that direction.

I warned that #OTHERS / #BTC would sweep the lows, rally to the BMSB then get rejected and put in new cycle lows. This is now playing out, while those that promote memecoin garbage will pretend like this is not happening. Don't lose all your money chasing garbage memecoins, the

It looks like the grand finale of the altcoin reckoning has finally arrived. The altcoin reckoning should be over by December 2024 (2nd week of January 2025 at the latest). It has been a long journey, and many gave up along the way, but this process was always going to play out

I would watch #ETH / #BTC here. If it can get above the 50D SMA, the there is a good chance that ETH/BTC has bottomed.

I have good news degens #ALT / #BTC pairs are now only 26% off their lows.

Imagine people thinking they missed out on #ALT season when OTHERS/BTC just put in a new cycle low, the lowest it has been since 2021.

Share your #PAWS 🐾

Nov. 24th, 2020 marked the local top for #ALT / #BTC pairs before #BTC sucked liquidity out of them for the next 5 weeks. You can see #ALT / #BTC pairs are at the same valuation today as they were in Nov. 2020 before the final drop of #ALT / #BTC pairs began.

Everyone laughing at #ETH / #BTC but they don't realize #ALT season does not start until ETH/BTC starts going up.

Do you guy remember that time #BTC dominance went to 60% Good times. The lesson will be forgotten in time, and the same mistakes will be made again next cycle.

Truflation I think #ALT / #BTC pairs need to go down before they can go up

I think that #ALT / #BTC pairs will continue to bleed here, just like they did last year when the Fed announced they would slow Quantitative Tightening (QT). #BTC dominance to 66%

People think BTC is like a magical unicorn that climbs to infinity on moonbeams. Here's the actual CAGR chart. We are well past the 2017 year where we'd see many 100s of percent growth. Now look at 2020, that was the year BTC got institutionalised, corporations and sovereigns

I got my face ripped off thinking there would be a pullback after the golden cross in 2023. But just know that throughout most of #BTC's history, there are pullbacks around golden crosses (golden cross is in 1-2 days). Pullbacks are typically 10-15%