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#OTHERSBTC 1M chart | #Altseason is inevitable This bear market for $Alts vs #BTC has lasted twice as long as the previous one. I believe this ABC is complete β now weβre ready for #Altseason. Arguments: β> $OTHERSBTC reached Major Support β> Itβs the 4th year of the cycle (ending in 4 months) β> Bullish Divergence on the MACD Histogram β> MACD about to print a bullish cross The March 2024 bullish MACD cross was a bull trap (no bull div on histogram). This time, everything is lining up perfectly. If not now, then when?!
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Long-term BTC holders are now sitting on higher profits than in any past cycle β except 2017. π According to Glassnode, the market has likely entered its final phase of this cycle.
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