Alt Season Is Upon Us
ETH Dominanace @ 15.4 and is up 22% in the last week (Top Left)
BTC.D is @ 64.24 and is down 10% the last week. (Top Right)
Total market cap has slipped under our trend line (Bottom Left) but excluding BTC it is still trending (Bottom Right)
With so many Dapps and Defi running off ETH it's not unlikely that ETH could get to much higher than it is, $1,700+. Alts have been booming and it seems for the next 8~ weeks we are going to have a strong rally. It's probably we avoid a BTC drop of -40% with institutional support, and BTC fully on the global radar, so a slow decline appears more likely.
Alts I'm interested in are LINK, SOL, ONE, QTUM, VET, VTHO, and SPC
BTC.D is @ 64.24 and is down 10% the last week. (Top Right)
Total market cap has slipped under our trend line (Bottom Left) but excluding BTC it is still trending (Bottom Right)
With so many Dapps and Defi running off ETH it's not unlikely that ETH could get to much higher than it is, $1,700+. Alts have been booming and it seems for the next 8~ weeks we are going to have a strong rally. It's probably we avoid a BTC drop of -40% with institutional support, and BTC fully on the global radar, so a slow decline appears more likely.
Alts I'm interested in are LINK, SOL, ONE, QTUM, VET, VTHO, and SPC