#BTC Weekly Moving Averages http://www.intothecryptoverse.com
In 2019, ALT / BTC pairs broke the range lows, fell to 0.35, then had a bounce back to 0.42 on July 2nd, then dropped to 0.25 later in the year.
ALT / BTC pairs dropped to 0.36 several days ago, and the spot ETF for ETH likely goes live the first week of July.
Crypto Heatmap (Top 50) 💫Join ITC Premium: http://www.intothecryptoverse.com
And there it is
https://x.com/tier10k/status/1806312227483394394?s=46&t=E8LqMFxTbFr9dgTJq3LT_g
#BTC ROI After Halving
#BTC Futures Open Interest http://www.intothecryptoverse.com
Many are pointing out that #BTC dumped harder than #ALTs over the last few days, and are speculating that the bleed of ALTs to BTC is over and that #BTC dominance has topped.
I still disagree and think BTC dominance is going higher.
A thread-
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Do you see the massive green yearly candles for #ALT / #BTC pairs in prior cycles?
They both occurred in post-halving years. That would correspond to 2025 if it repeats again, not 2024.
My view remains the same - #ALT / #BTC pairs will continue to bleed until the Fed cuts rates and/or QE returns.
It is tempting to front run the process, but this cycle has shown time and time again that #BTC dominance is going higher than most people think it is.
#ETH Futures Open Interest 💫Join ITC Premium: http://www.intothecryptoverse.com
#BTC Fear & Greed Index is at 30, the lowest it has been since September 2023
“It’s probably going to be a boring summer.”
📺https://youtu.be/3x7BteLnHEE
#BTC Fear & Greed Index:
#BTC dominance still holding support above its bull market support band
#BTC now at its 21W EMA
#BTC Short Term Bubble Risk http://www.intothecryptoverse.com
2019
“It all seems like it’s playing out.”
📺https://youtu.be/hHqUWuO1hig
#BTC Bull Market Support Band
Animation showing the US states where the Sahm rule has been triggered going back to January 1976.
Note that the Sahm rule was not developed at the state level, so this animation is dubious at best.
#BTC Bull Market Support Band (BMSB) 💫Join ITC Premium: http://www.intothecryptoverse.com
“I’ll let you in on a little secret...”
📺https://youtu.be/5I9oPMybIWc