Wen #altseason?
As highlighted in yesterday's tweet, 'altseason' significantly depends on monetary policy.
Observing Bitcoin's dominance vs. the crypto market, we see Bitcoin's dominance decrease as the Fed shifts monetary policy by cutting interest rates and moving from QT to QE.
Risk assets favor a low interest rate regime. That's why this is a great indicator of when high-risk assets (altcoins) will begin to outperform low-risk ones (like Bitcoin).
๐ Revealing the 2024 Crypto Cycle Blueprint!
โจ It's all about understanding human psychology and staying one step ahead.
๐ Dive into my detailed infographic and thread for an in-depth, phase-by-phase analysis on how the 2024 crypto market cycle will play out.
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