Hello everyone!
In this analysis I provide you the explanation behind the potential 40% growth of OTHERS.D and the resulting explosion of majority of altcoins in the coming weeks/months.
Right now OTHERS.D shows oversold conditions which are marked by weekly RSI below 40 and weekly MACD cross, which signals about soon reversal, the last time we had a MACD cross from red to green, we saw September 2024 - January 2025 rally, where most of altcoins and memecoins surged at 3x-10x from the lows, especially the MEMES and AI sector.
I would suggest loading strong altcoins which held their lows and didnt dip much since the August 5 lows. Lets see how this unfolds and hope for these massive green candles on our favorite alts!
$FWOG Looks like this finally bottomed out, apparently breaking out from the falling wedge on 8h chart.
Size in before FOMO kicks in, don't let yourself to get shaken out, before real massive move starts!
My opinion is that $TRUMP pump has much bigger consequences in the medium term for the cryptocurrency, it can cause an echo around the world, and every politician will start pumping their country's tokens. like for example the Communist China party will give the command to its Chinese crypto-enterpreneurs like @justinsuntron to pump Chinese tokens like $TRX, $VET, $QTUM, $ONT, $FIL, $CFX and invest in many more new projects.
Keep in mind that Hong-Kong has its own ETF for $BTC and $ETH. I think they were launched last year, as a test-polygon before the real adoption in continental China. Also there are rumors that China is going to take down it ban on cryptocurrencies and Bitcoin mining. Putin has endorsed crypto as well, majority of political leaders are yet to disclose that they have been covertly accumulating/mining major cryptocurrencies. Therefore, I believe that the true euphorical bull-market is yet to come.
What a wonderful time to live in!
Continuing to bullpost until I am exhausted!
Here I share my view and forecast on $BTC.D
I think that there are stages of altseason every cycle, the first "test" phase where dominance goes down approxiamtely by 10-20%, followed by pause between 1 to 6 months, then there is a second "parabolic" phase, the true altseason, where everything grows like mushrooms after the rain.
I hope that we reach 45% BTC.D in the first half of 2025, there I would close all my trades on major alts/memes.
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