In 2019, QT ended on August 1st. ALT/BTC pairs hit 0.25 approximately 1 month later.
0.25 is a necessary but not sufficient condition for alt season.
In 2019, once ALT/BTC pairs were at 0.25, BTC was in a bear market. Alt season happened, but not for another 1.5 years.
You could argue that in 2019, the final capitulation of ALT/BTC pairs occurred after QE began, as people who waited for QE for a rally were disappointed.
That led into the final capitulation of ALT/BTC pairs.
So good chance same things happens again.
QT ends and then ALT/BTC pairs drop a lot despite people thinking they would rally immediately.
Still think ALT/BTC pairs hit 0.25
๐จ ALTCOIN SEASON STARTING SOON?
@benjamincowen shared a chart showing ALT/BTC pairs bottomed at 0.25 the last time QT ended.
With QT ending tomorrow (Dec 1), a move toward 0.25 could mark the start of the next major #altcoin rally.
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