Looking at BTC.D, before the 2021 altseason kicked off, there were 3 key stages: ▍Stage 1: A steep rounded top formed. ▍Stage 2: Along the neckline of the rounded top, a rounded bottom developed. ▍Stage 3: BTC.D dropped sharply, triggering a crazy altseason.
For 2025, it seems we're about to enter Stage 3: ▍Stage 1: Again, a steep rounded top formed. ▍Stage 2: Just like before, a rounded bottom appeared along the neckline.
What’s different this time? BTC.D just retested the neckline resistance zone for the second time yesterday. After touching it, BTC.D formed a long lower wick, signaling strong rejection.
Now, it's all about watching the next moves. If BTC.D mirrors Stage 3 from the last cycle, we could see a sharp drop soon.
And if that happens, the crazy altseason might start before anyone is ready.
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🔥 I've dropped another 2 analyses for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.