As you can see in the chart, I’ve included all the key information, but let me break it down for you more clearly:
1️⃣ We have never seen the RSI reach this level on the monthly BTC.D chart before! This looks extremely bearish for BTC.D and highly bullish for Altcoins!
2️⃣ As you might know, every time we see a golden cross in TOTAL2 (which represents the Altcoins’ market cap excluding BTC), it signals the beginning of Altcoin season. The exciting part? This golden cross is happening exactly when BTC.D is at its high percentage levels, making the setup even stronger!