BTC Parabolic + Alts in Capitulation x Media Attention = AltSZN
485
Month or two alt season seems the likely prediction. ALT/BTC pairs look like death, which is normally the time to buy and chase dopamine (+10%er's a day).
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Learning from this, short was on point but alts seem to need more of a slow consolidation to go beastmode.
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so whats up with alts huh goys? me thinks with this move down from bitcoin alt/btc pairs might actually get fried so july 14 might be around the bottom for alts for the rest of this cycle.
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AltSzn never really came? Alts still extremely correlated with bitcoin, so bottom for alts probably comes over the next week or so.