BTC/ETH Dominance Chart- Spotting the End of Altcoin Season
I barely survived 2017 and you'd think I would've been more readily prepared for this new peak we just hit of Euphoria but alas the GREED took over once again and like Many I left lots of Unrealized profits on the table. Hopefully this will give us a better understanding of where we went wrong. At the very least this certainly shows that the Path to Alt Season Chart still reigns supreme.
The “Path to Alt season” is a graphic that describes the different phases of this market condition.
Phase 1 is when there is a flow of money going into Bitcoin and, possibly, to Ethereum. What’s important to note here is that during this phase, ETH struggles to keep up with Bitcoin, and it goes back and forth.
Phase 2 is when Ethereum Starts to Outperform BTC The Flippening argument begins to get thrown around
Phase 3 is when Large caps start to go Parabolic and outperform BTC
Phase 4 is when Mid,low and Micro caps start to pump and Memes are Everywhere
All phases can overlap back and forth with each other. But Money can Flow very quickly as we have seen and before you know it we are back to Phase 1 hopefully with our pockets lined in fresh capital and more btc when we started.
Cheers,
Captain
The “Path to Alt season” is a graphic that describes the different phases of this market condition.
Phase 1 is when there is a flow of money going into Bitcoin and, possibly, to Ethereum. What’s important to note here is that during this phase, ETH struggles to keep up with Bitcoin, and it goes back and forth.
Phase 2 is when Ethereum Starts to Outperform BTC The Flippening argument begins to get thrown around
Phase 3 is when Large caps start to go Parabolic and outperform BTC
Phase 4 is when Mid,low and Micro caps start to pump and Memes are Everywhere
All phases can overlap back and forth with each other. But Money can Flow very quickly as we have seen and before you know it we are back to Phase 1 hopefully with our pockets lined in fresh capital and more btc when we started.
Cheers,
Captain
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