CapitalHustle

CapitalHustle

The altseason of 2017 started at the same time as the U.S. dollar index (DXY) began to fall. This likely helped bring more money into the crypto market. In 2020–2021, a similar thing happened: the falling dollar was followed by a strong rise in altcoins. But that time, altseason started closer to the end of the dollar’s decline. A weaker dollar makes risky assets...

CapitalHustle

Entry only upon forming a Wolfe Wave, upon return from the sweet zone. Follow risk management.

CapitalHustle

Hi, traders 👋 I’d like to share my thoughts and observations regarding Bitcoin dominance and the timing of the long-awaited altseason. In general, I like to determine the phase altcoins are in by analyzing one of the oldest representatives of this group — Litecoin. Like other financial instruments, cryptocurrency tends to follow certain patterns. Although each...