Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

2025-05-19

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19

Nexchain leads together with BTC Bull Token

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19

    Jesse Pollak explains how Pectra Upgrade will overload the basic network

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18
  • Analysis

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19

    XRP – Price is struggling to keep the ground – breakdown or breathing break?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»New Altcoin Season Now In Sight, According To Crypto Strategist – Here’s Why
Analysis

New Altcoin Season Now In Sight, According To Crypto Strategist – Here’s Why

2024-11-24No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A closely followed crypto strategist thinks it’s almost time for altcoins to steal Bitcoin’s (BTC) thunder.

Pseudonymous analyst TechDev tells his 481,600 followers on social media platform X that he looks at historical price action to determine the arrival of a new altseason.

According to the trader, data from the 2017 and 2020 cryptocurrency bull markets suggests a new alt season is underway.

“When is the off-season?

Not sure.

But the last two started after three consecutive weekly closes above the last weekly Bitcoin high…”

Image
Source: TechDev/X

Based on the trader’s chart, he seems to suggest that Bitcoin Dominance (BTC.D) took a huge plunge after BTC broke out from previous cycle highs and recovered for three weeks.

The BTC.D index tracks how much of the total crypto market capitalization belongs to Bitcoin. A bearish BTC.D chart suggests altcoins are poised to outperform Bitcoin.

TechDev shares another chart indicating altcoins are about to surpass BTC.

“Another altseason trigger?

When Bitcoin hits this line…’

Image
Source: TechDev/X

TechDev seems to think that an altcoin season is now in sight after Bitcoin reached the upper limit of its Bollinger Bands (BB) indicator on the weekly chart. Traders use the Bollinger Bands to discover potential entry and exit points based on historical volatility.

Looking at Bitcoin itself, TechDev believes the crypto king has entered parabolic territory after the Relative Strength Index (RSI) on the two-month chart rose above the 70 level.

The RSI is a momentum indicator where a move above 70 indicates that an asset is in bull territory.

“Welcome back to the Parabolic Zone.”

Image
Source: TechDev/X

The trader also thinks that Bitcoin appears to be mirroring the 2017 bull market, when BTC in its M1 money supply pair (BLX/WM1NS) broke the upper limit of the Bollinger Bands and retested as support on the monthly chart.

See also  Coinbase says there are five key areas of the crypto market to watch in 2025

“There is only one other moment worth comparing this Bitcoin move to.”

Image
Source: TechDev/X

The M1 money supply chart tracks all the money sloshing around in the US economy.

At the time of writing, Bitcoin is trading at $98,508.

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

Follow us further X, Facebook And Telegram

Surf to the Daily Hodl mix

Featured image: Shutterstock/svetafelaya/WindAwake



Source link

Altcoin Crypto Heres Season sight Strategist
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

2025-05-19

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Ethereum – price cannot break through – what does it stop?

2025-05-19

Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Trader Peter Brandt Issues Bitcoin Warning, Predicts 50% Chance of BTC Falling Below $40,000 – Here’s the Timeline

2024-08-09

Bitcoin’s Post-Crash Analysis: What Went Wrong for BTC in the Last 24 Hours

2024-08-06

Play, Discover, Earn: Welcome to Football at AlphaVerse with Chiliz Labs

2023-08-22
Editors Picks

Solana Retests Key Support: Is a Price Reversal Likely?

2023-09-02

Power Browser Partners with Star Protocol to Revolutionize Blockchain Domain Services

2024-08-10

Is a PayPal Stablecoin a good or bad idea?

2023-12-06

Galaxy Digital buys $23.4 million worth of BTC

2024-08-20

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

Nexchain leads together with BTC Bull Token

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,849.440.22%
  • ethereumEthereum(ETH)$2,491.111.10%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.37-1.39%
  • binancecoinBNB(BNB)$646.810.47%
  • solanaSolana(SOL)$164.75-3.23%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.222493-2.37%
  • cardanoCardano(ADA)$0.74-1.41%
  • tronTRON(TRX)$0.264685-0.36%
  • suiSui(SUI)$3.75-1.33%
  • chainlinkChainlink(LINK)$15.590.51%
  • avalanche-2Avalanche(AVAX)$22.15-1.37%
  • stellarStellar(XLM)$0.284303-1.74%
  • hyperliquidHyperliquid(HYPE)$25.97-1.36%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.44%
  • hedera-hashgraphHedera(HBAR)$0.190633-1.04%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-0.23%
  • bitcoin-cashBitcoin Cash(BCH)$388.81-3.28%
  • the-open-networkToncoin(TON)$3.00-3.69%
  • litecoinLitecoin(LTC)$98.45-0.34%
  • polkadotPolkadot(DOT)$4.57-2.55%
  • moneroMonero(XMR)$342.110.52%
  • bitget-tokenBitget Token(BGB)$5.15-0.11%
  • pepePepe(PEPE)$0.000013-1.13%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.72-2.58%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$5.92-0.97%
  • bittensorBittensor(TAO)$403.57-3.52%
  • aaveAave(AAVE)$235.802.52%
  • nearNEAR Protocol(NEAR)$2.74-0.58%
  • aptosAptos(APT)$5.151.02%
  • okbOKB(OKB)$51.99-1.98%
  • ondo-financeOndo(ONDO)$0.92-1.88%
  • ethereum-classicEthereum Classic(ETC)$18.340.03%
  • kaspaKaspa(KAS)$0.106052-4.71%
  • internet-computerInternet Computer(ICP)$5.19-0.78%
  • gatechain-tokenGateToken(GT)$21.39-0.99%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.81-1.59%
  • crypto-com-chainCronos(CRO)$0.095350-3.16%
  • mantleMantle(MNT)$0.72-1.58%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231463-1.54%
  • vechainVeChain(VET)$0.027745-1.27%
  • render-tokenRender(RENDER)$4.53-1.19%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.363463-3.75%
  • filecoinFilecoin(FIL)$2.860.88%
  • algorandAlgorand(ALGO)$0.220122-0.32%
  • arbitrumArbitrum(ARB)$0.3866340.83%
  • bitcoinBitcoin(BTC)$104,849.440.22%
  • ethereumEthereum(ETH)$2,491.111.10%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.37-1.39%
  • binancecoinBNB(BNB)$646.810.47%
  • solanaSolana(SOL)$164.75-3.23%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.222493-2.37%
  • cardanoCardano(ADA)$0.74-1.41%
  • tronTRON(TRX)$0.264685-0.36%
  • suiSui(SUI)$3.75-1.33%
  • chainlinkChainlink(LINK)$15.590.51%
  • avalanche-2Avalanche(AVAX)$22.15-1.37%
  • stellarStellar(XLM)$0.284303-1.74%
  • hyperliquidHyperliquid(HYPE)$25.97-1.36%
  • shiba-inuShiba Inu(SHIB)$0.000014-1.44%
  • hedera-hashgraphHedera(HBAR)$0.190633-1.04%
  • unus-sed-leoUNUS SED LEO(LEO)$8.69-0.23%
  • bitcoin-cashBitcoin Cash(BCH)$388.81-3.28%
  • the-open-networkToncoin(TON)$3.00-3.69%
  • litecoinLitecoin(LTC)$98.45-0.34%
  • polkadotPolkadot(DOT)$4.57-2.55%
  • moneroMonero(XMR)$342.110.52%
  • bitget-tokenBitget Token(BGB)$5.15-0.11%
  • pepePepe(PEPE)$0.000013-1.13%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.72-2.58%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • uniswapUniswap(UNI)$5.92-0.97%
  • bittensorBittensor(TAO)$403.57-3.52%
  • aaveAave(AAVE)$235.802.52%
  • nearNEAR Protocol(NEAR)$2.74-0.58%
  • aptosAptos(APT)$5.151.02%
  • okbOKB(OKB)$51.99-1.98%
  • ondo-financeOndo(ONDO)$0.92-1.88%
  • ethereum-classicEthereum Classic(ETC)$18.340.03%
  • kaspaKaspa(KAS)$0.106052-4.71%
  • internet-computerInternet Computer(ICP)$5.19-0.78%
  • gatechain-tokenGateToken(GT)$21.39-0.99%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.81-1.59%
  • crypto-com-chainCronos(CRO)$0.095350-3.16%
  • mantleMantle(MNT)$0.72-1.58%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231463-1.54%
  • vechainVeChain(VET)$0.027745-1.27%
  • render-tokenRender(RENDER)$4.53-1.19%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.363463-3.75%
  • filecoinFilecoin(FIL)$2.860.88%
  • algorandAlgorand(ALGO)$0.220122-0.32%
  • arbitrumArbitrum(ARB)$0.3866340.83%