A closely followed analyst believes that Bitcoin (BTC) and altcoins are about to ignite mass meetings and leave papier-handy investors on the sidelines.
Pseudonym tells His 516,300 followers on the social media platform X that Bitcoin and Altcoins seem to flash a technical setup that preceded steep rallies during the Bull Cycli 2017 and 2021.
The trader shares a graph that suggests that Bitcoin looks ready to crush the top boundary of his weekly Bollinger tires, while BTC is recovering from a low point of 2025 of $ 76,000.
The Bollinger tires are a volatility indicator that can indicate a bullish breakout if an active top tire spends.
At the same time, Techdev notes that the Altcoin market seems to be converting a former resistance level into support in the midst of the correction. According to the analyst, the Altcoin market also witnessed a similar price action in the last two cycles before he led a huge eruption at the front.
“This has always been the setup.
Every time.
BTC hits the expansion line …
Volatility stabs …
Alts yellow again …
Top calls are getting loud.
Then they are left behind.
Market caps grow. Not psychology. “
The analyst says that his position on Bitcoin and Altcoins is supported by his bullish Look at the liquidity cycle, which follows the capital flow up and out of the financial markets.
According to Techdev, the liquidity cycle seems to cut a macro base, indicate That markets are about to take advantage of a phase of monetary expansion.
“You keep stuck your hope to the story of the month.
The cycle is much larger and does not matter. ‘
Looking closer to the Altcoin market, the trader to predict That Alts Bitcoin will surpass in the next leg on the basis of the cycles of the Bitcoin Dominance (BTC.D) graph. BTC.D measures how much of the total crypto market capitalization belongs to Bitcoin.
“Stage When Alts dominate, is not lagging behind.”
A tumbling BTC.D graph in a bullish environment suggests that Altcoins get value faster than BTC.
At the time of writing, BTC acts for $ 83,036.
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Generated image: dalle3
