Ah, dear reader! It has come to my attention that the first chart before us presents a most fascinating tableau: the haughty dominance of Bitcoin, ensconced within a grand symmetrical triangle that stretches back to the days of yoreāspecifically, 2018. How poetic! With Fibonacci retracement levels tracing a path of uncanny resemblance across two epochs, 1,092 days, and 1,029 days from their respective beginnings, we find ourselves in the midst of an intricate dance of numerical significance. It seems our dear Bitcoin has recently flirted with the upper resistance line, only to be met with the snub of rejection. What drama! A decisive break from this geometric embrace might herald a scheduled exodus from the realms of Bitcoin to the uncharted territories of altcoinsāa classic precursor to what the people call altseason.
Ah, the illustrious rotations from Bitcoin into its sultry counterparts known as altcoinsāsource: the ever-observant Dave the Wave on X. Ah, Twitter, the theatre of our times!
Now, lo and behold! The second chart, graciously provided by our erudite friend TechDev, supports this fanciful narrative with an ascending triangleāwhat, might I add, is as quintessential as a well-brewed cup of tea. Spanning almost three years, this spectacle is punctuated by green dots, denoting past cycle lows in the momentum of the alt market. And lo! We have just inked another dot, as if the universe itself conspired to send us a sign. If this breakout confirmsāespecially with that MACD crossing bullish as if to announce a fine evening of waltzingāthere lies a possibility that we might be on the brink of a full-blown rotation into alts. Historically speaking, dear friends, such setups have led to vertical ascents, particularly as the sideline money, desperate for action, begins to flock towards higher-stakes bacon following Bitcoinās initial pomp. The setup is ready; volatility is brewing ever so mischievously. Now, let us ponder a delightful question: when shall the market gods decide to light the fuse? š
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2025-07-17 02:22