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ALTSEASON 2022 THREAD⛓️
AltSeason is basically cryptos except #BTC stays green for quite some time according to huge buying pressure and continuous decreasing BTC dominance. There is a trend/path always this phenomenal follows.
1/n
and, also there is a 4 wave cyclic pattern #BTC following for every past ATHs. This is nicely explained by @BTCfuel in one of their thread. They are demand waves and happen when a lot of money flows into market in a short timeframe. The 4 waves are clearly visible here.
2/n
First, it's take off because of buying pressure, then first sell-off happens, then a cycle top comes after a fake-top. The 4 waves are clearly visible in the Realize Cap HODL Waves indicator above.
3/n
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