Thurs, 6.13.2024
I have got over 10 different predictions regarding this bull market and the alt coin season. There is an overwhelming huge probability that this alt season will be worse than 2021. There are too much info to post it on my social media accounts.
So, I'm sharing a few snippets of info from the two-parts blog post alt coin season warnings messages with the community in the post.
This bull market is the show of Bitcoin. The on-chain data and info are showing there is a lack of liquidity flowing into alt coins. Meme coins are quietly eating alt coin market's lunch.
An alt coin season is a prolong period of time where a lot of coins are outperforming Bitcoin. We haven't seen this occurred this bull run yet; hence, the alt season has not begun yet.
Some are speculating if we will have a bull season or not actually.
Based on my guides' intel, we will have a bigger rally than what we have seen thus far but without fireworks. The bigger rally is the finale of this season. So this is a concerning and which has led me to write this blog post to give warnings to the group.
This is a long blog post that I'm dreaded to write because it is not a good news. But it's an important blog post that I need to share with the group now as I have so much more alt coin dreams/predictions plus the market data to support what could unfold with the alt season for this bull cycle.
Let's go back to the beginning which was the altcoin dream I got in Jan 2024.
They didn’t tell me the percentage of how much it will rise nor show me any price predictions. They showed me a few scenes of a big party and celebrations.
The feeling felt like we will have a few celebrations because different alts will pump at different times. But I didn’t get the exuberance excitement or fireworks atmosphere.
There was one big celebration atmosphere in the air for alts. I cannot quantify that in price prediction because they didn’t give it to me since I asked them about the alt market as a collective instead of a single coin prediction.
People were happy at the party but I didn’t see people extremely overjoyed.
--> Throughout the dream, everyone in the dream knew we were having alt season; there were lots of anticipation and waiting. However, there were lots of waiting around for prices to pop. But they didn't give me an indication it had a big spike continuously for days like we wanted.
At the end of the dream, there was a bigger celebration because alt prices were higher. But they didn't tell me how many Xs or high alts were performing.
The alt coins rallied from Oct-Dec, and now many coins are having a pull back to retest the lows. So, we're waiting for them to go back up again - the current condition of the market resembles my dream. The alt market doesn't go up every day from now until 2025. It will have peak, valley, and pull back.
My concern is the 2024 alt rally is not as high as we wanted. This might be true or might be not true. Just sharing my thoughts with the group.
I'm keeping a pulse on the market; I will update everyone when if there's important msg the group needs to know.
Bitcoin will perform spectacular because based on my guides BTC chart for this cycle and multiple high BTC price predictions. Their BTC chart is unfolding and BTC reached a new ATH 73.7K before the halving because of BTC ETF.
So, we have no worry that BTC will reach 80K-100K during this bull cycle.
We need as many retail investors (me and you are called retail investors, regular investors) to be in the market like 2017 and 2021 bull alt seasons. During the dream, people knew we are having a bull season, but people just go about their days and don't care or pay attention to the market as much as 2021.
This is exactly what's going on with the market presently. Alt coin has had a few short burst of pop since Oct 2023. Each pump is short-lived, it paused, and then it pumped again several weeks later. The one thing about each pump is when BTC dropped, the gains are lost by 20%+. People are taking profits from each of the pump.
--> Below is the BTC chart from Coingecko - where ever I put the dash, BTC had a pull back from late Jan 2024 until now which disrupted the alt coin pump.
The video below from Coin Bureau provided multiples data across the board from CB app not trending as #1 on the App Store, volumes on exchanges are down compared to last season, only 8 coins hit ATH since FTX collapsed, CB’s trading volumes have been down 68% compared to last season of why alts are not having their alt season right now.
He pointed out retails were the one who got burn from FTX collapsed and 2022’s debacle. Not a lot of new retails are in the space to pump alts like 2021 (this is a validation to my alt coin Jan 2024 dream above).
This explains why alt season is not here yet and why your alts are not moving as much
URL https://youtu.be/CD0FSjw0axI?si=WU2TjCfSV3HLCU3e
-->After I finished writing the note the current alt season is different than the 2021’s season, Inverse Capo came forward and said, “way worse” than 2021 cycle