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#Altcoin season is arround the corner.

I think #Altcoin season is next. By Crypto Australia

The #Altcoin Season Index is climbing rapidly, but only a handful of coins are seeing strong gains!

The boring state is the period of accumulation before a new push happens. That’s the current state of the #Altcoin markets.

The #Altcoin market capitalization valued in Bitcoin is at the highest level since the end of July. Good perspectives, and it's a pretty substantial breakout. Better times are ahead.

The #Altcoin markets are reversing. I'm positioned into $OMNI (and under-water), but it's showing a: - Daily bullish divergence. - Reclaiming the level of early August. Expect to see a run of 2-3x in the coming 2-3 months against $BTC value --> the most important metric.

The #Altcoin market capitalization, valued in Bitcoin, is still consolidating. We're in the middle of that bottoming process, but it's taking a long time. Expecting to see a significant run towards new highs once this starts to turn around.

Valid falling wedge and bullish divergence on the #Altcoin market capitalization divided by Bitcoin. I think we’re in for a great final part of this year. https://x.com/CryptoMichNL/status/1827254521225162944?t=CykS0U09CC0XSGUvztSAHw&s=19

The Others market capitalization, which is technically the #Altcoin market capitalization, is currently acting at the low of 'Disbelief'.

The #Altcoin market capitalization is down 60% from the ATH, while Bitcoin is only down 15%. Lots of upside for altcoins still to come.

The #Altcoin market capitalization is not showing anything massive, yet. Smaller altcoins have been collapsing. The bigger ones still stand, through which this can be seen as a relatively normal consolidation for the entire index. Reversals should come in the coming weeks.

The total #Altcoin market capitalization has bottomed during the release of the Mt. Gox news. A strong upward bounce, but more importantly, a strong reversal since it tested a higher timeframe support. https://x.com/CryptoMichNL/status/1814661548193034620?t=tmCmHJhGfr0c38lQIfYUfg&s=19