đ Altcoin Market Cap Golden Cross Incoming! đ
The Total Altcoin Market Cap is on the verge of forming a Golden Cross, where the 100MA (blue line) is about to cross above the 200MA (red line). Historically, this pattern signals the start of strong bullish momentum.
đ What Does This Mean?
âą In 2020, a similar Golden Cross led to a massive altcoin rally, pushing the market to new highs (as shown in the first green zone).
âą Weâre now seeing the same setup, suggesting a potential breakout could be imminent.
đ Key Takeaways:
âą A Golden Cross indicates long-term bullish trends.
âą Breakout potential is high, with the altcoin market cap possibly targeting new all-time highs.
âą Keep an eye on volume and price action in the coming weeks for confirmation!
Alt Season might just be around the corner! đ
Not financial advice. DYOR!
#AltSeasonComing #WatchTheMarket #GoldenCross #technicalanalyst