My base case for those who don't get the nuanced view: BTC.D rejected at 0.786 Fib Level (66%) just like it was rejected at 0.618 Fib level (60%) last year. ALT/BTC is up because ETH/BTC is up But ALT/ETH is bleeding So ETH is better than ALTs. Remember ALT/BTC pairs have found a local low every June from 2022-2025). ALT/BTC rally will likely end by late August at the latest BTC.D rally in Sep-Oct ETH/BTC higher low in Sep/Oct ALT/BTC pairs lower low in Sep/Oct (could be beginning of Nov). Hard to know if the next rally by BTC.D leads to a higher high even if ALT/BTC pairs put in a lower low (as it depends on how high the next higher low is for ETH/BTC). Look at what ALT/BTC pairs did from July-August of 2017 and see how they still dropped to 0.25 by late October. Look at how while ALT/BTC pairs are up, ALT/ETH pairs are down 40% since ETH "went home." I could be wrong about any one of these views, but these are my views. When something I posted above is inevitably wrong, you are welcome to post this receipt and laugh. Also, I'm not talking about your alt.
@veryrealcrypto What are you talking about? I said ALT/BTC low in June before dropping by Q4
Benjamin Cowen
Benjamin Cowen3.7. klo 22.39
The last 2 summers #ALT / #BTC pairs found some brief relief before heading lower into Q4. The larger bounce by ALT / BTC pairs over the last few years did not occur until November.
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