Let's see what happened right before Altseason 1.0 and 2.0 🤔
This is weekly BTCÐ candlestick charts right before Altseason 2.0 in 2021.
While BTC price declined, ETH price went up, which means the Decoupling signal occured.
It's right before Altseason 1.0 in 2017.
While BTC price declined, ETH price went up.
The Decoupling signal occured as well.
Yesterday, I checked the recent market movement.
History repeated itself.
Today, BTC price rose again.
I guess the Decoupling signal of BTCÐ implies the appetites of retail speculators who've been expecting an ETH rally 🤔
Even though the signal appears, for the sake of Altseason 3.0 to happen,
BTC should go up first, then ETH follows and increase more, sustaining ATH(All Time High) and the upward trend for several weeks.
Let's keep our eyes on the signal and check whether it's meaningful or not 🧐
Great post! Featured in the hot section by @punicwax.