I keep reading and watching different analysis on BTC action above the previous ATH and how it correlates or potentially can correlate to an altcoin season pump.
This recent video was really helpful in showing some different projections in terms of BTC action between now and 50k. Hard retracement now with alt coin pump would mean double alt season, whereas a BTC pump higher with altcoin action trailing behind would most likely mean a single season if you compare it to historical data.
https://www.youtube.com/watch?v=JELOfVGv50M
What are your thoughts on the topic? Are we headed for $50k BTC soon, after some time, not at all? How about the alt's?
I keep reading and watching different analysis on BTC action above the previous ATH and how it correlates or potentially can correlate to an altcoin season pump.
This recent video was really helpful in showing some different projections in terms of BTC action between now and 50k. Hard retracement now with alt coin pump would mean double alt season, whereas a BTC pump higher with altcoin action trailing behind would most likely mean a single season if you compare it to historical data.
https://www.youtube.com/watch?v=JELOfVGv50M
What are your thoughts on the topic? Are we headed for $50k BTC soon, after some time, not at all? How about the alt's?