#BTC vs #OTHERSBTC

💭 What’s wrong with this cycle?? | Big Picture

#Bitcoin bottomed out in November 2022. It’s been ‘up only’ for #BTC since then.

#OTHERSBTC has been going ‘down only’ all this time.

This is why this cycle has been so bad for #Altcoin holders 📉🤮

But what exactly went wrong and when? 🤔
Let’s take a deep dive into the market structure ⬇️

In 2015-2017 & 2019-2021 #OTHERSBTC and $BTC were rising in sync, but this time it’s truly different.

In the early stages of the Bull Cycle things looked very similar to the previous cycle.
Take a look at two time periods: December 2018-August 2019 & November 2022-June 2023

$BTC bottoms out first, #OTHERSBTC makes a Lower Low in 6 months while $BTC rallies and switches the trend from Bear to Bull.

So in that period of time we have a Divergence between $BTC & #OTHERSBTC. We had that in 2019 and we had that in 2023.

August 2019 was the absolute bottom for #Alts against $BTC and we had a steady uptrend for the following 30 months!

This cycle we were on track to repeat the same pattern: #BTC bottomed out first, then it rallied and switched the trend from Bear to Bull while #Alts printed a Lower Low. June 2023 was supposed to be the ultimate bottom for #ALT/BTC pairs! We had a decent run up from June to January 2024, but then something broke ❌

❓Do you know what happened in January 2024? F*cking #Bitcoin ETFs got approved. It’s been ‘down only’ for #Alts since then 📉😵‍💫

So now we have this giant Divergence between the price of #Bitcoin (sitting at the all-time high) and #OTHERSBTC (sitting at the 4-year low) 💁‍♂️

I believe that eventually this Divergence will play out just like the one in Dec2018-Aug2019, but on a much bigger scale. It will be a MULTI-YEAR Uptrend for #OTHERSBTC 📈 (probably next cycle | if talking about cycles is even appropriate now lol)


So that’s why I was wrong on #Alts in general. The prior cycle’s playbook just didn’t fit this time 🤷‍♂️
Some #Alts like $SOL did exactly what I expected (made a new ATH), but that’s because coins like #Solana had a very strong narrative and they moved up with #BTC in sync. The rest are just waiting for a #BTC.D Meltdown and a steady #OTHERSBTC uptrend 📈

What the f*ck is this $ZEC monthly candle 😲

Holy smokes! 5x in 1 month is insane!

Erased 4 years of downtrend and took out the 2021 High 🔥

A sneak peek of what's coming to other #Alts
It's just a matter of time

I don't know what will be the catalyst, but $LTC will pump like $ZEC

$RUT (Russell2000 / US Small Cap 2000 Index) has broken out of a Giant Cup & Handle 👀👀

Whenever $RUT breaks out into price discovery, #Altcoins literally explode to the upside 🔥🚀

$RUT breakout in November 2016 - #TOTAL2 +120,000%
$RUT breakout in November 2020 - #TOTAL2 +915%
$RUT breakout in October 2025 - #TOTAL2 ???%

This is our last chance guys! $Alts are ready to go, we just need a major catalyst

December 2017 = #BTC Cycle Top
November 2021 = #BTC Cycle Top
October 2025 = #BTC Cycle Top??

Each cycle shifts by 1 Month 🤔

Nice 📉😎

$GOLD

Reality Check | #Bitcoin

We would need something extraordinary to break that Resistance line on the MVRV Z-Score

I mean something that can teleport #BTC ($2.2T asset) to $300k in a month or two. Ask yourself, how likely is that?

$ZEC price is still below the 2017 top ($900) but look at the Market cap 👀

This #BTC weekly chart with a MASSIVE Bearish Divergence on the RSI is a true horror today

Happy Halloween! 👻

Vitalik talks about ZKsync $ZK

Probably nothing, right?

$TAO update

+56% 🤷‍♂️

$TAO 1M chart

That’s a very strong Bullish Engulfing candle 👀

Oh boy

$SUI is ready for a good bounce on the daily 👀📈

There’s a nice Bullish Divergence on the RSI

$BCH looks surprisingly strong on the weekly 🧐

$ZEC has already broken its 2021 Top, so maybe $BCH will follow suit

$ZK 1W chart

October 10 crash fully engulfed in 1 candle 💪

And look at the Volume! Biggest Volume EVER 🔥

What happened over the weekend is a big wake-up call. I guess no one doubts ZKsync now

We still need to break that Resistance line, but it's only a matter of time

#Bitcoin 1M chart

It’s so over for #BTC that I don’t even know what can save it 🤷‍♂️

This does look like a Cycle Top. Very similar to the 2021 one.

- Bearish Divergence on RSI
- Bearish Divergence on Stoch RSI
- Similar Red monthly candle at the top
- Same 35 Months from the cycle bottom to top

⚠️ Beware of the Bear

#BTC is puking but look at $ICP 👀

October 10 Crash fully engulfed!

Repeating the same pattern as in 2023 & 2024 but on a bigger scale 👌

I won't be surprised if $ICP pumps like $ZEC or $DASH