Smart money are probably buying your favourite altcoins and bears are running out of sellers !!
In my previous TA I was pointing out that Bitcoin might be loosing its dominance in upcoming months and alts might have relief rallye.
Today I´ve took a look at total crypto market cap exclude BTC and marked for you a possible market cycle and it somehow fits with that previous TA which makes me even more confident that ALT season might be comming.
Why is there merit to think that BTC dominance will rise to 100%? Seems very unlikely to me and I think that we could see a total altcoin marketcap grow up to the 1-2 Trillion dollar range during 2020-2021
Everyone is calling ALT coins dead which fits to Disbelief stage just BTW
I wish nice and profitable day to all of you :)
(Feel free to leave a comment in case of questions & like if you find my work helpfull)