Bitcoin (BTC) Triggers the Deepest Signal of All Time
The price of Bitcoin (BTC) has just triggered one of the strongest overbought signals in its entire history – even deeper than the bottom of 2018 and the capitulation of 2022 during the FTX and LUNA collapses. Analyst Michaël van de Poppe says that BTC has never recorded such an extreme reading before. The funny part? Traders were excited to buy Bitcoin at $120,000 not long ago... but now that it's near the $60,000–$80,000 range after a sharp drop, many are suddenly unsure.
Something strange is happening in the market right now, something I have never seen before in the history of cryptocurrencies.
Bitcoin has dropped drastically from US$ 110 million to US$ 90 million in just 14 days, but at the same time, BTC's dominance has decreased by 4%.
In other words:
The Others/BTC pairs (altcoins against BTC) have fully recovered from the drop on October 10.
This shows us one thing very clearly: No one is panic selling altcoins at this moment.
The entire movement seems to be dominated by high-level players who primarily operate in the top 10 coins, especially $BTC, driven by cartel-level rotations.
This could represent a major internal shift of positions among the big players, a combination of strategic distribution and accumulation before the next phase.
The only hope that stands out at this moment is that BTC's dominance is decreasing and altcoins are holding strong.
1️⃣ $DOT – The Multichain Backbone 🪢 2️⃣ $SOL – The Speed King of NFTs & DeFi ⚡ 3️⃣ $LINK – The Oracle of Web3 🔗 4️⃣ $ADA – Scalable & Eco-Friendly 🌱 5️⃣ $ATOM – The Internet of Blockchains 🌌 6️⃣ $AVAX – Ethereum Rival 🏔️ 7️⃣ $VET – Supply Chain Beast 📦 8️⃣ $ALGO – Gov-Backed Adoption 🏛️ 9️⃣ $EGLD – Web3 Rocket Fuel 🚀 🔟 $XTZ – NFTs + Self-Upgrading Chain 🎨
👉 Each of these has strong fundamentals, proven track records, and communities backing them. In the right conditions, they could be altseason millionaire-makers.
💡 Question: If you had to pick just 2 of these for the next bull run, which ones would YOU ride?
Sit down and cry, it's over. Move on to the next one
DanielDuartetrade01
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good morning everyone I bought 3 thousand dollars of this token lost everything and now what do I do to recover my loss can someone help me with an idea? thank you in advance.
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