A primary digital asset investment firm attempts to answer the question of whether Bitcoin (BTC) has or not.
In a new analysis published on the X social media platform, Swissblock says that the fundamental BTC index can answer this question.
“If you are wondering if Bitcoin always has an advantage – this is the only table that you must see:
Basic chain principles have returned to force.
This decision is not only speculation.
A sustained advantage is now structurally sustained. Higher. “
BTC is worth $ 119,154 at the time of writing, up almost 10% last week.
Going to Altcoins, Swissblock dares to answer another question in the minds of traders – at what distance is the Altans season?
“Alts-Season in Sight: Wave 5 started?”
The Altcoin market has just emerged from a consolidation of several months.
The structure suggests a classic 5 wave movement – and wave 5 can be in progress.
Historically, waves 5 in the crypto take place quickly and vertical – it could reflect 2017 or 2021.
Target: 1.79 dollars billion – 3.37 billions of dollars
Alts-Season may be there-but it could also be the last step before the cycle peak. »»
Swissblock’s “waves” refer to the theory of Elliot waves, a financial analysis framework which considers markets as moving in models of repetitive waves motivated by investors’ psychology.
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