A little optimism to finish this pre-Christmas Saturday 🎄
This unique breakout could end our poverty and begin a season of #altcoins like the one we saw in 2021.
- The #altcoins against $BTC continue in a 4-year downtrend that started in January 2022.
- Altcoins are now at their highest level of historical oversold. The RSI is literally in negative territory.
- While BITCOIN surged 8.5 times from the low of $15,400 to $126,000, altcoins are at their 4-year low.
So far, we have had two failed breakouts in March and November 2024. It was then that we saw some rises in our altcoins.
All of 2025 was a disaster for altcoins, especially the flash crash on October 10.
But here’s some optimism:
- The RSI is on the verge of a bullish crossover. The last time this happened, we saw the altcoin season of 2021.
- The MACD is about to turn green after 43 months (excluding the false trend we saw in March 2024).
- Historically, altcoins outperform the $BTC once QT ends and QE begins.
- Added to this is low inflation, more rate cuts, QE, and a bullish Fed chair in 2026.
