Altcoin SUPERCYCLE (How It Begins)

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Altcoin super cycle and how it begins is one of the most uncomfortable and out of the box thought processes going on in crypto right now. The idea that altcoins that have been around for cycle after cycle, getting lower and lower highs, seeming to go to the wayside and die forever, ever coming back is something that nobody can seem to grasp as a possibility. And for usual market analysis in the beginning of the week, I like to take a look at Bitcoin and where Bitcoin is going. Honestly, Bitcoin is pretty simple right now. This is on the two week timeframe for Bitcoin, showing that we are clearly digging ourselves out of the current bear market. Now, should something crazy go on macroeconomically or another war, if Trump wants to start another war, sure. All bets are off and you could start painting lower price targets, but as things sit right now, Bitcoin is coiling around the $78,000 to $70,000 range. The more important graph that we need to discuss today is not Bitcoin. It is the altcoin sector. There's a reason why no euphoria hit in the last bull market for a vast majority of the altcoin sector.

Bitcoin absolutely had euphoria hitting $126,000, but many of the altcoins that people have been holding for cycle over cycle have hit new lows. They're asking themselves, can these projects ever have an escape pump or a glow up back to recent highs?

Now, the most important chart that I want to show to you on this episode is not Bitcoin, it's the Others chart. This will give you a higher scope view of where the markets have been over the last few years to give you a better understanding of where my mindset's at and why I started layering into altcoins a few months ago. Now, the Others chart is something to admire and we have to take this piece by piece. Now, the data you're looking at on the screen is a weekly timeframe chart showing each bull cycle for the altcoin sector. You have two major peaks here in 2018 and a secondary peak here in 2022 Now, this February 2022 timeframe on the Others chart, where it absolutely exploded up to the 0.5 level, when you measure it on Bitcoin's all-time high at that timeframe, Bitcoin hit $68,000 and good times were being had. The problem with the last bull market that we went through for altcoins in particular is that the blow-off top for Bitcoin, which was absolutely awesome at the $126,000 mark, was mirrored on the Others chart by a pitiful walk to the downside in what feels like a road to zero. Here's your $126,000 Bitcoin price action. And this moment on the Others chart is actually marking when Bitcoin rose to $74,000, breaching a new all-time high early. What's happened to the Others chart over the last four years is absolutely breathtaking. This has been a falling wedge pattern that has actually played out to a very, very similar measure back here in the 2018 down to 2019 time frame. But the important part about this chart is the underlying metrics that I see that are matching up perfectly to history rhyming. You're looking at this on a weekly time frame, and just measuring and looking at how much money is flowing in and out of the market, there's a tell to be told. The bear market of 2018 to 2019 is very, very clear with this red money flow downturn. Over the course of the last four years, the money flow downturn on all coins has been absolutely brutal. Then take it a step further and look at what's happened as recently. All coins in the Others chart has just recently popped its head into green money flow for the first time in a long time. In fact, the last time that we saw a green money flow breach for the Others chart was back here in November and December of 2019

As you can see, the first time it pops its head back into the green money flow, there's a hesitation point. And if I'm looking at the structure of this graph with that additional money flow data, this choppy up and down but slightly higher low system that we are building out for ourselves in the Others chart, as the money flow is just barely reaching into the green, is exactly like this chart looked like in 2019, December of 2019

So if we go ahead and pull a bars pattern from this range right here, just to look at what this chart could look like if a similar pattern repeats itself, from the beginning of the breakout of this descending triangle over to the blow off top of January 22, and pull that over to our current situation, the view is very, very terrifying for people that are expecting alts to go to zero. And if we roll this data out, not even looking for a blow up to this trend line of higher highs that has developed over each peak, we could actually see a breach of all time highs on the others chart over the next few years. This obviously would entail extreme volatility along the way, but so far, it does match up to a pretty good degree, with a very choppy, up and down, but slightly higher low scenario playing itself out. Now, keeping in mind that if this pattern is simply repeating itself or rhyming, there's a likely retest of this zone where we come back down to the 0.13 level. And if we look at the timeframe of expectation on how long we have to wait to see really good action come back to the altcoin sector should history repeat itself, let's go take a look at the timeframes of how long you had to wait to see that action come back to the market. So from the breakout of that original descending wedge back here from 2018 down to 2019, where we broke out of it and started building upward momentum, it took around 462 days to see that real beginning of a glow up season for altcoins.