EVERYONE Will Miss Altcoin Season AGAIN (HERE'S WHY)

**Drew** (0:00)
Oh yeah, it's been a while. Welcome to the Blockchain Basement. We once again suck at playing soccer here in the United States. It's not football, it is soccer, but we still lost. Dammit, we still lost last night. It is what it is. And you know, you can't win them all folks. You can't win them all. Apparently breaking news. Trump says Belgium is two weeks away from developing a nuclear bomb though. So we might be checking out what kind of freedom we can implement upon Belgium. You heard me Anthony out there. No, if you're from Belgium, much love to you. I mean no harm. But what's up? What's up Deontre? This is a random show. I have something very specific that I want to discuss on this show today. And the potential of altcoin season arriving once again, but most people are going to miss the boat. This drives me crazy. I'm seeing some signals go off on the Bitcoin dominance chart. They're telling me that a massive change up to the way altcoins move in tandem to Bitcoin is likely to be on the horizon. Get all my thoughts together with the family, Blockchain Basement OGs before this information bakes it out. And honestly, pretty large write up is going in our school community about this very subject matter. But as you know, last bull market there absolutely wasn't altcoin season. Most people missed it because it came before the Bitcoin having even occurred March of 2024, and then a secondary pound for AI agents in December of 24 Two different times, altcoin sector absolutely ripped. So they do exist. Miracles do exist in altcoins. It's a hard beast to tackle.
So I'm going to be covering that on the show today. Just a quick little analysis of everything going on. Honestly, crypto is not looking too bad right now. Crypto is not looking too bad. Let's go check out coin market cap, see what we're looking like. But in general, I saw Zcash make it move back to the $500 mark Bitcoin. Busting above that $64,000. Ooh, that feels good. $64,000 Bitcoin never felt so damn good. Now, this is a time where, as you can tell, morale is low. Morale is low in the altcoin and crypto sector.
And I never understand it. I really never will understand how people can be so over the moon, looking at $120,000 Bitcoin. And so down into the gutter, when it's at 64, it's half price, right? Like this is the backwards mentality. This is the mentality of losers that are upset with crypto being half the cost of its previous all-time high. They will sit here waiting for these guttural lows of the last bear market in the 20s or 30s. They're going to be waiting for a while.
You know, they're going to be waiting for a while. And I did go over my general Bitcoin analysis, but I think I will have to redo that for this show just to kind of set the table for what I see happening to Bitcoin dominance in and of itself. So I'll actually pull out the Bitcoin chart just to kind of reiterate that fact and show what I'm thinking here. So Bitcoin, weekly bullish divergence, very strong. Took months for this to develop, months and billions died in the process. We have lower lows developed on the price and higher lows developed on the relative strength index. This takes a long time to play out. Now in this timeframe of this bolded playing out, people have given up. They've given up. Yeah. Let's do sound money. I want to see this is shame because at the height when we're at the peak of the hype should be where we're this low through, but because now is the best time to buy. Yeah. People just, they love the peaks. And this is the, I will talk about this. So the aggravating part of being a content creator in crypto for me is the views all come at these peaks, right? A peak of 26 or 25, peak of 21 That's where everyone's like kind of FOMO-ing into the show. And then party stops when you're at the lows, when you're trying to deliver the information at the most important times, like here or here, that's where the attention hits the lows. It is what it is, man. That's part of the backwards mentality of this. And you know, a lot of the framework of what I'm trying to change in the school is exactly that. It's trying to reverse that mindset so that we don't get stuck surrounded by bag holders. Right? We're trying to take profits, not screenshots, damn it. But Boldiv on the Weekly for Bitcoin. Boldiv on the Weekly. And this only comes but once a bear market. This only happens once every bear market. Very important time. I'll show this here. So this is our Boldiv of the 22 bear market. In about June is when it started developing once that capitulation handle happened or that capitulation candle, rather, right? So it takes a while for these things to play out. Now, measuring from Boldiv to get out of that situation time frame, going to be something important. So from the seven fear candle to the time frame where we started digging ourselves out of the trench and actually popping back above that local low range, it took two hundred and seventy days. Now if we measure from our current capitulation wick, which is actually this one registered a five on fear levels, things repeat kind of the same. We don't get out of the shit till about November of this year. Perfect, perfect time frame to buy perfect time frame to buy. Absolutely delicious. And it might just be that easy for Bitcoin. I think it is really that easy for Bitcoin. Bitcoin's not hard. Bitcoin investing is not hard at all. What is hard is altcoins. What is hard is altcoins.