AltQueeny retweeted
Technically, we are in an alt season and have been for some time.
This of course depends on your definition. But if we define it by alts outperforming BTC over a period of 3+ months? Then yes.
With $BTC pretty much flat in the past few months and $ETH up nearly 2x that's not so hard to believe.
78% of alts in the top 50 has outperformed BTC in the past 3 months. That's quite substantial.
But most of this outperformance has remained within this group of majors & leaders and has not trickled down to the mid & small caps.
If these rallies go on for long enough, I do believe we will eventually see that, but not to the degree like we saw in 2017 & 2021.
Picking the outperformers will still matter. Not every sector and every coin will go up. Go where the flows are in your favor. Even larger coins can still pull 3-5xes in the matter of weeks. We've seen plenty of examples from that. No need to go too far down the risk curve if the performance doesn't match the additional risk you are taking.
AltQueeny retweeted
My latest article covers the topic of bitcoin treasury companies, as well as the overall store-of-value vs medium-of-exchange debate:
lynalden.com/bitcoin-stocks-…
AltQueeny retweeted
#BTC Dominance
Bitcoin Dominance is now in the process of positioning itself for what will most likely be its final leg in its Macro Uptrend before a major collapse
The road to 71% continues on successful retest of 64%
But it is the Final Countdown
$BTC #Crypto #Bitcoin
AltQueeny retweeted
🇺🇸 Donald Trump 2024 Bitcoin Conference Speech Recap:
• On day one I will fire Gary Gensler and appoint a new SEC chairman.
• Create a US Government strategic national Bitcoin stockpile if elected.
• US Government will keep 100% of Bitcoin it owns
• Bitcoin is going to the moon.
• Never sell your Bitcoin
• Bitcoin will one day probably surpass the market cap of Gold.
• I reaffirm my pledge to commute Ross Ulbricht's sentence.
• There will never be a CBDC while I am President of the United States.
• Bitcoin and crypto will skyrocket like never before if elected president.
• Bitcoin is not threatening the dollar, the current U.S. government is threatening the dollar.
• The United States will be the crypto capital of the planet and the Bitcoin superpower of the world.
• Bitcoin stands for freedom, sovereignty, and independence from government coercion and control.
• I pledge to the Bitcoin community that the day I take oath of Office, Joe Biden and Kamala Harris' anti-crypto crusade will be over.
AltQueeny retweeted
BIG BREAKING 🚨
#ETHEREUM FLAG RAISED AT WALL STREET . BULL RUN IS HERE 🔥
AltQueeny retweeted
JUST IN: $130 billion asset manager Hightower discloses buying $68 million worth of spot #Bitcoin ETFs.
AltQueeny retweeted
JUST IN: Elon Musk says the dollar "will be worth nothing" if the US doesn't do something about its national debt.
AltQueeny retweeted
JUST IN: 🇺🇸 President Donald Trump says #Bitcoin is an "additional form of currency" with a lot of use.