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Tag: altseason

Bitcoin Dominance Breaks Pattern

The AltSeason CoPilot reports a large divergence as Bitcoin Dominance Drops the past several days. This pattern of Bitcoin Dominance chart may indicate altcoin are going to out perform bitcoin prices – providing opportunity to trade the spread for profits!

AltSeason CoPilot Pie Chart is showing a wide range of ALERT status coins as the ALT/BTC spread shows promise.

Plotting the change in ALERT and HOLD status coins over time, we can see this third wave of potential moves in 2023 now seems to have greater follow-through than we saw in January and February.

Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie char above is our Altseason Index.

Key Trading Tips To Remember

The following article was created based on our unique trading approach. We have been giving aways our proven crypto trading plan PDF since 2015. Join thousands of people and learn to profit from trend trading.

Enhancing Cryptocurrency Profits: Decoding Altcoin Season

The cryptocurrency market offers an expansive array of profit-making possibilities. Key among them is the altcoin season, a phase characterized by a marked surge in the US Dollar value of altcoins (cryptocurrencies other than Bitcoin). The altcoin season sees altcoins’ market capitalization skyrocket at a speedier rate than Bitcoin’s price, irrespective of whether the latter’s price is steady, escalating, or dwindling. This scenario provides a valuable trading opportunity: the ALT/BTC spread.

ALT/BTC Spread: An Opportune Investment Strategy

In the ALT/BTC spread trading during the altcoin season, investors can tap into the price disparities to amplify their profits. The AltSeason CoPilot trading system is an excellent tool in this regard, offering a proven crypto trading plan replete with risk control strategies. This system helps you optimally utilize the altcoin season to enhance your cryptocurrency profits.

Deciphering Market Trends: Bitcoin and Stable Coin Dominance

A crucial indicator of the altcoin season is a reduction in Bitcoin dominance, which signifies a decrease in Bitcoin’s market capitalization as a fraction of the total cryptocurrency market cap. This signals a shift in investor focus from Bitcoin to other cryptocurrencies.

Conversely, an uptick in stable coin dominance – with stable coins serving as value stores and a medium for secure monetary transactions in the market – can be bearish for altcoins. It might denote that investors are contemplating withdrawing money from the market or safeguarding their investments against volatility.

However, a decrease in stable coin dominance is bullish, hinting at an increased investor confidence in the market and their readiness to undertake higher risk by reinvesting in cryptocurrencies.

The Power of Diversification: Navigating the Altcoin Market

While it’s true that these market trends often signify the onset of the altcoin season, the real winners within the group of altcoins might be elusive. The daily action matrix from the AltSeason CoPilot can be a reliable tool for assessing the performance of individual coins.

Moreover, an increase in stable coin usage may not always point to market insecurity. It could also reflect a heightened adoption and demand for stable coins as a store of value. Therefore, understanding these complex interrelations is vital for successful trading.

ALT/BTC Spread Trading: A Richer Portfolio

Most cryptocurrency traders concentrate on trading altcoins against the US dollar, potentially overlooking the lucrative opportunities that the ALT/BTC price spreads can present. Trading the ALT/BTC spread offers the significant benefit of enabling traders to take smaller position sizes and distribute their portfolio across multiple cryptocurrencies. This diversification strategy can help traders benefit from substantial movements in the most promising cryptocurrency markets while mitigating risks associated with non-performing coins.

Conclusion: Unlocking Cryptocurrency Profits with AltSeason CoPilot

If your aim is to unlock substantial profits from the cryptocurrency market, the AltSeason CoPilot system is your ideal ally. With its proven crypto trading plan and risk control strategies, it allows you to benefit from the altcoin season optimally. By trading the ALT/BTC spread during altcoin seasons and diversifying your portfolio, you can embrace a wide array of opportunities in the cryptocurrency market while keeping risks at bay. Always remember, focusing on long-term altcoin trends and effective portfolio diversification can be a winning strategy during the altcoin season.

Frequently Asked Questions

Q. What is altcoin season and how does it impact cryptocurrency trading?
A. Altcoin season is a period when altcoins outperform Bitcoin in terms of market capitalization and profitability. During altcoin season, it is often possible to take advantage of the ALT/BTC spread to make significant profits through crypto trading. Altcoins tend to be more volatile than Bitcoin and can be traded on both the long and short sides, enabling traders to potentially benefit from price movements in both directions.

Q. How can I take advantage of the ALT/BTC spread in crypto trading?
A. By studying the trading patterns of both Bitcoin and altcoins, it is possible to identify trading opportunities to make profits from the ALT/BTC spread. By setting entry and exit points, traders can make small profits by taking advantage of the price differences between Bitcoin and altcoins.

Q. What are the risk control strategies I should consider when trading altcoins?
A. When trading altcoins, it is important to employ risk control strategies to minimise potential losses. This includes setting appropriate entry and exit points, limiting exposure to risk and using tools such as stop-loss orders and trailing stops. It is also important to closely monitor the markets and diversify your portfolio to reduce risk.

Q. Why do altcoins tend to outperform Bitcoin during altcoin seasons?
A. During altcoin seasons, there is often a flight to safety in the cryptocurrency markets. This results in traders switching from Bitcoin to altcoins in order to benefit from the higher price movements. Furthermore, altcoins are generally more volatile than Bitcoin, making them attractive to short-term investors.

Q. What are the signs of an upcoming altcoin season?
A. There are several indicators that can signal when an altcoin season is about to begin. These include a drop in Bitcoin dominance as altcoins gain more traction, an increase in volume across exchanges, and a general market sentiment that is bullish towards altcoins.

June 3, 2023
AltSeason CoPilot – Cryptocurrency Portfolio Rebalancing Tool

Sign up for the AltSeason CoPilot. The Cryptocurrency Portfolio Rebalancing Tool That Anyone Can Actually Use.

Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day.

Key Trading Tips To Remember

The following article was created based on our unique trading approach. We have been giving always our proven crypto trading plan PDF since 2015. Join thousands of people and learn to profit from trend trading.

Altcoin season is a period of time when the US Dollar value of altcoins, or cryptocurrencies other than Bitcoin, experience a surge in value and market capitalization at a faster pace than Bitcoin’s price. This can happen when Bitcoin’s price is stable, rising or decreasing. By trading the ALT/BTC spread during altcoin seasons, investors can take advantage of these price differences and increase their profits.

The AltSeason CoPilot is based on a proven crypto trading plan that includes risk control strategies. It is designed to help investors identify altcoin season opportunities and maximize their profits. The CoPilot is based on the principle of finding the altcoins that outperform Bitcoin during altcoin seasons.

The AltSeason CoPilot provides signals and indicators that can help traders
identify the best altcoin season opportunities.

It also features risk management tools that can help traders
manage their exposure and minimize their losses.

Another sign of an altseason is a decrease in Bitcoin dominance, which means that Bitcoin’s market capitalization as a percentage of the total cryptocurrency market cap is declining. Stable coins are often used as a way to store value and move money in and out of the market while remaining in a monetary form that is easy to convert back into other cryptocurrencies. When stable coin dominance increases it is bearish for altcoins, it may indicate that investors are seeking to move money out of the market or to protect their investments from volatility. On the other hand, a decrease in stable coin dominance is bullish because it may suggest that investors are feeling more confident in the market and are willing to take on more risk by investing into crypto again.

While this indicates that investors have shifted their focus to other cryptocurrencies, it is an average of the entire group. Within that group of coins, some will be out performing, while others are stagnant. Bitcoin Dominance doesn’t give us the specific insight about which coins are performing best but we can rely on the daily action matrix from the AltSeason Copilot.

Bitcoin Dominance Relationship Shifts

It is important to note that these relationships are not always straightforward and can change over time and we must always manage our risk exposure and be aware of common trading mistakes. For example, a decrease in Bitcoin’s dominance may not always mean that altcoin season is upon us. It could also be caused by a decrease in the overall market capitalization, as has been seen during market downturns. Similarly, an increase in the use of stable coins may not always indicate a lack of confidence in the market. It could also be a sign of increased adoption and demand for stable coins as a store of value.

Many traders in the cryptocurrency market focus on trading altcoins against the US dollar. However, by focusing solely on this approach, many traders may be missing out on valuable opportunities that trading the ALT/BTC price spreads can provide.

Diversification Of Risk Exposure

Another significant advantage of our approach to trading the ALT/BTC spread is that we recommend our traders to take smaller position sizes and spread their portfolio across multiple cryptocurrencies. By diversifying their portfolio in this way, traders can potentially benefit from explosive moves in the hottest cryptocurrency markets while minimizing risk in those coins that have no follow through.

With this approach, traders can take advantage of a wider range of opportunities in the cryptocurrency market – while keeping risks low. To unlock profits with altcoin season trading strategies, it is important to focus on identifying long-term trends for altcoins and taking advantage of portfolio diversification.

In addition to the AltSeason CoPilot, traders can also use other tools to help them in their trading. For example, Crypto Signals That Work can provide traders with timely and accurate signals to help them make informed trading decisions. Automating Your Crypto Trading Strategy can also help traders take advantage of market opportunities without having to constantly monitor the market.

Finally, traders should also consider rebalancing their portfolios to take advantage of the opportunities that altcoin season presents. This can be done manually or by using a tool such as the AltSeason Portfolio Rebalance. This tool can help traders optimize their portfolios for the best returns by rebalancing their holdings to reflect the current market conditions.

Altcoin season is a great opportunity for traders to unlock profits. By taking advantage of the tools and strategies discussed in this article, traders can maximize their profits and minimize their losses during this exciting period of the cryptocurrency market.

Frequently Asked Questions

Q: What is altcoin season and how does it impact cryptocurrency trading?

A: Altcoin season refers to a period of time during which alternative coins, or altcoins, tend to increase in value relative to Bitcoin. During this period, traders often take long and short positions with altcoins to capitalize on the spread between them and Bitcoin. As a result, altcoin season can provide a great opportunity for traders to increase their profits as altcoin prices may outperform Bitcoin during this time.

Q: How can I take advantage of the ALT/BTC spread in crypto trading?

A: Taking advantage of the ALT/BTC spread can be done through several methods. By leveraging margin trading or futures trading, traders can use short and long positions to take advantage of the spread. Additionally, traders are also able to trade on exchanges that offer a wide range of altcoin pairs, allowing traders to capitalize on price differences between different altcoins.

Q: What are the risk control strategies I should consider when trading altcoins?

A: Risk control is an important element of trading altcoins as the volatility of altcoin prices is often higher than that of Bitcoin. To reduce the risks of trading altcoins, traders should employ a risk control strategy such as setting stop-losses and utilizing a risk-reward ratio. Additionally, traders should be aware of the potential risks and rewards associated with specific trading strategies, such as margin trading and futures trading.

Q: Why do altcoins tend to outperform Bitcoin during altcoin seasons?

A: Altcoins tend to outperform Bitcoin during altcoin seasons due to market sentiment and a greater level of speculative trading activity on altcoins. During altcoin seasons, traders often take long and short positions on these coins to capitalize on the spread between them and Bitcoin, driving up their prices. As a result, these coins can provide greater potential profits than Bitcoin during these times.

Q: What are the signs of an upcoming altcoin season?

A: The signs of an upcoming altcoin season include increased trading volumes for altcoins relative to Bitcoin, higher open interest on altcoin futures markets, and a decrease in the market dominance of stable coins. Additionally, traders may also look at market sentiment and upcoming developments releasing on altcoins, such as major announcements, to identify potential upcoming altcoin seasons.

May 31, 2023
Unveiling the Secret to Our Success in the Crypto Market

I am thrilled with the incredible results produced by our AltSeason CoPilot trading system! While there may be room for further optimization in the future, it’s incredibly satisfying to witness how this powerful system kept us firmly in the BITCOIN market during its meteoric rise!

Thanks to our system’s long tested methodologies (that you can learn for free), we were able to avoid unnecessary risks by staying out of alts entirely after March 21st!

It told us to prepare for altcoin season but kept us out of alts!

Many coins flashed ALERT status, but few HOLD signals flashed

Even more important, I’m excited to announce that The AltSeason CoPilot spreadsheet has now identified an incredibly promising group of coins for us to focus on. The AltSeason CoPilot spreadsheet lets us filter and sort data from prior waves when the alts were out performing bitcoin. This lets us get some insight so we can create a shortlist of coins to focus on.

April Showers Bring May Flowers

We can filter our data to find all the coins that spent at least one day in ALERT status from January 1 until March 21, and compare those against the group of coins that spent at least one day in ALERT status from March 21 until April 12.

As Bitcoin Dominance makes a top formation the AltSeason CoPilot will be busy!

Premium Members get more! Our preparation is complete, and we’re eagerly anticipating the opportunity to put our trading system’s daily action matrix to the test as these coins cycle back into ALERT status. With our innovative approach and expert insights, we’re confident that we’ll continue to achieve remarkable results in the weeks and months to come.

April 12, 2023
Bitcoin Dominance to Decline in 2023

In the world of cryptocurrencies, Bitcoin is often considered the king, but Bitcoin Dominance to Decline in 2023.

Bitcoin has been the most dominant cryptocurrency since its inception in 2009. However, in recent years, other cryptocurrencies, also known as altcoins, have emerged and gained popularity. As a result, Bitcoin’s dominance is slowly decreasing, and altcoins are about to catch up.

Bitcoin Dominance

Bitcoin dominance is a term used to describe the percentage of the total cryptocurrency market capitalization that Bitcoin holds. In simpler terms, it is the measure of Bitcoin’s market share compared to other cryptocurrencies. At its peak in 2017, Bitcoin dominance was over 80%. However, as more altcoins entered the market, Bitcoin’s dominance has decreased. As of March 2023, Bitcoin dominance is around 40%, which is a significant drop from its peak.

Altcoins on the Rise

Altcoins are cryptocurrencies that are not Bitcoin. These cryptocurrencies were created to address some of the limitations of Bitcoin and to provide additional features and benefits. Examples of altcoins include Ethereum, Binance Coin, and Cardano. As the cryptocurrency market continues to grow, more altcoins are being created, and they are gaining popularity.

One of the reasons for the rise of altcoins is that they offer unique features that Bitcoin does not. For example, Ethereum and other powerful Layer 1 blockchains like Link and Cosmos, are known for their smart contract capabilities, which allow developers to create decentralized applications.

Binance Coin is used to pay for transaction fees on the Binance exchange and can be used to get discounts on trading fees.

Altcoins Are About To Catch Up

For the longest time, Bitcoin has been the dominant player in the cryptocurrency market. It has a massive market cap, is the most widely recognized cryptocurrency, and is the go-to for most new investors. However, things are starting to change, and altcoins are about to catch up. In this article, we’ll explore why this is happening and what you can do to maximize your returns.

The Rise Of Altcoins

While Bitcoin has been the face of the cryptocurrency market for over a decade, altcoins are starting to take center stage. One of the reasons you may want to consider investing in Layer 1 coins, such as Ethereum, Polkadot, and Cosmos. These coins offer more functionality than Bitcoin and enable developers to build decentralized applications (DApps) on top of them.

This has led to the growth of the DeFi (decentralized finance) sector, which has seen massive growth over the past year – and these decentralized power tools are about to get connected to AI Tools in dramatically more secure ways.

Bitcoin Dominance to Decline in 2023

For years, Bitcoin’s dominance over the cryptocurrency market has moved up and down in waves. And in 2023 this has started to change to a very bullish setup. Bitcoin’s dominance may decline significantly in coming months as the explosive trend in artificial intelligence is expected to gain more traction.

The Role Of Artificial Intelligence

A massive and growing factor that’s contributing to the rise of specific altcoin projects – is the use of artificial intelligence (AI) in combination with smart contracts and blockchain technology.

AI-powered trading bots are also becoming increasingly popular among investors as they can analyze massive amounts of data and trade with better risk management across a diversified strategy to filter out the most profitable trades. As more business processes are improved with AI-powered business smart contracts, we can expect to see more money flowing into altcoins , further increasing their market share.

We can expect to see more money flowing into crypto
because of it’s solid business utility.

Maximizing Your Returns

If you’re looking to maximize your returns in the cryptocurrency market, there are a few things you can do. Firstly, it’s important to have a well-diversified crypto portfolio that includes a mix of Bitcoin and altcoins.

Secondly, you should have a crypto trading plan that includes risk control strategies. This will help you manage your risk and avoid losing money due to market volatility.

Check out our crypto trading plan PDF for an example.

Finally, it’s important to keep up with market trends and news. This will enable you to make informed trading decisions and capitalize on emerging opportunities. You can use resources like Altcoin Opportunities to stay up to date on the latest trends and strategies.

The AltSeason CoPilot

The rise of altcoins has led to the development of a new trading strategy called the AltSeason CoPilot.

This strategy involves trading the ALT/BTC spread, which is the price difference between an altcoin and Bitcoin.

The AltSeason CoPilot uses a simple daily routine to trade this spread and can help anyone achieve more success with their cryptocurrency portfolio management in 2023.

The AltSeason CoPilot is based on a proven crypto trading plan that includes risk control strategies.

Based on the principle that altcoins tend to outperform Bitcoin during altcoin seasons. An altcoin season is a period when altcoins experience significant price increases compared to Bitcoin. This can happen when Bitcoin’s price is stable, rising or decreasing. By trading the ALT/BTC spread during altcoin seasons, investors can take advantage of these price differences and increase their profits.

In conclusion, altcoins are about to catch up with Bitcoin, and it’s essential to have a well-diversified crypto portfolio that includes a mix of both. The rise of Layer 1 coins, the lower barrier to entry, and the use of AI-powered trading bots are contributing to the growth of crypto asset values in 2023 and beyond.

March 20, 2023
The Altseason Co-Pilot: Trading ALT/BTC Price Spreads

Many traders in the cryptocurrency market focus on trading altcoins against the US dollar. However, by focusing solely on this approach, many traders may be missing out on valuable opportunities that trading the ALT/BTC price spreads can provide. Let’s explore how The Altseason Co-Pilot trades the ALT/BTC spread with a simple daily routine can help YOU achieve more success with your Cryptocurrency Portfolio Management in 2023.

Identifying Long-Term Trends for Altcoins

We analyze all of the ALT/BTC spreads each day so our traders can gain insight into long-term trend averages for altcoins. This data can provide traders with a broader perspective on market movements and help them identify when altcoin seasons may be approaching.

By staying current with these trends, a simple daily routine is all that is needed to position your money so it can capitalize on the insane pumps in crypto.

The AltSeason Co-Pilot, formerly known as the Crypto SmartWatch and the Crypto BullMarket Watch

Taking Advantage of Portfolio Diversification

Another significant advantage of trading the ALT/BTC spread is that it allows traders to take smaller position sizes and spread their portfolio across multiple cryptocurrencies.

By diversifying their portfolio in this way, traders can potentially benefit from explosive moves in the hottest cryptocurrency markets while minimizing risk in those coins that have not follow through.

With this approach, traders can take advantage of a wider range of opportunities in the cryptocurrency market – while keeping risks low.

Diversify into the Altseason Co-Pilot Cryptocurrencies, based on trend following trading plan.

Exit and take profits when the trend is over.

Implementing Effective Trading Strategies

To achieve success in trading the ALT/BTC spread, traders must implement effective trading strategies that consider a variety of factors, including market volatility, technical analysis, and risk management. By focusing on these critical elements, traders can make informed decisions and minimize the risks associated with trading cryptocurrency.

The Altseason Co-Pilot for Cryptocurrency Portfolio Management

Since 2016 our focus has remained on trading the ALT/BTC spread. We want to trade altcoins only when they will grow the number of Bitcoin we have – because we believe Bitcoin will go very much higher in value, while the US dollar… will not.

To achieve success with this approach,
traders must manage risk until the trade is in Stage 3,
and then surrender the results to the market.

By doing so, our traders systematically keep their losses small,
and leave their winning trades to maximize their returns.

The Altseason Co-Pilot is an experienced aviator who has navigated through every altcoin season since 2017

The AltSeason Co-Pilot can provide valuable opportunities for cryptocurrency traders who want to become crypto millionaires.

Stop over trading, and focus on identifying long-term trends for altcoins and taking advantage of portfolio diversification.

March 16, 2023
Preparing For Altcoin Season: Strategies to Succeed

Learn about the top performers and emerging trends for the next altcoin season in 2023.

In our March Altcoin Season Index update, our pie chart shows that our portfolio is almost entirely out of altcoins, and most importantly, our main system also crossed the threshold that tells us to move to FIAT currency and get ready for the next set of 1-2-3 bottom formations.

Full EXIT For Many ALT/BTC Pairs

The CryptoSmartWatch spreadsheet shows the ALT/BTC pairs have almost completely exited positions over the recent pullback.
We’ve had seven opportunities like this since January 2021. The next altseason will be easy to see coming.

AltSeason 2023

Each time we complete an altcoinseason we can use our data to filter out the group of coins that made the best moves and compare that list against prior ALT/BTC price waves… …to come up with a HOT list of best potentials for the next altseason!

In other words, we can now look back and sort out the coins that remained in HOLD status the longest from January 2023 until March of 2023, and compare that to the group of best altcoins from prior Altseason waves… and we can be PREPARED to focus on a higher probability group of crypto projects to invest in.

The #altseasonindicator gives us the entries and exits…
the spreadsheet makes the process into a simple daily routine that anyone can do.

Crypto SmartWatch Control Panel

The smartwatch opportunities gauge, and the smartwatch entry index gauge are two of our little known tools that give us greater confidence in deploying our portfolio.

The blue line topping, and the red line bottoming – has proven to mark out when we should be prepared to run our sorting process on the hottest cryptocurrencies from our lists, because this is when the best altcoin seasons have started.

In the graph below we can see how the smartwatch opportunities index (blue line), and the smartwatch entry index (red line) change over time.

Four of the seven times since Jan 2021 were MASSIVE.

No way to know the future, but we do have a low risk way to be ready for it.

The blue line topping, and the red line bottoming – marks when the best altcoin seasons have started. Four of the seven times since Jan 2021 were MASSIVE. No way to know the future, but we do have a low risk way to be ready for it. pic.twitter.com/iUeC9VUpBg
— DigitalCurrencyTraders (@introtocryptos) March 12, 2023

Preparing for Altcoin Season 2023

As the cryptocurrency market gets smashed with bad news and fud, investors are reconsidering their altcoins. With Bitcoin’s dominance decreasing and altcoins crashing, investors should actually be looking for ways to capitalize on this trend. But with so many altcoins to choose from, it can be difficult to know where to start within all this FUD.

Altcoin Season is a period when altcoins, which are alternative cryptocurrencies to Bitcoin, experience an increase in their US Dollar value faster than Bitcoin is increasing in US Dollar value.

A little know fact

A little known fact is that we can also have an altcoin season when bitcoin prices are dropping, but altcoin prices are not dropping as fast as bitcoin. By trading the ALT/BTC pairs, we can pull out value and profits in the price changes… even in a bear market.

This phenomenon happens periodically, as it did in May and June in 2022. It can present a window of opportunity for our investors and traders to maximize their returns on growing the number of satoshi they hold, regardless of the price movement of bitcoin.

However, it’s essential to have a strategy in place to succeed during the three phases of Altcoin Season. There certainly is a time when we should be holding fiat, and not crypto. And that should be built into your plan before you start.

What causes Altcoin Season?

Altcoin Season is often driven by various factors, including market sentiment, investor demand, and technological advancements. Altcoins with strong fundamentals, innovative use cases, and promising partnerships tend to perform well during Altcoin Season. Additionally, Altcoin Season can be influenced by macroeconomic factors, such as changes in government policies, economic growth, and geopolitical events.

HOWEVER – you DO NOT NEED TO have a sound understanding of the market dynamics and the factors driving the Altcoin Season to take advantage of the opportunities it presents! Instead, a simple approach can work with just minutes per day to manage.

March 12, 2023
Critical BITCOIN ACTION levels – look INSIDE Bitcoin Dominance
BITCOIN ACTION levels

BITCOIN ACTION levels

Bitcoin and cryptocurrencies have come to a critical level for our trading plan
- in today’s video I’ll review the price chart of Bitcoin against our technical indicators
- I have a super exciting announcement to make
- and will see what has changed in altcoins over the past few days. I’ll reveal some inside data from the crypto Smartwatch reports and patterns through 2021 crypto alt season. Our system has sorted out the top probability coins as I’ll explain at the end of the video
Become A Crypto Millionaire

The promise of our overall approach is that you can become a millionaire if you invest just $20 per week and double your money every year.

In order to double our money every year we follow three different pools where our money is placed
1. we can be holding fiat currency
2. we can’t be holding bitcoin
3. or we can be holding cryptocurrencies
Our written trading plan is very specific. It works like a flowchart to answer all the questions that you need to determine where your money should be according to our trading plan, but there’s still a question about what to do with our cryptocurrencies that are profitable.

I’ll talk about that later in the video but first let’s jump into Bitcoin prices.

Of course, before this video was finished the prices are going to change so if you want to keep up on the current analysis of Bitcoin price be sure to join our free Discord chat community

Follow me on Twitter for more research and articles on the top crypto projects of 2023.

Let’s take a look at our indicator set for Bitcoin to layout some action zones we must pay attention to according to our trading plan.

You can see our altseason indicator is on the edge of telling us to exit this Market. We use this same indicator on each of the crypto versus BTC pairs to help us identify those coins that are outperforming Bitcoin versus US dollar.

Bitcoin Technical Analysis for March 2 2023

The relative strength index is right on the threshold of our exit confirmation when we look at the daily chart, yet as we zoom into the 4-Hour chart we can also see a consolidation that raises a question and leaves us on high alert I’ll come back to some historical views on the RSI in a minute.

Moving to the volume profile the on balance volume is also a mixed signal that keeps us on notice that we’ll be taking action one side or the other as prices find a direction from here.

The macd indicator is similar to the RSI reading yet it gives us more clear specifics for confirming our next action from the price move from here, for example the crossover of the MACD is a more clear event than the trend breach in the RSI.

The ichimoku cloud was a favorite from the last video I did yet it is not confirming a nice Breakout, instead it has gone to a mixed reading that leaves us with no answer Only some action zones for us to use as confirmations.

The Bollinger Bands are not giving us any reversal signals, yet they are starting to consolidate into Trend confirmation patterns and we can gain confidence in the signals from the other indicators as the Bollinger Bands confirm. Once we get a strong move in price we’ll watch the Bollinger Bands to look for the exhaustion of that breakout move.

Special Announcement

Now for the special announcement I’m so excited about!

I am super stoked to announce that
I’ve been invited to be a guest blogger on Crownanalysis.com

Many of you already know about the channel Tom Crown. He has 75,000 subscribers and does a phenomenal job with his technical analysis and his instruction on how to use indicators that I am not familiar with. I’ve learned a lot about reading the macroeconomic conditions by following and listening to Tom Crown. Check out the news release posting on our website, and read one of my first guest blog posts there outlining the 12 reasons why people lose money Trading. (It’s a great article because I am so familiar with each of these reasons for losing money.)

Becoming A Better Trader

The purpose of my YouTube channel and my trading journals is so that I can identify my trading mistakes and avoid them in the future.

Education isn’t about knowledge, education is about changing your behavior.

Knowing about your trading plan isn’t enough. there is a secret ingredient between knowing and doing.

That’s what the focus of our community is really about.

Now for the Crypto Smartwatch Report

There are three states to our strategy, one is to hold Fiat the other is to hold Bitcoin and the other is to hold cryptocurrencies when the cryptocurrencies are outperforming Bitcoin in US dollar value.

If Bitcoin dominance is rising while Bitcoin prices dropping that’s telling us that the market cap of cryptocurrency overall is declining and that we should be in cash.

The crypto Smartwatch lets us look inside Bitcoin dominance so that we can see the bell curve of the coins that are making the changes happen in Bitcoin dominance. Bitcoin dominance is an average of all of the coins, and the crypto Smartwatch helps us find the leaders in that bell curve.

As we plot the performance of the alt versus BTC pairs over time versus the thresholds of our trading system averaged out across the entire list of 300 cryptocurrencies.

We can begin to see trends that are invisible when we only look at Bitcoin dominance – And we can also filter a list of coins that are passing key thresholds, making our job of rebalancing our crypto portfolio into a simple daily task that anyone can follow.
March 2, 2023
AltSeason 2023 Full Scan from A to Z
In this 1 hour and 16 minute members video, I review all 270 charts and talk through where they are in our portfolio and within this Altseason.

Members – login here and return to this post to view the video.
- We have 72 coins in Stage 3 of the trade (in profit, stop above entry),
- 31 of those coins over 21% profit, 13 of those are over 51% profit.
- Presently we have zero coins in NITRO Stage 3, but expecting a range of them to fill out shortly if we get more bullish action in the ALT/BTC pairs.
- There are 75 coins in Stage 2 (open trades with some risk) and
- 71 coins in ALERT status.
February 27, 2023
Altseason TradingView Indicator and Signals

Altseason TradingView Indicator that anyone can actually use. Customized Indicator and color coded signals can help you learn to trade crypto on your own. Our exclusive index uncovers the trend dynamics of altcoins to reveal the bell curve of best performing cryptocurrencies in the 2023 Altcoin Seasons.

Buy The Indicator

Our Altcoin index signal is a compilation of our custom tradingview indicator, trendlines and chart patterns that objectively measure the price trend direction for over 300 individual coins. Our research team provides statistical insight into the overall trend momentum of the crypto market and filters the data to provide a simple daily action matrix.

Altcoin Index Live

Track the price of bitcoin and the changes in bitcoin dominance and stable coin dominance, along with the overview of the Crypto SmartWatch AltSeason Index.

How To Catch AltSeason Trend Changes

The Control Panel of our Crypto SmartWatch reveals Altcoin Season opportunities. We filter the individual altcoin trading signals into a Daily Action Matrix that makes it simple to rebalance a portfolio of cryptocurrencies in the ALT/BTC pair charts. We focus on diversifying your portfolio by investing a small amount in the variety of different altcoins as they pass our trend change signals.

Customized TradingView Indicator

Our adjustable EMA crossover indicator provides a color coded visual way to verify when the trend change signal flashes.

TradingView Indicator Backtesting

Outstanding results in back testing and forward testing gives our team great confidence in providing instruction, education and coaching to support new traders to build the daily habits.

Here are a couple samples from the strategy tester results:

Custom Tradingview Indicator Backtesting Results

Altcoin Season Index:
Is it Altseason right now?

Altcoin season refers to a period of time when altcoins are growing in US Dollar value faster than Bitcoin is. We can tell when it is altcoin season when Bitcoin dominance is dropping and bitcoin price is rising or sideways. But that is still a very general way to identify when altseason is about to approach.

The Crypto SmartWatch is a way to look inside bitcoin dominance to see which are the front running coins that are pushing the change in bitcoin dominance. In other words, while the crypto markets tend to move together in a wave – the individual coins within that wave can be separated into the best performing coins and the flatliners that are dragging down the average.

Together with our risk control rules, The 5 Stages of the Trade and the customized Altseason TradingView Indicator – we get the Crypto SmartWatch Control Panel to filter a simple daily action matrix to assure we never miss another Altcoin Season opportunity in the ALT/BTC pair index.

January 19, 2023
Crypto Portfolio Rebalancing Tool
Crypto Portfolio Rebalancing Tool with an objective trend following strategy that anyone can actually use! Diversify into the next Altcoin Season at the right time.

Diversification is a key strategy for low time-maintenance crypto investing. One way to achieve diversification in the crypto market is by using a crypto rebalancing tool, which can help to manage and optimize a crypto portfolio with the current phase of the Altcoin Season.

A crypto portfolio rebalancing strategy can enhance performance and outperform the average by using the filtering technique of a moving average crossover to flag the first moving coins when Altcoin Season conditions are right.

Is it altcoin season yet?

It used to be tricky to pinpoint the next altcoin season with Bitcoin Dominance.

This is why we created the Crypto SmartWatch color coded spreadsheet. We now have an objective, clear visual tool for looking inside Bitcoin Dominance data and get specific about timing the start of each Altcoin Season.

We use objective data to determine
when to expect the next Altcoin Season

The Crypto SmartWatch can boost the the performance of a portfolio by filtering a large number of digital assets to help to catch the earliest moving assets. Diversifying into this early-mover group will dramatically increase the likelihood that at least some of the coins in the group will out-perform the average.

What triggers Altseason?

Some of the known factors that can trigger ‘Altcoin Season’, or bull markets in cryptocurrencies include:
1. Positive regulatory developments: Clarity and favorable regulations on the use and trade of cryptocurrencies can increase investor confidence and lead to more mainstream adoption, which can drive up prices.
2. Institutional adoption: With better regulatory oversight, institutional investors, such as hedge funds manager and banks, will finally have the green light to move into the cryptocurrency market. This may increase demand and begin a sustained bullish trend.
3. Increasing mainstream adoption: As institutional business can begin to take advantage of cryptocurrency transaction efficiencies, better solutions make crypto easy and a bonus for the customer to use… demand will naturally rise for these assets, leading to higher prices.
4. Economic Factors: Global economic factors such as interest rates, currency valuations, and inflation always have an impact on the prevailing price trends of cryptocurrencies.
5. Innovation in blockchain technology: The advancement of a blockchain technology can also lead to a bull market in specific cryptocurrencies or tokens. As more people get excited about the benefits and potential use cases of the technology, prices may surge and fall back in dramatic and unpredictable ways known as Popcorn Moves.
How Do You Measure Altcoin Season?
1. We begin our measure altcoin season by reviewing each coin against a standard trading signal.
2. Then we count the number of coins in each stage of the trade to get our Daily Action Matrix and
3. we plot the daily totals over time and get a birds eye view of the altcoin season trends as they come and go.
Our Crypto Portfolio Rebalancing Tools

In a simple example, consider a moving average crossover that compares the movement of two different moving averages to identify buy or sell signals. A buy signal is generated when a short-term moving average (such as a 20-period moving average) crosses above a long-term moving average (such as a 60-period moving average), and a sell signal is generated when the short-term moving average crosses below the long-term moving average.

Check Out This Before And After Example

By filtering out the assets that are not passing the crossover, you can focus on the assets that are currently proving their uptrend may have started and avoid assets that have not yet crossed the threshold.

Remember, moving average crossovers above are just a simple example.

The Crypto SmartWatch portfolio rebalancing tool is based on a transparent trading plan that our team uses with trendlines, chart technical patterns and our custom Exponential Moving Average crossover indicator to manually review and identify buy and sell signals for each crypto asset we are tracking.

Altcoin Signals You Can Actually Use

How long does altcoin season last?

If we review 2021 and 2022 we can see that each of the altcoin seasons lasted between two weeks and eight weeks.

It’s important to note that past performance is not an indicator of future performance, and no investment strategy can guarantee a profit or eliminate the risk of loss… yet we simply must project how long it would take us to become a crypto millionaire if we could trade the next big waves altcoin seasons in 2023 and beyond.

Historical Altcoin Season Data

The Crypto SmartWatch historical Altcoin Season data identifies a number of false starts in the past. We must be ready to deal with the fakeout altseasons if we are to remain prepared to catch the best performing altcoins in the next bull markets.

Yellow are ALERT zones, Green are bull waves of Altcoin Seasons in 2021 and 2022

The Crypto SmartWatch crypto rebalancer is a low time-maintenance crypto investing tool that can save you hours of time trying time the altcoin seasons and increase the performance of your crypto portfolio year after year.

By using the SmartWatch to diversify into the best-potential assets at the start of altseason, investors can focus their attention on positioning managing risk for growth and success.

Our advanced three week intensive course and crypto trade alerts may also combine an oscillator like the RSI, momentum indicator like the MACD, trend following tools like the Ichimoku Cloud and reversal indicators like the Bollinger Bands – with multiple timeframes – to fine tune and layer together our portfolio strategies.

However, it is important to remember that no single strategy or indicator can guarantee success in the uncertain crypto markets of 2023. Risk control strategies that protect your equity from the dangers of trading should be your first priority no matter which tools we might use to make informed investment decisions. Our job as traders is to position our money and to manage the risk and if we are correct, then the markets will naturally take care of the results.

Try our Crypto Portfolio Rebalancing Tool with an objective trend following strategy that anyone can actually use to diversify into Altcoin Seasons.
January 11, 2023