The BULL season is a time in the financial market when there are more demands than usual.

People feel so confident that they only want to buy...

This is a time when a $1 is flipped to many money dollars.

Whatever you touch becomes gold instantly within a few weeks of holding it.

This time, anyone, just anyone can boast of being a successful trader or investor.

You don't need advanced technical and fundamental analysis skills to make some benjis

Even when you sell, you are filled with regrets instantly when you see that the value of the sold assets has increased.

When these things happen.

Boy o boy! That the BULL

In the year 2017, we had a Bull season

In 2020/2021, we had another one

Right now, most assets have lost over 80% of their dollar value

Your portfolio is bleeding hard.

At some time, you could afford to buy a Benz, but with the level of drawdown on your portfolio, you can barely afford to buy a motorcycle.

Now, you are regretting it.

Oh, I could have sold my UNI when it was worth $44 per token.

Now, It is lesser than $2 per token. Looks like it is too late to sell.

These are characteristics of a bear market.

On a macro level, we are not out of the bear market yet.

Hang on, there is hope!

Some of my friends do ask me; Abimbola, will Bull season ever come again?

This question is born out of the pain and agony of big losses. But I understand, I have been there too.

Yes, the Bulls are almost here.

I decided to write this letter to you so you can have an idea of when this Bull will come, technically.

This is where it is important to monitor Bitcoin's dominance closely.

Technically, it will give you a clue.

Go to Tradingview and search for BTC.D

It will show you a chart of Bitcoin's dominance against every other crypto.

As you may have noticed, about 50% of the money that moves to the crypto industry in recent months now resides with Bitcoin.

We need to see Bitcoin lose its dominance before alternative coins can breathe.

If you are good with technical analysis, you'd noticed that Bitcoin dominance was rejected at the around 53% level on the chart.

Historically, such rejection is good for the entire crypto market.

Go to weekly and daily timeframes so you can have a clearer picture.

Once Bitcoin loses its dominance by an extra %10-15, that's a technical signal that alts will moon like crazy.

You better watch out for this...

I don't like to leave you hanging, not my style.

I understand that you may not have deep knowledge of technical analysis, so I did the analysis on your behalf.

https://www.tradingview.com/chart/BTC.D/29wKz96S-Altcoin-Seasons-Will-Be-Back-Shortly-Find-Out-Now/

Open this chart now, and if you already have a Tradingview account, follow me now.

I am sure that you will enjoy this analysis, feel free to like it, I appreciate your kind gestures.

Dear friend,

Bear will die

Bull will rise

Your shoe will shine so bright

You will smile again

Your dreams will be fulfilled

And your purse will become fat again!

Remember that Ojeniyi Ayobami Abimbola is your guy that teaches crypto in simple Nigerian English language.

Enjoy the rest of your week.

I love you plenty 😍

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