Analyst Admits Selloff of Underperforming Altcoins, as Altseason Signals Grow and DOGE Flashes Bullish

• Analyst admits selloff of underperforming altcoins and justifies his decision. 
• He shares a detailed breakdown as several altseason signals flare.
• Dogecoin (DOGE) is one such altcoins showing strong bullish indicators for a major pump.

The price of Bitcoin (BTC) is falling further below the $83,000 price range leading to more investor and trader attention shifting to altcoins and the promise of altseason. Amid this time, one popular and reputed analyst admits selloff of underperforming altcoins despite the growing signs of a bullish altseason on the horizon. 

As we can see from the post above, the analyst admits to selloff of underperforming altcoins and goes on to share why he made the decision to sell off his underperforming altcoins. The video then goes on to explore his reasoning starting with him clearly stating that he does not believe the market is bearish and that altcoins have not hit their cycle top targets yet. 

Having confirmed that he is still bullish in the long-term, the analyst admits to selling underperforming altcoins because he believes that the current liquidity situation in the crypto market is very tricky, but should be resolved this year. Thus, he chose to consolidate his portfolio to avoid the danger of accumulating altcoins aggressively, especially the low cap altcoin. 

In conclusion, he says that the FED has slowed down quantitative tightening but hasn’t stopped it yet. He says that the crypto market is on the right track to see a bullish altseason, but it is not time yet. He says this may not be easy this time, but the tensions between the FED and Trump will eventually get us there. The video goes on to read more on the technicalities of the ongoing scenation. 

Meanwhile, other analysts are throwing light on the altcoin price chart and drawing similarities with the previous altseason peak prices. As we can see from the post above, this analyst says that the chart is looking good and a bullish altseason peak is just on the horizon. He then goes on to mark the many bullish factors on the chart as seen in the post. 

Out of all the altcoins showing strong bullish indicators this bull cycle, one asset showing great promise is the popular pioneer memecoin Dogecoin (DOGE). As the post above showcases, DOGE’s past cycle performance shows at least pumps between 200% and 300% and greater in the coming weeks of altseason ahead. Most analysts are certain that DOGE price will set a new ATH between the many ATH price possibilities of $1, $10, and $20. 

Tags:Altcoin Altseason Bullish Crypto market cryptocurrency Doge Dogecoin