A crypto strategist believes that altcoins are poised to outperform Bitcoin and enter a new altseason. The analyst points to historical price action from previous bull markets in 2017 and 2020 as indications of an upcoming altcoin surge. They suggest that altseason typically begins after three consecutive weekly closes higher than the previous Bitcoin high. The trader also looks at Bitcoin dominance and the Bollinger Bands indicator to support their theory. They note that Bitcoin's RSI has broken above 70, indicating a bullish trend, and that Bitcoin is mirroring its 2017 bull market. At the time of writing, Bitcoin is priced at $98,508.



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