As you can see in this graph (TOTAL CRYPTO MARKETCAP EXCLUDING BITCOIN), we have recently broken out above the 2018 last bull run ATH (orange line) and discovered new ATH. The last deep (around 55%) correction in the Altcoin Market has brought us to backtest for the third time the green line above the old ATH.

This shows a similar behaviour as in the last bull run (2017 – 2018):

1 break out above old ATH

2 setting a new ATH

3 coming back to test multiple times a former intermediary top

4 starting a monster altcoin bull run

That is what I think lies just ahead for the Altcoin Market (by the way: I think the same could be imminent for the prescious metals market).

One of the best Altcoins is XRP (as I will show in my third and last post).