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Altcoin Season Index Livestream on YouTube
Return of the Bitcoin Liquidation Watch
AltSeason CoPilot Doug
November 01, 2023
Now live on YouTube!
Join the Livestream! Watch Bitcoin prices and liquidations in near real-time.
Live Altcoin Heatmap. Altcoin Season CoPilot Data and more!
When it comes to cryptocurrency trading, the AltSeason CoPilot is a powerful tool that can help traders take advantage of the altcoin season.
Altcoin season refers to 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 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 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.
After any years of tracking and trading cryptocurrency trends, the AltSeason CoPilot outperformed my personal trading results because it objectively followed the signals from the Altcoin Season Indicator for Tradingview.
This consistent success prompted me to upscale our trading automation process.
Three expert pine script coders later, the strategies that had been proven by the AltSeason CoPilot Spreadsheet evolved into an efficient TradingView indicator, fully optimized for the color-coded system we developed.
When we optimized, I was blown away! Read more here.
For those of you who remember the original Bitcoin Liquidation Watch Livestream - I’m happy to announce a new stream for Altcoin Season!
