by @julianhorack on Bitcoin Babaji
View my bio on CastGarden: https://cast.garden/c/bitcoinbabaji 
In today's podcast Bitcoin Babaji discusses the imminent altcoin season. We are just one week past the Bitcoin Halving of April 2024 and at this stage in the four years cycle - has Bitcoin consolidates over the next few months - we traditionally see an altcoin pump.
Generally this altcoin season is kicked off by Ethereum. If we look at the ETH/BTC chart, we can see that in the past two days ethereum has had a nice pump in BTC value moving on the daily chart from the 21 day moving average up to the 55 day moving average, which is now acting as support. Is this start of the altcoin season which is much anticipated by a traders, investors and speculators in the cryptocurrency sector?
If Ethereum can lead the way now then the rest of the altcoin market can follow suit. Generally money flows from Bitcoin to Ethereum, then to the higher cap alts, and finally trickles down to the midcap and low cap altcoins as traders and investors look for profit.
This podcast is my diary and record of progress along the Bitcoin cycle and journey to the moon.
Uploaded from my mobile phone, via Peertube, and Cast.garden into the Hive blockchain. Image from Pixabay, edited on my mobile device.
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