Crypto Analytics Firm Swissblock Points to Further Bitcoin (BTC) Upside, Says Altseason May Already Be Here
A leading digital asset investing research firm is attempting to answer the question of whether or not Bitcoin (BTC) has further upside to go. In a new Analysis posted to the social media platform X, Swissblock says that the BTC Fundamental Index can answer that question. “If you’re questioning whether Bitcoin still has upside — this is the only chart you need to see: On-chain fundamentals have flipped back to strength. This move isn’t just speculation. Sustained upside is now structurally supported. Higher.” Source: Swissblock/X BTC is worth $119,154 at time of writing, up nearly 10% in the last week. Moving on to altcoins, Swissblock dares to answer another question on traders’ minds — how close is altseason? “Altseason in Sight: Wave 5 Has Begun? The altcoin market just broke out of a multi-month consolidation. Structure suggests a classic 5-wave move — and Wave 5 may be underway. Historically, Wave 5s in cryp...