Instead of looking at a chart of the BLURT price, we can look at a chart of all the altcoins together in one index, the altcoin market cap:
Just looking at that, you can already see the past couple altseasons (peaking late 2017 and late 2021). Given the 4 year crypto cycle, the next top would be between November 2025 and January 2026.
So those who are saying altseason would have happened by now are a bit premature.
That said, the crypto market (minus BTC) has not yet broken out to new highs. It's currently matched perfectly with the previous high set November 2021. In the past, when it has broken out to new highs, big green candles came next.
I added vertical yellow lines, showing the start and top of each bull market.
A few big green candles (Oct, Nov, Dec) would kick off the long-term breakout to new highs, and complete the repeating bull market pattern.
Put it this way: There's no guarantee altseason (which includes Blurtseason) is about to happen. But if altseason WAS about to happen, the current chart is exactly how you'd expect it to look.
The setup is there. The timing is perfect. The pattern is intact. Is it actually going to happen? Absolutely no guarantee. But there's nothing yet that says otherwise.
DRutter
