In his latest update, Josh explains why altcoins still lag behind Bitcoin, emphasizing that Bitcoin remains the “main event” in the market.
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He points out that while Bitcoin’s dominance is strong, altcoins generally only thrive after Bitcoin establishes clear highs or during periods of stable, bullish consolidation.
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Right now, Bitcoin is showing early signs of a breakout, but until it’s confirmed, Josh advises caution with alts.
He highlights that many popular altcoins have patterns suggesting a potential rally, but they haven’t outperformed Bitcoin yet. Until Bitcoin solidifies its upward move, altcoins are likely to stay “second fiddle” to BTC. For now, Josh sees meme coins like Dogecoin as some of the better-performing alts but reminds us that the big alt rally will probably come only after Bitcoin makes a decisive move.