Third Altseason Wave Incoming? Chart Hints at Major Altcoin Surge vs Bitcoin (BTC)

The crypto market's been buzzing lately with talk of another altseason on the horizon. You know how it goes - Bitcoin (BTC) does its thing for a while, then suddenly everyone starts throwing money at altcoins like there's no tomorrow. Well, some traders think we might be heading into that phase again.

BTC Dominance Chart Shows Three Major Altseason Waves

So here's what's got people talking. Trader @amonbuy dropped a chart on Twitter showing the OTHERS/BTC pair on a weekly timeframe, and it's pretty interesting stuff. The chart basically maps out three big waves where altcoins absolutely crushed it against Bitcoin (BTC).

The first wave hit around early 2018 - that was when everything went crazy and your neighbor started asking about crypto. Then we had the second wave in early 2021, which was even bigger. Now, if this trader's reading the charts right, we might be looking at a third wave starting around mid-2025.

The trendline suggests altcoins have been building up for another run against Bitcoin (BTC). And if history's any guide, this could be the biggest one yet.

Altcoins Could Rally from 10 to 50 Against BTC

Here's where it gets really interesting. Looking at the historical pattern, these altseason rallies are pretty dramatic. Back in 2018, the OTHERS/BTC ratio jumped from under 10 to nearly 20. Then in 2021, it shot from around 10 all the way up to above 40.

Now we're sitting near that 10 mark again, and the chart suggests this third wave could push things up to 50. That would be absolutely massive for anyone holding altcoins instead of Bitcoin (BTC).

The thing is, Bitcoin's been pretty stable lately, which actually helps altcoins do their thing. When BTC isn't going crazy in either direction, traders start getting bored and look for action elsewhere. That's usually when altcoins like XRP and others start making their moves.