On August 19, Bitcoin was trading around $64,000 and by August 25 it had moved above $81,000
Now we are seeing a similar setup again, with price moving from the $75,000 region to above $86,000
At first glance, the two rallies look alike. I don’t think they are
This time, parts of the altcoin market are accelerating as well, while strong ETF demand and significant short covering are adding another layer to the move
What interests me is not the $86,000 level itself
The real question is how far capital can spread beyond Bitcoin from here
Two rallies can produce a similar chart without creating the same market structure
In one, liquidity remains concentrated in the leading asset
In the other, risk appetite begins to rotate across the broader market
For me, the real confirmation would be broader altcoin participation, easing BTC dominance and spot volume expanding across the market
That is where I would start reading this as genuine capital rotation rather than just another price reaction
Maybe the real story will not be where this rally stops, but where capital flows next
#Bitcoin #Altcoins #CryptoMarket
#TufanSalur
Now we are seeing a similar setup again, with price moving from the $75,000 region to above $86,000
At first glance, the two rallies look alike. I don’t think they are
This time, parts of the altcoin market are accelerating as well, while strong ETF demand and significant short covering are adding another layer to the move
What interests me is not the $86,000 level itself
The real question is how far capital can spread beyond Bitcoin from here
Two rallies can produce a similar chart without creating the same market structure
In one, liquidity remains concentrated in the leading asset
In the other, risk appetite begins to rotate across the broader market
For me, the real confirmation would be broader altcoin participation, easing BTC dominance and spot volume expanding across the market
That is where I would start reading this as genuine capital rotation rather than just another price reaction
Maybe the real story will not be where this rally stops, but where capital flows next
#Bitcoin #Altcoins #CryptoMarket
#TufanSalur