Optimism around the altcoin season briefly faded between July 22 and Aug. 2, as BTCD rebounded.
The move raised concerns, especially on Aug. 2, when it looked like Bitcoin dominance had reclaimed the key 62.50% resistance level.
But that turned out to be a fakeout. BTCD dropped shortly after, confirming the move was just a deviation, not a real reversal..
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Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.
He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.
Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.
He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.
