Topic: Does Altcoin season started again? - page 8. (Read 1462 times)

Yes, of course, because Elon Musk said that Tesla likely accepted BitCoin if BTC will pump then other altcoins will automatically recover. And some people are saying that Amazone will also accept BTC  

Trends like that only proposed one thing and that's the market is about to recover, the NFT games hype is begining to kickoff and it'll be at the front head of this next market bull season. Bitcoin is showing stronger recovery pattern, it's now trading at $38,000+ market price which is positive compared to it trading value few weeks back which saw it struggling to hold the support of $30,000. Before anything begins to happen in the altcoins market, that of Bitcoin has to be looking promising and already we're beginning to observe that.

Recently there have been more positive news regarding Bitcoin and the market has been responding positively unlike previously were both the bad and good news had negative effect on the market because the market was in a bearish state. The altcoins season will likely start in the fourth quarter of the years as that's when the next cycle of the bull market is likely to occur before we start seeing some disturbing selloff as it happened in 2017 leading to the bearish market we experienced on 2018.

These next altcoins season would as well follow the patterns of previous altcoins season as the high market capitalization coins will tend to raise first following Bitcoin successful increase in price then the low cal coins will beginning enjoining inflow if money. You should start preparing now as this might happen unexpectedly.

Reading the news is indeed very necessary and mandatory now, but you also have to re-analyze it after reading it because often what is written in the news does not happen in the market so that it makes some people confused, so don't influence yourself through the news you read every day.

for me, take advantage of the market situation as well as possible, especially when I hear positive news bitcoin will increase again whether it's today, tomorrow or the next few weeks and so on. so prepare funds and start increasing investment with only top coins. Usually Hype from Elon Musk and also positive BTC news can sometimes have a Positive impact on other altcoins too.

Not yet bro and those pumps in the market that we saw is just because of bitcoin after the sudden increased, maybe as of now market still not ready and of course including altcoins coz they're very affected on bitcoin situation especially right now in my view that there are some reason again that makes bitcoin price fluctuate and suddenly makes the entire market turn to red again. Let's just hope thar after these there's a bullish because it's been long time.. 

Altcoin market is very volatile. I am very confused about the current market condition. ETH is called the king of altcoins. ETH prices are going up and down between $ 1700 - - 2400. When the price of ETH drops to $ 1700, it seems that the market will not rise again. And when it rises to $ 2300 it feels like the altseason has started again.

In my point of view, that news really can become a trigger for a new bull run. Nevertheless, I saw today that Jeff Bezos denied the rumour about Amazon and Bitcoin. But Bitcoin hasn't fallen down, so I don't even know what news I can trust.
Talking about altcoins, I don't think that it is time for them now. To my mind all money is not in promising altcoins now, but just in NFT gaming.

Alt coin recovery sounds like you think that the whole spectrum of alt coins will bounce back, but that thought neglects the fact that most of the alt coins are simply doomed because they are not worth anything as they don't offer anything special to their users. They are just empty shells created to once be used for pump and dump and that's it.

Yes, that's true, a few weeks ago I saw the development of altcoins was very normal in the crypto market asset.
however, we have to be patient in this one week, because the recovery of altcoins is usually more than a month in the crypto market assets.
therefore do not take the wrong step in investing in the long term.

The recent news about Tela accepting bitcoin and positive news coming from Amazon  have drove bitcoin to $40000. This event however is not enough to push bitcoin into positive terretory where bitcoin price could be stable and possibly a bull market could start. The cryptocurrency market is looking like a bull trap for bitcoin. Altcoin season need bitcoin to start.

I think altseason is back and I'm buying NEAR, NAOS, Wasabix and CVP

Yeh many of positive news come in market which will really help to bullish bitcoin but some of big news like Amazon accepting bitcoin is rumers because amazon has not officaly tweet about this when they accept Amazon will give all detail in tweet.
You need to put one thing in mind that altseason will be start when btc hit 60k+ and hold its position then altsaeson will show his power

It may or may not, but I still think about the possibility of altcoin recovery in the near term. The current signs are showing the preparation for something, I think it will be seen in the near future, the NFT game is creating a fever and is also one of the influencing factors to let people return to the market.

For now the market is a little difficult to predict. Even I still can't say that the alt season will start again. Because, currently, most of those coins gettingPump are still limited to coins related to NFT and Games. So, it is still difficult to say whether this is a sign of positive sentiment for altcoins as a whole or not.

What we are seeing is indicative of a growth spurt. But I still haven't seen many altcoins recovering from falling too deeply, maybe they are also NFT game projects. Perhaps it will take some more reasons coming up for us to know if the trend is going to work or not.

"Nevertheless this market is so speculative and unpredictable!"
That is just it, no one can predict the movement of the market correctly. However, there is a bit of confidence in the crypto market nowadays unlike in the past years, this I can say is because of the adoption crypto has achieved, the attention it has gained from top organisation, the investments from different big players and so on, so it means that, for it to achieve all these shows that more trust is being channelled to.
Yes there are many positive news but even at that, make wise investment decisions, don't go running after any token you see, do your research and invest wisely, remember what you said, this crypto space can not be predicted.

We're getting some rumors that Amazon accepting BTC, ETH, ADA and BCH as payment options.
As of yesterday the market came up with full speed and I jumped into this altcoin the previous day ($NEAR) I bought and held a few on spot about $5k worth and the train yesterday took it high and I got about $2k extra. I bought at 1.8usd and placed a sell order at 2.5usd.
Now am bagging more of this with some bnb. I know soon before the year runs out we'll get another bull.
Pick and hold some alt while they are cheap. As for me am holding NEAR,BNB,ETH and PYR

I am still not sure if we see another altcoin run this summer or even this year. The market movements in the past have shown, that we need the big coins like Bitcoin and Ethereum to be stable for a while before they can start to climb again. Once this happens it takes a few more weeks then the other altcoins also start to increase in price but this takes some time. So i think even if BTC starts a bullrun now then the smaller altcoins will probably start to increase not before early autumn. I am not sure though to be honest if we will see increasing Bitcoin prices anytime soon though. Maybe if Amazon give a clear statement, that they want to accept cryptos in the future and other big companies join in then this could trigger a real bullrun.

It doesn’t matter. Just dollar cost average.

The information you have given up to this point has not worked. I don't think there will be another altcoin. It ended in May already. The price trend of the year will not split BTC or altcoin season anymore. We are still in a bear market. Don't look at the current NFT thinking that altcoin season will return.