How the Alt season will pan out - page 3.

GreatArkansas

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Quote from: ?? on ??

I agree that it might be different this year. Bitcoin is not stopping the ongoing high. I really don't know what's fueling this. But the important thing is as bitcoin arises altcoins arise also. I hope this affects starting projects also.

Actually things like that always have a good effect for some Altcoins, only for this year the effect is not that much because almost everyone sells Altcoins to get Bitcoin, because they also remember that Bitcoin will surpass the new ATH at the end of last year, and it turns out it is true.

This time is extremely different.
Why?
First, the all-time-highs. If you look some major altcoins, like Ethereum, Litecoin, Stellar, ADA, Ripple, their all-time-high are still not yet meet even Bitcoin already did multiple times since $20,000.
Completely different. But Ethereum is already close to its All-time-high, but Bitcoin also already close to its around $40,000 which doubled from 2017 all time high.

smoolae

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As of now it seems that basically everything that seems interesting gets boosted heavily + all of the main and well know coins are also pulling in nice profits.

Probably everything will follow after some time.

kenelmark

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Quote from: DAVID GRACED20 on January 05, 2021, 03:45:08 AM

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

Yes, what you are saying is true, although not completely true, but what I am amazed at is how did you find out about most of the altcoin season? whereas you just entered this forum on August 02, 2020, through which did you pay attention to the Altcoin season over the years? while Altcoin season does not occur every year.

passwordnow

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Yes, that's the pattern for having the alt season. But this time, it may not follow the pattern anymore. Bitcoin still has the sign of being bullish and while Ethereum, it's also coming up with the bulls.

Quote from: bassbity on January 05, 2021, 12:02:36 PM

In my opinion, it is not suitable to set the same pattern, but we can also make a pattern on ATH in the past, then illustrate that it can have almost the same tendency. The difference is the price. in that case, no one can say 100% compliance to establish when to be bullish for altcoins. but of course bulls in altcoins will happen.

Right, there's no 100% sureness that it will be the same this time. While bitcoin is still bullish, we can say that altcoins season hasn't come. But on the other hand, we can't ignore ETHs pump which makes the expectation of everyone that it has finally come.

TastyChillySauce00

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That makes sense to see that, the bitcoin whales will be moving to the altcoins when they have done with bitcoin pump. There's a very strong correlation between both bitcoin and altcoin but I think that I should remind you if the trend depends on fundamental of crypto. I see that when bitcoin gets dumped but altcoins were giving the opposite performance compared with bitcoin.
The fundamental plays the main role. It's not only the major coins but whole of the market being pumped when after the bitcoin pump.

bassbity

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In my opinion, it is not suitable to set the same pattern, but we can also make a pattern on ATH in the past, then illustrate that it can have almost the same tendency. The difference is the price. in that case, no one can say 100% compliance to establish when to be bullish for altcoins. but of course bulls in altcoins will happen.

sarmrakib

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Quote from: DAVID GRACED20 on January 05, 2021, 03:45:08 AM

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

I have same experienced as starting my crypto life .I have noticed many ups and downs but at the end who hold their nerve with there asset got a huge return specially on alt .Now the same things are going to happen once again .We have see the pump from eth and hopefully alt rally will come soon .

pandanaran

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maybe it will be a little different this year. as i see no sign that btc will stabilize anytime soon, hope is so that all coins can go up.
at least coins that have been around for a long time can feel the fomo.But I'm not sure, my estimate that it won't happen is 70%

yes, bitcoin price movement is still up significantly and I haven't seen any correction in bitcoin price. looks like this year's Altcoin Season is different from 2018, I have a good feeling if bitcoin is experiencing a market correction then some of the top altcoins start showing their highs again. hope that happens sometime soon.

ZaraCB

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Quote from: DAVID GRACED20 on January 05, 2021, 03:45:08 AM

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

This year's alt season is a little different from all the alt seasons I've seen so far. Earlier in the alt season, the price of BTC has gone up, then the price of ETH and other altcoins has gone up in a short period of time. But this time the price of Altcoin has gone up long after the price of BTC has gone up.

Hypnosis00

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Quote from: DAVID GRACED20 on January 05, 2021, 03:45:08 AM

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

It is a long wait for the moment that ETH and the rest of altcoins do the rally.
Bitcoin price did spike in the middle of last year but altcoins keep that deep then until we got this new ATH for BTC and waking up the entire market. I saw the rising trend on the top coins in the market and some new coins but this will not help for the rest to behave that way especially for the deadcoins.

Bitstar_coin

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Btc Eth, one of them is certainly usually the trigger of alts season, am sure everyone is very hopeful now that eth price is surging that soon it will translate to other alts too, this may not be soon but seeing eth gives a little assurance the alt season is close.

Francis Freeman

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Quote from: Apostlekin$$$ on January 05, 2021, 03:49:38 AM

I had a different thought about altcoin season before, that's what Ethereum was lagging behind at 600-700$ but after Ethereum surge over 1000$ even while bitcoin dominance is still very high I finally have the feeling that altcoin season is happening, most of the altcoins I'm holding are ERC20 tokens so I don't worry much about LTC and others

Eth hitting 1000 dollars plus is what I view as one of the most prominent signs of altseason coming. We will see the obvious big names pumping like VET,LTC along with some new ones like UNI,DOT etc

ethereumhunter

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The scenario will not always like that, and it will be different than the last year or even a few years ago. This time, bitcoin increases so high and makes some altcoin needs to wait for more. But ethereum price can follow behind bitcoin, and now ethereum reach the ATH for a while, and maybe that will happen too with the other altcoins. If bitcoin still increases, maybe the altcoin will also follow increase, and we might see unpredicted altcoin that can increase.

Apostlekin$$$

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Sovryn - Brings DeFi to Bitcoin

I had a different thought about altcoin season before, that's what Ethereum was lagging behind at 600-700$ but after Ethereum surge over 1000$ even while bitcoin dominance is still very high I finally have the feeling that altcoin season is happening, most of the altcoins I'm holding are ERC20 tokens so I don't worry much about LTC and others

DAVID GRACED20

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Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

Topic: How the Alt season will pan out - page 3. (Read 711 times)