I believe that after the halving we will see the price of altcoins rising. Perhaps, some altcoins price are being controlled by bitcoin price which has made some of them to also experience increase value in price due to the skyrocketing price of bitcoin currently. If you want to invest in altcoins only use 10% of your portfolio.
It is not all altcoins that we experience this pump with bitcoin price, and it is not all altcoins that will hit a new ATH but only the valuable ones that have lasted long. Altcoins should not be kept for long but to trade in a short time, otherwise you might wake up one morning and see an empty bag.
Topic: When do we expect the altcoin season or has it already started? - page 3. (Read 386 times)
just the gains some of the altcoins. not all altcoins are going up to exceed it's previous ATH. not all are going to have a good value, it's just that it's worth the risk once BTC goes to its ATH some altcoins are also profitable to invest in. as of now we can see SOL is making it.
what i have noticed though is that back in 2021 when BTC moons, Doge hit $0.75 while right now it's not really performing well compared to how it rose during that time.
my conclusion is that the altcoins that go high in the last bull run may not be in the next.
what i have noticed though is that back in 2021 when BTC moons, Doge hit $0.75 while right now it's not really performing well compared to how it rose during that time.
my conclusion is that the altcoins that go high in the last bull run may not be in the next.
It is possible that we will see a season of rises in the altcoins market because the crazy rises of Bitcoin have not yet ended, or because some people think that the price can rise more, so there is still betting on Bitcoin, but if we witness a week or two of stability, the prices of altcoins will often increase before price corrections occur. It takes us back to levels below $54,000.
Great question, OP. The jury's still out on whether a full-blown altcoin season has arrived, but there are definitely signs pointing in that direction. For one, a decrease in Bitcoin's market share (dominance) often precedes an altcoin surge. We've seen this trend recently, suggesting altcoins might be getting their turn in the spotlight.
Then, the recent rise of meme coins like Dogecoin and Shiba Inu could be an early indicator of increased investor interest in altcoins. Plus, there’s continued innovation in the DeFI sector, which is attracting attention.
But the most important sign of the altcoin season is Bitcoin surpassing its previous all-time high and maintaining this momentum (it’s at 72,986.90 USD right now!)
Then, the recent rise of meme coins like Dogecoin and Shiba Inu could be an early indicator of increased investor interest in altcoins. Plus, there’s continued innovation in the DeFI sector, which is attracting attention.
But the most important sign of the altcoin season is Bitcoin surpassing its previous all-time high and maintaining this momentum (it’s at 72,986.90 USD right now!)
There is a popular myth that after Bitcoin bull market comes the altcoin season with the altcoin season being a season where huge capitals flow into altcoins for those who would have missed buying Bitcoin at lower prices. There is some sense in this line of thought because it has happened that way in the past.
From last year till now, Bitcoin has made over x3 and other cryptocurrencies has followed it but not all of them experienced this same level of growth.
So are we still expecting the altcoins season or the gains some of the altcoins made following Bitcoin is already classified as the altcoin season?
From last year till now, Bitcoin has made over x3 and other cryptocurrencies has followed it but not all of them experienced this same level of growth.
So are we still expecting the altcoins season or the gains some of the altcoins made following Bitcoin is already classified as the altcoin season?
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