Post
Topic
Board Speculation (Altcoins)
Re: Will there be an altseason this year?
by
NathanJB
on 30/06/2019, 13:02:55 UTC
Bitcoin seems to be having a jolly ride this year, and the alts aren't following suit, just a little gains here and there. And with the increasing percentage of bitcoin dominance which is now over 60%, do we see the alts pulling massive gains this year?

You will. That is for sure. If Bitcoin will rally, it is sure that the altcoins will also rally although we cannot be sure when it will come. That is not certain. For as long as Bitcoin is very bullish, it cannot be certain that the altcoins will also be bullish. It is because many of investors will dump their altcoins for the sake of Bitcoin. What is assured in a way is that once the price of Bitcoin is high and the prices of altcoins cheap, there is a huge possibility that massive buying of altcoins will take place.