Post
Topic
Board Speculation (Altcoins)
Re: Can we ever have altcoin season again.
by
arpon11
on 18/07/2019, 07:47:13 UTC
Yes, it is quite possible, I think 2020 will be the year for market recovery in full swing.
what is the reason 2020 can be a recovery for the market, I think now the market has started to improve
2020 is a year that bitcoin is going to halving and expert has said "every time bitcoin halving, we should expect strong bullish trend"! In may, 2020  precisely bitcoin daily supply will reduce by half and that means the miners that sell bitcoin often which cause dump in pricing will not have much bitcoin in their hands again and that means demand is going to increase which in turn will cause an increase in bitcoin pricing. Some of the altcoins have started picking up and that mean we would experience "altcoin season again" But it might not going to be as it happens last two years or early last year.