Post
Topic
Board Speculation (Altcoins)
Re: Will there be an altseason this year?
by
mr_random
on 27/07/2019, 22:05:07 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?
I’m afraid that we will not be seeing more good for alts this year because obviously bitcoin dominates the market for couple of months now and yet no signal that alternative coin has better growth this 2019 but atleast lots of thing waiting in 2020 who’s speculating to be the another season to put a record for the whole cryptocurrency,from bitcoin to altcoins and to tokens as well
The trouble is real, everyone is waiting for the start of the altcoin rocket-run. Speculation is regularly the root of all evil and we never hesitate to speculate for the potentially high-grade altcoins. If Bitcoin dominance drops below the 50% altcoin basket index will reverse and the current market trend will turn to the uptrend. Maybe in 2 years, we will see that expected drop but altcoins will go to the place which they belong.