Post
Topic
Board Speculation (Altcoins)
Re: Will there be an altseason this year?
by
leavolnhals
on 29/09/2019, 05:20:31 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?
June and July are truly the best days of my life. I have witnessed a lot of strong growth from bitcoin and alts. but for now, bitcoin is still the best growth, and the alts are dying because there are not many speculators trusting alts anymore.
This is probably due to the fact that many sharks are seeking to buy more bitcoin in preparation for the upcoming halving event. so they no longer care about alts and just want to push the price of bitcoin higher.
I predict we will see the longest bear market altcoins in history. I think the alts will still be under price until the halving event takes place.