Post
Topic
Board Speculation (Altcoins)
Re: Will Alt season come soon?
by
Natalim
on 14/10/2019, 07:44:11 UTC
Cryptocurrency markets continue to stagger but there has been much talk in recent weeks and months of an alt season. But is this really going to happen?

I don't know but the btc dominance is obviously falling, it means the market cap of btc is decreasing while the market cap of the altcoins is increasing. So it could be the beginning of an alt season soon...
Nothing is so significant with that drop, dominance rate is still high at 66% now, I would only agree that a bull run might come soon if it will drop below 50% as that would help the altcoins market to grow. At this rate, I don't think it's already a good sign because altcoins has not shown its independent move that they can beat BTC.