Post
Topic
Board Altcoin Discussion
Re: waiting for altcoin season might take time
by
andriarto
on 20/11/2019, 04:45:16 UTC
Based on technical analysis from experts, we may not see an altcoin season this year. If you are still holding them, you may have to hodl a little longer.

I also believe that we will not see the altcoin season this year. But also I believe that we will not see a new bottom. In other words, as was said earlier, 2019 is the year of accumulation of cryptocurrencies, real growth will not be earlier than 2020. But again, it’s impossible to say for sure.
However, practice shows several things to rely on. The market is cyclical, it is a fact. Each time, the cycles have different properties, so we do not see the same outcomes for each cycle. However, they are similar. The behavior of people in different periods of the cycles is also similar. At the celebration of this, we can draw some conclusions, in particular that 2020, can indeed become a year of new heights for cryptocurrency.

I can't believe with altcoin season on this years because bitcoin price still down and waiting middle next year for bitcoin halving to make altcoin season come, without bitcoin raise higher price impossible altcoin price on higher and stop dreaming with altcoin season, now just push and support bitcoin have higher price to make opportunity for altcoin have higher price later and keep always on the top price.
This year is just one month away, and bitcoin is still predicted to fall to the area of ​​$ 7,500, so I think altcoin is still difficult to increase this year, because the increase in altcoin is supported by the increase in bitcoin first. therefore to see the surge in altcoin I also thought that it would be preceded by an increase in bitcoin