Post
Topic
Board Speculation (Altcoins)
Re: Altseason Has Almost Arrived For Altcoins.
by
wxa7115
on 23/12/2019, 23:00:23 UTC
It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs.

It's about time for altcoins to shine!!

You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctk
That is not a fact that is just an observation that may prove to be completely useless in the future, the bitcoin dominance is almost at 69% and it is still growing, I do not see how altcoins could begin to reduce that dominance when it is obvious that the interest of most investors is only in bitcoin, I know that you want to believe otherwise but that is the reality of the market and it is not going to change just because you want to see an altcoin season.

At this point I really believe there is not going to be an altcoin season until we see a bull run coming from bitcoin and since I do not believe that will happen during the next year then the next year is going to be bad for altcoins as well.