Post
Topic
Board Altcoin Discussion
Re: When is altcoin season???
by
Viscore
on 08/05/2020, 23:10:09 UTC
some people say that Altcoin Season comes after Halving,
because maybe traders and investors from Bitcoin move to Altcoin and there is a decrease in dominance, we just look after this halving, hopefully
It must be before halving consider people will sell their bitcoin after halving and that means if there will be a huge dump after halving. Altcoin will potentially to follow bitcoin and you can see the market right now.
People are still betting a lot on bitcoin halving. It may end soon and correction will happen.
We can't eliminate the possibility because people will just follow the hype and then sell right away when they get profit.
However, if people really sees the important of halving, then we will see a good price even after the halving and it's not hype anymore its a real bullish price that could drive a bullish market in overall and altcoins season might happen this year too.