Post
Topic
Board Altcoin Discussion
Re: Current market conditions
by
btc-facebook
on 31/12/2020, 23:41:40 UTC
BTC has crossed 29000. But compared to that, altcoin didn't pump much. And now the BTC domain has increased a lot. Normally, when BTC domain increases, altcoin dumps and when BTC is stable, altcoin pumps. May pump price in January and February.
It's not stable, but when bitcoin dominance decreases (correction) then the altcoin season will arrive, but I don't see it going to happen any time soon, because bitcoin hasn't correction in the big time frame, it should be a correction soon.

The current market conditions are very good, especially if you have bitcoin, of course it is very profitable. But if you have altcoins you should be more patient because the altseason is still not starting, it is likely that next year it will start pumping soon.
Yes, everyone is waiting for next year because professional analysts say that the peak of the bull market will occur in 2021.