Post
Topic
Board Altcoin Discussion
Re: Will we ever get another 7th Jan 2018 Alt Season?
by
idrisalomagold
on 06/01/2021, 02:13:28 UTC
History repeats itself, by means of repetition - based on market fluctuation and activities - bitcoin is targeting ATH to ATH this closed year ended 2020 and to earliest 2021. With a lot of speculations, we must be careful about the activities of the market right now as the latest huge transfers of more than <10,000 BTC had already diminished over time. So, we may see the correction for a bit this time. Alts season correlates to a decrease in BTC price dominance and price against altcoins (increased). Alts are already making a little increase in its price but we may not yet be seeing those ATH like what happen to the 2017 bull run, since the market of BTC is possibly not yet at its peak. Trying to see a little correction in order to hit another ATH. If a sudden sell-off will be observed in the bitcoin market, perhaps these alts season may exist.