Quote from: Phantom Investor on January 14, 2021, 10:19:59 PM

Hello there. As you may know, alt season is about to take place. Usually, as seen by past trends, there is a major correction in the price of bitcoin when the alts explode. When that correction happens, do the prices of the alts also fall before shooting up?

Regards

We really don't know when the alt season has started yet or not. Ethereum though, the prime mover in Altcoin are close to being reaching it's precious highs. But if you have to look at the dominance, bitcoin still takes over 70% so again, will there be any alt season when all the money is still on BTC.

And as far as past trends, as bitcoin narratives has shifted, this kind of correlations might not be true at all, just saying. Altcoin investor has mature as well, no longer the irrational buyers that we have witnessed in 2017.