Post
Topic
Board Bitcoin Discussion
Re: Question on bitcoin and alt season
by
Wind_FURY
on 17/01/2021, 09:12:08 UTC

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.


During this cycle, most of the altcoin market has crashed when Bitcoin has crashed, then there some days, some of the altcoins have also crashed when Bitcoin was surging. I believe altcoin season will NOT be as strong as the past trends.

Why? Because institutions make up most of this bull cycle, not the retail plebs which made up most of 2017’s bull cycle. I believe institutions won’t invest in shitcoins.