Once the bitcoin reaches 70% dominance, I think its a right time to invest in alt coins. Most of the alt coins are at bottom price now. I feel it's a great opportunity to invest in alt coins..
Are we Going to see Bull Run in Q1 2021? Is it a right time to invest in Alt Coins? What is your opinion on this?
but bitcoin did not reached that 70% dominance but yet Altcoin season is now on the move.
Bitcoin Dominance is still 56% but altcoin is showing the greenery of the market since yesterday .
There is a trader that I follow, his analyzes are sometimes very successful, and in this case it is convenient that the time for him is now according to the altcoins that he recommends:
1.- AAVE
2.- LINK
3.- BNB
4.-DOT
5.-SUN
6.-SOL
Source:
https://dailyhodl.com/2021/04/06/these-six-crypto-assets-are-gearing-up-to-erupt-according-to-analyst-cantering-clark/I´m not very knowledgeable about most Defi coins, but Dot is clearly having a very good time, now, BNB is not far behind, in addition to the adoption in many casino and betting platforms in the market is being highly valued. For now, Bitcoin has shown some small correction, but enough to make some altcoins react, but it is very likely that investors will seek refuge in these currencies.
3 of those mentioned had already shows the season of altcoin, Seems like i will watched the other 3 now.