What do you think about the altcoin season in summer and autumn?
There are a lot of factors telling us that BTC will grow much higher according to the fresh news:
Amazon,
Google,
Facebook
Tesla.
And a lot of other positive news for crypto.
Nevertheless this market is so speculative and unpredictable!
maybe you could give me your piece of advice and share your opinion about a situation on the market?
This is not altseason, this is crypto season and there is a difference between those. What is the difference? When the latest bull run started, bitcoin was around 5k but reached 10k quickly, after that we had a whole run towards 64k right? Well ethereum for example (can put any altcoin in there instead) ended up working towards 1500 or so from 150 dollars level at the same time, even reached 2-2.5k levels at the peak of 64k, then bitcoin stopped, bitcoin price started to even drop, but ethereum went as high as 4k after that. THAT is altseason, because it means that bitcoin is not the cause of the increase and alts are doing it all by themselves.
If you end up with higher and higher bitcoin, then it is not "alt" season because bitcoin is increasing as well, that makes it a whole crypto bull run. The moment bitcoin stops going up but others keep on going up, that will be alt season.