Post
Topic
Board Altcoin Discussion
Re: Analysts announce the start of altcoin season
by
kak uli
on 25/08/2021, 10:33:32 UTC
The surge in altcoins has led many traders to forecast the dawn of a new altcoin season. According to "The Moon" a pseudonymous Twitter analyst, altcoin seasons follow a major run-up in the price of BTC, especially when the price stalls or pulls back.

Reference

I think the analysis of "The Moon" is very true and many people say so, where the price of bitcoin soars higher then altcoins will follow the bitcoin trend so many think that altcoins follow the movement of bitcoin. whereas on the other hand, altcoins have significant movements because they depend on market demand.