Post
Topic
Board Altcoin Discussion
Re: What causes altcoin season?
by
jaberwock
on 25/02/2024, 18:14:42 UTC
It is a general believe in the cryptocurrency community that Bitcoin bull season is usually followed by altcoins season. I don't know the logic behind it hence the reason for this post. The present bull run seems to be dominated by Bitcoin and its already taking too long without corresponding rise in price among the notable altcoins.

So, should we also expect altcoin season following the current bull run? If yes, what are the best altcoins to focus on?
I think the logic behind it is that people are done in BTC for a while, so they think it is now time for the altcoins to do the same. They buy it, pump it and then everybody sells it to get a share for helping the movement. Not only the present bull run but almost all bull run are like that.

It is usually led by BTC which made sense because it is the first crypto and isn't it weird if the bull run will be started by ETH and then followed by all altcoins? Anyways, there is no bull run yet that occurred because we haven't broken our past ATH yet and this is the reason why you don't see altcoins rallying. For the best altcoins, I already mentioned ETH, then just team it up with the alts next to it (you know the top ones).