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 this season's bullrun is a super mega cycle where there will be a lot of altcoins hitting their ath. Especially with fund managers such as Blackrock participating in the BTC ETF. I think there will be a lot of new investors who will get into crypto and some will try to invest in altcoins in the hope of getting returns of up to several hundred percent. I think this season is different from previous seasons. I see this as in 2017-2018 where Bitcoin became very popular on the internet and many people were curious and learned about it, making the value of Bitcoin and several altcoins increase many times over until its peak in 2021. I think this year is the same as then. But for popular altcoins I think this year there will be many new projects that become popular and replace old altcoins. Some well-known examples include Rndr, Fetch, Ondo, Manta, and Altlayer.