Quote from: Strongkored on Today at 06:33:44 AM

Quote from: Moreno233 on February 16, 2024, 10:14:19 AM

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?

Of the many bull run periods in Bitcoin, it will indeed affect the altcoin market as a whole, so we can expect this to also happen during the current bull run, but on what altcoins we should focus on, it seems like it's too late because we should start buying altcoins when Bitcoin is not yet bullish. because altcoins are at very low prices, whereas currently many altcoins are starting to increase.
You can check that altcoins like shiba inu are being pumped and it will be quite dangerous in my opinion if you buy them now even though shiba hasn't reached its last ath a few years ago but those who want to buy should know the potential losses on this coin, and I hope shiba can rise beyond its ath in a few last year.

If we are to expect the altcoin season within the bull, I guess you are suggesting that Bitcoin will be stalled after which the altcoin season will follow. If that be the case, I don't know if there will be enough interval of time before this become noticeable that we are in the altcoin season. If you check, Ethereum as well as other major altcoins have been rising along with Bitcoin as expected because when Bitcoin rises, other cryptocurrencies follows it. I know some people are already looking away from Bitcoin, people who feel that Bitcoin will not give much profits. Maybe they are targeting the altcoin season to see their investment experience the explosive growth.