It seems we are gradually entering the altcoins season zone. Bitcoin halving already done. And now the time isn't so far when we will experience the pump of altcoins market. So it can be a perfect time to buy or holders and investors are going to take advantage from their altcoins shortly but Bitcoin session won't be end. Bitcoin is Still flying and no major correction is seen yet. So we can expect massive development in altcoins sector
We have not yet entering the altcoin season. Bitcoin is always eating altcoin's dominance in the market, which mean the altcoin season probably come at the end of this year or next year. Look at the chart first, bitcoin was always eating altcoin's dominance anytime which is also giving bad impact to the performance from altcoins.
As you can see how altconis performing so badly against bitcoin these days. There was no correlation in altcoin pump to the bitcoin. These cycles are often happening now.
BTC dump altcoins dump
BTC pump altcoins dump
BTC did nothing altcoins dump
The latest hype of altcoins happened caused by bitcoin hype but it doesn't mean altcoins have very strong fundamental right now. Even when bitcoin goes down from 72k to the 61k already triggered altcoins to lost around 40% - 50% from its yearly high price.
This so damn bad for altcoins caused by it can't keep the momentum.