Well I am just curious, because this is my first bull run experience in this crypto space, by the look of things, Bitcoin is actually going too the moon, and as it stands this morning, it has set a new all time high of 104k but almost all the alt coin hasn't kept up to the pace at which Bitcoin is skyrocketing.
Bitcoin really made a very big pump overnight and a lot of people just woke up to see bitcoin already in $100K+ which is something commendable and always expected of it for some time now. Most alt coins didn’t really follow in the move and direction of bitcoin that lead it to record a new all time high yesterday, this is to say that the bull run is in particular in favour of bitcoin now. The altcoin season is yet to begin and it’s clearly seen that the money is being spent on bitcoin now and more people are buying more and more of it leaving altcoins behind.
So am just curious, when is the alt season coming forth?
Or is this bull run not for the alt coin as well?
Though the bull run is still in it early days, and anything can still happen but with the kind of market dominance I have seen so far from Bitcoin, is it that everyone is now wise enough not to gamble on alt coin?
Or their time hasn't come yet?
The time for alt season is still on the way and we will soon see the alt season upon us where we’ll record a very big pump in the altcoins. During the alt season, bitcoin will witness some downtrend as money is being pumped out of bitcoin to other altcoins after investors already taken their profits out. The bull run is still in its early stage, the season is not yet over and the altcoin season will also come with its profitable time.