One question we should notice is when it comes to altcoins is when we will see a new Altcoin season. Or even if we will have again an Altcoin season, because it is likely, altcoins will no longer be able to gain significant ground against Bitcoin.
Recently, we have been very weak for leading Altcoins and Bitcoin has been able to mark numerous new all-time highs, while our Altcoins have not come close to previous peaks.
So what is your opinion, when will we see a new Altcoin season or will we not see again an Altcoin season?
The cryptocurrency market have changed so much following certain factors that have hard much impact on the market such as the ETF approval that now makes it possible to buy Bitcoin through ETFs rather than directly from the market. What this meant was that we saw Bitcoin making an ATH when no expected thereby changing the previous pattern of Bull season followed by altcoin season that we saw in other years. In other words, there are more factors on the market now which have changed the order of things dramatically. Therefore, it is possible that we will not see a clear altcoin season but a market that will follow Bitcoin to boom.