Altcoin Season Likelihood Grows As The Alt Market Makes A Key Cross, Breakout...
An altcoin season occurring in this current bull market cycle has become a heated topic in the crypto sector lately, with uncertainty observed among the majority of crypto enthusiasts. Even though altcoins have been performing significantly bearish in the past few months, recent developments in the alts market raise the possibility of an altseason as […]
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Crypto analyst InvestingScope has drawn market participants’ attention to a major occurrence that hints at an imminent altcoin season. The analyst also revealed how high the crypto market could reach as altcoins outperform Bitcoin during this period. Altcoin Season May Be Imminent As Golden Cross Flashes In a TradingView post, InvestingScope revealed that altcoins have made a 1-day Golden Cross, the first since just right after the US elections. He noted that the rally that followed made new highs for these altcoins, indicating that another altcoin season may be on the horizon. The....
Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. It's widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altcoins. When BTC price is down, altcoins tend to follow, but as a bottoming process begins, altcoins tend to perk up during Bitcoin's consolidation phases and this typically leads to a call for an altcoin season. While Bitcoin's current dip below $30,000 shows that it's a bit premature to call for an....
Chỉ số Altcoin Season Index (ASI) vừa đạt 80, mức cao hiếm thấy, cho thấy phần lớn các altcoin đang vượt trội hơn Bitcoin. Theo Blockchaincenter, một mùa altcoin chính thức đã bắt đầu cách đây chỉ 6 ngày. Trong lịch sử, các đợt altcoin season thường kéo dài ít nhất 17 ngày và đôi […]
Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an "alt season" just yet. Few traders would argue against the fact that Bitcoin (BTC) is in a bull market, but there is less consensus on whether the market is in the midst of an "altcoin season." A quick view of Crypto Twitter shows the schism between traders who are certain we are halfway through alt season and those who believe it has yet to begin.Typically, traders rely on a wide swath of indicators and metrics, like Bitcoin’s total market capitalization versus the total altcoin market....
Many crypto analysts and investors are still eagerly anticipating the arrival of a full-blown altcoin season in this market cycle. While some surges have been observed in individual altcoins like Solana and XRP, the broader alt market has yet to see the kind of explosive rally that characterizes an official altcoin season. This delay is […]