#BTC #Anonymous_57 #altsesaon I have seen this chart of Bitcoin dominance over altcoins in many places, and many are currently pushing the idea that the alt season will start on July 1st. Neither earlier nor later.
Even despite the fact that according to a large number of indicators, oscillators, and metrics we are indeed on the brink of the alt season beginning, many people simply do not understand what an alt season is because they have just found out about crypto "the day before yesterday," and the last time the alt season pleased us was exactly 4 years ago.
The problem is that the alt season does not start in one day; in fact, it does not have a precise date. What is an alt season? It is the percentage ratio of the market capitalization of all altcoins to Bitcoin. There is also the alt season index, which is the ratio of Bitcoin to the top 100 altcoins by market capitalization over the last 90 days. The problem for information marketers is that if tomorrow the altcoin market wildly pumps against the backdrop of Bitcoin, the Bitcoin dominance percentage will drop by at best 1-1.5%, and right now it is 65.88%, so what, is this the beginning of the alt season? Of course not. When the real alt season begins, many will start losing money without realizing what is happening. Be patient 😉