My lovely people! What’s up, friends! The million-dollar question in the crypto neighborhood is whether that famous "Altcoin Season" has arrived or when it will arrive, that is, the season when cryptocurrencies that are not Bitcoin will shoot up like rockets. And the truth is that analysts have divided opinions, this is a real soap opera!
Imagine that Bitcoin, the daddy of all crypto assets, has been hogging all the attention and green bills. 💰 Its "dominance" in the market, that is, its slice of the pie, has been through the roof, reaching 64%! And the thing is, for altcoins to start dancing and rising like foam, Bitcoin's dominance has to drop. The money has to rotate! 🔄
Several analysts, like those from CryptoQuant or Michael van de Poppe, say that the Altcoin Season could be close. Van de Poppe, for example, is saying that altcoins are "at the bottom", and that’s a good sign! Because before something takes off, sometimes it has to hit the bottom, you know what I mean? He believes that the next 12 to 24 months could be "the last easy ones" to make good profits from altcoins. Hopefully, that’s the case! 🙏
Other experts, like Tony "The Bull" Severino, are analyzing the charts and saying that Bitcoin's 64% dominance could be a turning point. If that dominance starts to fall below 62%, that’s when the altcoin party could really get started! It’s like the main DJ, Bitcoin, handing the microphone to the other artists so they can shine. ✨
But, watch out! Not everyone is celebrating yet. There are some skeptics, like Rekt Fencer, who are saying that many altcoins have dropped 90% since December and that a small rebound doesn’t mean we are in the big season. We need to be alert and not get complacent! It's like when the meringue just starts and you already want to throw the forbidden steps. 😂
The key here is that, historically, the Altcoin Season arrives when Bitcoin stabilizes or corrects a bit after its brutal rises. That’s when people start looking for other opportunities and liquidity moves toward the altcoins. The launch of new projects or improvements on existing ones also plays a role.
So, my people, the expectation is in the air. Some say it has already started (and we didn't even notice!), others say it's just around the corner if Bitcoin gives up a bit of its dominance. What is certain is that you need to have a clear strategy, not go crazy, and always, but always, do your own research. Let's pay attention to those charts! 📈$BTC
