#AltcoinBreakout "Altcoin Breakout" describes a significant upward price movement in various altcoins (cryptocurrencies other than Bitcoin). This often signals the start of "Altcoin Season," where capital shifts from Bitcoin into alternative digital assets, leading to rapid price appreciation.

Key indicators of an altcoin breakout include:

* Decisive price movement above resistance levels.

* Significant increase in trading volume, confirming strong market interest.

* Declining Bitcoin dominance, as investors seek higher returns in altcoins.

* Bullish technical patterns forming on altcoin charts.

When these factors align, it suggests a broad-based rally across the altcoin market, offering potential for substantial gains for traders. However, it's crucial to identify genuine breakouts from short-lived spikes and manage risk.