#AltcoinBreakout Altseason refers to a brief period in which capital shifts from Bitcoin (BTC) to altcoins or alts, resulting in a notable and rapid increase in the prices of most cryptocurrencies. Altseason, commonly known as 'Altseason', is characterized by massive gains and high volatility. It is, essentially, an excellent time for cryptocurrency maxis that are not Bitcoin.

During a relatively short period —usually weeks or months— the value of altcoins skyrockets as investors transfer their funds from Bitcoin to other cryptocurrencies. As prices begin to rise and the altseason index trends upwards, FOMO (fear of missing out) investments come into play. This creates a cascading effect that further drives altcoin prices to extraordinary levels for a limited time.