Index Moving Towards Altcoin Season

The Altcoin index is just gearing up. We have not entered the altcoin season yet, according to the Altcoin Index of Coinmarketcap but it is moving gradually towards it. As you can see the screenshot, 52 coins in the top 100 coins have been able to outperform Bitcoin in the last 90 days. The Altcoin Season will start when 75 coins have been able to outperform Bitcoin. The arrow in the index points to small circle showing that the Index has left the neutral territory of Bitcoin and entered the neutral territory of altcoin, moving towards the blue line of the altcoin season.

Prepare ahead, and make sure you buy into coins with strong fundamentals and exit at the right time.