How to tell if the altcoin season has arrived? Just look at BTC.D, if the percentage keeps rising, it’s basically hopeless; once it goes over 50%, it could open the floodgates at any time; if it peaks and turns down, altcoins usually begin to thrive; if it drops to around 40%, it’s about to come to an end.
It’s best to look at this together with BTC price:
BTC rises + BTC.D rises → Altcoins decline
BTC rises + BTC.D falls → Altcoins are active
BTC falls + BTC.D rises → Sell altcoins and buy BTC
BTC falls + BTC.D falls → Everyone directly runs to stablecoins
