#TrumpCountDown
Altseason refers to a period when many altcoins experience a significant increase in value, outperforming Bitcoin by $BTC .
The term “altcoin” comes from “Alternative Coin,” which encompasses all cryptocurrencies other than Bitcoin.
During an Altseason, investors tend to move their capital from Bitcoin to altcoins, seeking higher returns.
How to recognize an Altseason?
Bitcoin Dominance Index:
A key indicator that shows the proportion of Bitcoin’s value compared to the total cryptocurrency market. A drop below 50% usually indicates the start of an Altseason.
Altcoin Season Index:
This index measures the performance of altcoins.
It is important to investigate whether the altcoin has a clear purpose and whether it solves specific problems in the market.
