When Altcoin Season starts ?? Answers for all queries regarding altseason 🔥
Many people spreading unrelevant information regarding Altseason. Coming in 4 days and coming in febrauary end etc etc is going on....
But in Reality altseason starts when BTC dominance hits Above 65 % - 70%.
As We can see previous 2021 Altcoin season hitted 70% dominance and breaked down ..
But this time market has more volume as compared to 2021 it may reach even more dominance.
Think about altseason if BTC dominance hits above 65%
And the BTC not even reached all time high properly it may reach upto 115k to 120k
Key aspects to observe as a long term investor :
* Main motive is make good returns.
* Buying at low and selling at high gaves more returns.
* So Every person accumulate altcoins at it's low price.
* As soon BTC gets over priced and dominance got increased . People start selling BTC and fall on altcoins at that time altcoins have lower price.
Such altcoins will be selected which has strong fundamentals ✅️.
Avoid FOMO . Don't fall for short term moves.
Etherum and solana is crashing because the funds are moving to BTC .
If funds moves to BTC then only dominance rises. After making profits on BTC at that time the prices of these solana and etherum is at low and people pump it hard ✅️.
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$BTC
Note : This content is for knowledge purpose only . Don't construct it as a financial advice. Crypto markets are highly volatile. Make sure to research before investing .