#bitcoin #altsesaon #Ethereum #PEPE
Predicting accurately when an 'altseason' will arrive in the cryptocurrency market is complicated, as it depends on multiple factors such as market behavior, Bitcoin dominance, macroeconomic conditions, and investor sentiment. However, there are certain patterns and indicators that analysts use to estimate its possible arrival.
An 'altseason' occurs when altcoins (cryptocurrencies that are not Bitcoin) consistently outperform Bitcoin over a sustained period, usually accompanied by a decline in Bitcoin dominance (its percentage of the total crypto market capitalization). Historically, this tends to happen in the late phase of a Bitcoin bull cycle, when investors start to diversify their profits into altcoins in search of higher returns.
