#AltcoinSeasonLoading 🧚♂️What is the altcoin season?🎉
🧚♂️What is the altcoin season?🎀
🎆The altcoin season typically begins when capital shifts from Bitcoin to alternative currencies, ultimately leading to a drop in the price of BTC to a support area of about 39%. Bitcoin's dominance represents important resistance and support levels🎊
✌When does the altcoin season start?💵
💎The impact of this on alternative currencies🎁
The delay in the rise is not frightening; I see it as an undeniable opportunity that is good for accumulation. However, what is truly frightening is that the expected rise, which is likely to start around the middle of the second month of 2025, will not last more than 60 days, and the drop will be sudden, which will prevent many newcomers from making profits.
When do alternative cryptocurrencies rise?
It is expected that during the year 2025, it may be more beneficial to monitor the dominance of other alternative currencies, that is, all cryptocurrencies except the top ten. The Altcoin Season Indicator (ASI) shows the relative performance of alternative currencies compared to Bitcoin.
When does the altcoin season start?
The impact of this on alternative currencies
The delay in the rise is not frightening; I see it as an undeniable opportunity that is good for accumulation. However, what is truly frightening is that the expected rise, which is likely to start around the middle of the second month of 2025, will not last more than 60 days, and the drop will be sudden, which will prevent many newcomers from making profits.
🎀When is the best time to buy cryptocurrencies?🎈
Of course, the best time to trade cryptocurrencies is during periods of extremely high liquidity, when market volatility is higher. When there is a high turnover in the market and trading volume increases, volatility also rises. This can be influenced by the release of important news about each cryptocurrency, regulations, information from the press, or even the price of Bitcoin dropping or rising.
🎁Do alternative currencies have a future?🎀
Although alternative currencies have not yet reached this cycle due to various market conditions, there are many exciting potentials and projects in development. In the end, risk-takers will return to digital assets other than Bitcoin$ETH