What is needed for Altcoin season ❓
Let's take a look back at the scenario from last November's price surge, which occurred in 3 phases
🔴 Phase 1: Sideways movement and bottom formation
🔵 Phase 2: Strong recovery but not sustainable
🟢 Phase 3: Real capital flows into altcoins when BTC.D decreases, however, it is still supported by BTC maintaining a stable price
There are a few notable points that
#bitcoin will be the key of this cycle, it needs to grow and be maintained at a high level when investor confidence in Altcoin is almost gone. And only a few #Altcoin outstanding and truly valuable ones will be able to grow significantly stronger than the rest
It currently seems like we are starting in phase 2
The above information is not investment advice
