When Will the Real #AltSeason Arrive? 🚀
Current Situation
Currently, the cryptocurrency market is experiencing #BitcoinSeason . This is confirmed by the Altcoin Season Index.
Over the past 60 days, altcoins have shown worse results 🩸 compared to BTC, and this has been the main reason for the increase in Bitcoin's dominance.
BTC determines the direction of movement.
Altcoins $ALT
only react to its maneuvers.
What Needs to Change? ⏳
These phases of dominance $BTC
are temporary. But for a true Altseason to begin, a key change is needed:
Correlation needs to weaken. 📉
Ideally, it should become negative 🩸.
🚨
Only when the correlation between #bitcoin and #Altcoins👀🚀 weakens will altcoins start to outperform BTC, and the real Altseason will begin! 🚀 Prepare your portfolios!
Keep an eye on the BTC dominance index and correlation! ✅
What do you think? When do you believe the season will arrive? Share your predictions in the comments! 👇
