Bitcoin Forum

Over the years I have noticed that most alt season started as follows:
1. $BTC pumps first.

2. $ETH $BET & $LTC coin pumps next, leading indicators of the Alt season.

3. Big marketcap tokens next. Usually top 20 on CMC.

4. Then full blown Alt season.

I had a different thought about altcoin season before, that's what Ethereum was lagging behind at 600-700$ but after Ethereum surge over 1000$ even while bitcoin dominance is still very high I finally have the feeling that altcoin season is happening, most of the altcoins I'm holding are ERC20 tokens so I don't worry much about LTC and others

The scenario will not always like that, and it will be different than the last year or even a few years ago. This time, bitcoin increases so high and makes some altcoin needs to wait for more. But ethereum price can follow behind bitcoin, and now ethereum reach the ATH for a while, and maybe that will happen too with the other altcoins. If bitcoin still increases, maybe the altcoin will also follow increase, and we might see unpredicted altcoin that can increase.

Eth hitting 1000 dollars plus is what I view as one of the most prominent signs of altseason coming. We will see the obvious big names pumping like VET,LTC along with some new ones like UNI,DOT etc

Btc Eth, one of them is certainly usually the trigger of alts season, am sure everyone is very hopeful now that eth price is surging that soon it will translate to other alts too, this may not be soon but seeing eth gives a little assurance the alt season is close.

It is a long wait for the moment that ETH and the rest of altcoins do the rally.
Bitcoin price did spike in the middle of last year but altcoins keep that deep then until we got this new ATH for BTC and waking up the entire market.  I saw the rising trend on the top coins in the market and some new coins but this will not help for the rest to behave that way especially for the deadcoins.

This year's alt season is a little different from all the alt seasons I've seen so far. Earlier in the alt season, the price of BTC has gone up, then the price of ETH and other altcoins has gone up in a short period of time. But this time the price of Altcoin has gone up long after the price of BTC has gone up.

yes, bitcoin price movement is still up significantly and I haven't seen any correction in bitcoin price. looks like this year's Altcoin Season is different from 2018, I have a good feeling if bitcoin is experiencing a market correction then some of the top altcoins start showing their highs again. hope that happens sometime soon.

I have same experienced as starting my crypto life .I have noticed many ups and downs but at the end who hold their nerve with there asset got a huge return specially on alt .Now the same things are going to happen once again .We have see the pump from eth and hopefully alt rally will come soon .

In my opinion, it is not suitable to set the same pattern, but we can also make a pattern on ATH in the past, then illustrate that it can have almost the same tendency. The difference is the price. in that case, no one can say 100% compliance to establish when to be bullish for altcoins. but of course bulls in altcoins will happen.

That makes sense to see that, the bitcoin whales will be moving to the altcoins when they have done with bitcoin pump. There's a very strong correlation between both bitcoin and altcoin but I think that I should remind you if the trend depends on fundamental of crypto. I see that when bitcoin gets dumped but altcoins were giving the opposite performance compared with bitcoin.
The fundamental plays the main role. It's not only the major coins but whole of the market being pumped when after the bitcoin pump.

Yes, that's the pattern for having the alt season. But this time, it may not follow the pattern anymore. Bitcoin still has the sign of being bullish and while Ethereum, it's also coming up with the bulls.

Right, there's no 100% sureness that it will be the same this time. While bitcoin is still bullish, we can say that altcoins season hasn't come. But on the other hand, we can't ignore ETHs pump which makes the expectation of everyone that it has finally come.

Yes, what you are saying is true, although not completely true, but what I am amazed at is how did you find out about most of the altcoin season? whereas you just entered this forum on August 02, 2020, through which did you pay attention to the Altcoin season over the years? while Altcoin season does not occur every year.

As of now it seems that basically everything that seems interesting gets boosted heavily + all of the main and well know coins are also pulling in nice profits.

Probably everything will follow after some time.

This time is extremely different.
Why?
First, the all-time-highs. If you look some major altcoins, like Ethereum, Litecoin, Stellar, ADA, Ripple, their all-time-high are still not yet meet even Bitcoin already did multiple times since $20,000.
Completely different. But Ethereum is already close to its All-time-high, but Bitcoin also already close to its around $40,000 which doubled from 2017 all time high.

This cycle has been done many times, we are all never see alt season before btc pump, so when bitcoin pump we only will see increasement in btc marketcap and marketcap share will be above 70%, after that bull run finnish then we can see the alt season. And will be many pump and dump coin there.

This is because altcoins are depending on the Bitcoin developments. Investors never look and consider investing altcoins if they never see Bitcoin going high, they are just rejecting it until such time that someone has to push it.

The current market flows show that altcoin is headed to the bullish season. I'm wondering now if big companies are buying it or just those normal investors and traders are hyping this. That is why we should choose only those altcoins that have a huge market volume and have a working product because this will give us assurance for a positive market result.

I agree that alt season occurs starting with the increase in Bitcoin first, following by some of the top altcoins that come pumping too. Usually,
alt season will occur soon, although this year is a little different from 2017. But I am sure the pattern will not be much different. Therefore,
I really believe that the alt season will occur in 2021. So I still HODL some altcoins that I really think have good potential, because I am sure
that if the alt season occurs then it can generate considerable profit.

In some other times but you need to consider on the numbers of traders will trade it since if the whales are in focus on bitcoins only then we can see the bitcoins pump and the alts left behind, we see that happen for so many times that's why if we want the alt season happen the whales or traders should distribute their capital to trade on various alts since for this for sure we can see the alt season comes.

I believe that the Alt season will not be exactly the same as before, just like you said about the start of the alt season but the moment is really different from before. The source of money coming to this market is bigger and easier as more and more large organizations are entering the field. I think that with what's going on, 2021 will be an alt season year, i also picked and bought myself things that i think will increase strongly as the alt season.

You could be right but I just hold microcaps like UNCX and 0xMR and wait for a 10x+ then sell. It's easy, just buy, set limit orders, wait.

Obviously this is a different situation because bitcoin is rising very high and in a fast time,,this becomes a difficult differentiator for Altcoin to pump and reach the moon in a short time.
They need to wait a long time for Ethereum pump to resume the time for the altcoins to follow,, even if it really does happen there will be no significant increase except from the top altcoins.
We need to see in the next few weeks whether their focus is shifting to altcoins or just on bitcoin.

altcoin season is going to be up well supported by several factors one of the positive news from altcoin it and supported by market conditions
as is happening now, My prediction is that conditions will continue so we can see some altcoins hitting highs

To my knowledge, one of the altcoin season indicators that you haven't mentioned is that bitcoin dominance will also drop. Altcoins tend to go up if bitcoin dominance goes down and bitcoin goes up.

It is obvious that bitcoin is not going to stop going up, which means alts and btc going up together right now. Looking at ethereum, it has increased more than anyone has ever imagined, I have watched a video and it says that there are about 100 times more sales of GPU right now compared to one year ago, and I am not even talking about the new 3000 series neither, I am talking about people buying Radeon v7 series for 1400 dollars, buying rx580 series for 350 dollar series each as well, these are about double of what the real price should be if you want to know.

It means things that have been over a year old, and bought only x amount of time last year, became even older generation of gpu this year but sold x100 more times with double the price of it from demand. That is what you should probably realize, if there is so much gpu request, which is definitely for mining, that is how alts will continue, there is now a huge demand, I do not see it going down anytime soon.

I don't think we will observe such boom in the altcoins price except Bitcoin starts to drop price and it seems that's not happening soon. When Bitcoin price starts to falls many people will be panicky and sell or swap to their trusted altcoins in order to safe value. And some might decide they want to swap to stable coins.

The market is now very overbought and many coins have shown good growth in recent years. So you should be very careful now and take profits and protect yourself from an imminent fall.

No one can determine the best time to exit from the altcoins and why? it's caused by it's not clear whether the 4 year cycle will be repeating again or not. It's only the time will tell but we must always prepare our assets to be liquidated anytime when crypto has touched its peak price.
Bitcoin is still really strong at this moment dude. I can't even think the bearish trend will come asap. 41k already passed.

We dont see alt season with current level of bitcoin dominance. Only btc correction will allow alt season to happen

cryptocurrency market cannot be guessed like you say, because if indeed cryptocurrency market always moves like that, then of course we are very easy to get profit from investing in cryptocurrency, but in fact the state of cryptocurrency market cannot be guessed that easily, because now the price of Bitcoin and Ethereum has increased very high (although Ethereum hasn't reached its ATH price), but the season for altcoin (bull run) has not happened until now, there are even some altcoin whose price has dump, so I think the state of cryptocurrency market will not always move the same as you say.

That is because a lot of the investors are expecting that what happened in 2017 will repeat in 2021. They are forgetting the fact that back in 2017, there were solid reasons for the altcoin rally, such as the ICO boom and hype surrounding coins such as ETH, TRX and ADA. This time the altcoin market is in a more suppressed state, and even at the current level, we are noway near the ATH levels for many of the coins.

Just take a look at the entire market and tell whether the market is rallying, the entire alts are rallying and most of the coins rallied around 30% to 60% in the last one month alone and i would consider that as an alt coin season because some of the coins have risen well above my expectation especially BCH and BSV and XRP is still rallying even with the lawsuit.

Perhaps the situation will repeat itself and we will follow this scenario, but there is also a possibility that crypto manipulators use a different new scenario that the bulk of the participants in the cryptocurrency market will not wait for

I think it will go a different way this time because Bitcoin isn't showing the same pattern. It might take a long run before the Bitcoin price's correction because the price is too unpredictable and it might reach higher in the coming days. As for me, altcoin season could happen anytime although Bitcoin season is still running.

The desired altcoin season should not be expected until spring. Valid only after the Bitcoin is sent for correction. Without correction, there will be no season. In any case, even if it will be - it will be not as strong as in 2017.

So according to your formula btc will first hit 200 to 300k then eth will hit 10 to 15k only then alt season will start, yes this pattern has played out in the past but may be all market will move this time who knows.

This procession is the way it happened around 2017. I remember around 2016, litecoin was very cheap to less than $5 but by the ending of 2017, it went around $60 and above. Likewise others, etheruem too came to ATH and many others. The movement always starts from bitcoin as it has happened. The altcoins have started too and market cap is rising as well.

The first 2 process had been seen for over 2 years and they seem to be repeating itself. BTC then ETH, all over. LTC, BSV, BNB are not doing any better. Defi has only been the addition to the list that has surprisingly better. Blockchain, smartcontracts etc are not making the market. Even the DEFI are for selected few, the market is bigger and only strong idea and team will thrive.

You mentioned what is happening in cryptocurrency history. You should know that altcoins always provided the biggest rewards in the average market like last year. What I meant, hold your altcoins from now on to gain the best benefits. I saw that altcoins season is always staying short, don't follow this pump trend.

Its see if history repeat itself knowing that this is the pattern of alt season. I, myself is hodling plenty of alt coins which I am hoping to be part of this incoming alt season.

The story of follow up is pretty old I guess. They do this due to one major fact, changes in the behaviour of people when BTC is actually pumping. Know why? When BTC is pumping most of the alts holder will tend to buy more alts and at the same time some portion of btc. Many investors are ready to buy alts because they are very cheap as compared to the btc and easy to stack up. Over the time they know they will give more return as compared to btc due to bulk buying.

This is the pattern they will follow henceforth. The reason is easy, btc is at the level where most of the small investors can now afford to buy only altcoins if they wish to invest small amount of money and it is also very easy to manage in the long run.

So yeah, alts will pump when btc goes up for sure and it's all about internal relationship of bitcoin market and alts market.

I think this will take a long time because there are so many currently that are very helpful from every project that we are fully participating in with investors also taking part in a new project. Therefore, we can conclude that in the future, altcoins will be more accepted by the public.

Well, that is - it's not even a discovery, but just the most banal FYI. Anyone who has any knowledge with the market and so understands that altcoins begin to grow totally and turn everything around into a "alt season" only when BTC finally slows down in its growth and stabilizes. People take profits and go in search of new investments and a lot of people in this way pounce on altcoins and pump them which leads to the overall growth of the market. This is hardly a discovery.

I think it depends on the investors to what extent they can hold their altcoins but in different situations we also have to see whether many or not who want to buy these tokens for now so this is what drives the price of the altcoins that are currently being pumped.

Similar incidents will be happening at all time it is not an overall regards. There is a lot of various thought on regarding crypto industry. I think if BTC keeps its increasing value, then the altcoin will be run with the same speed. Because If our analysis a few days back of coinmarketcap report then we can see there have soft corner for some altcoin's. So, I hope altcoin will must increase in the near future at all.

Usually, at first, bitcoin starts to rise in price and then most of the top altcoins also start to rise in price and new altcoins also join to top altcoins and begin to rise in price, but there have also been times when altcoins have grown in price much faster than bitcoin, therefore, bitcoin does not always start to grow first, sometimes altcoins start to grow first, and then bitcoin, so it all depends from the big players, because they decide which cryptocurrency they will pump first.

I personally think that the doge pump was the start of the altseason, after that pump which was over 600% up a lot of other coins started pumping as well.

I believe the market is very active at the moment, I have seen a lot of altcoins go up quickly in a short time. It seems to be enjoying SWB, and they're just getting started so keep your altcoins secure.

The market has entered the spring, Altcoin has started to move well, it has expanded its own users, institutional investors.  Necessarily that we are always waiting for.  Coins with a fast transfer speed tend to get attention like TRX, EOS has been awakened, XRP in particular.  That is the main reason why it may be that ETH has been frozen in place for the past week.  In order to maintain that response, people began to discover that crypto is a weapon to stop, against covid 19. It would be more perfect, if bitcoin and crypto would be accepted in every country in the world.

Maybe not at the same speed. that's because crypto is very well known for bitcoin. so where the bitcoin pump, then the price of other coins will also increase even though in different periods of time. For now, I think the altcoin season will be quite different and will probably last quite a while

The reason why altcoins are going up is not because there are new investors for them, I mean surely there must be some new investors I do not refute that but the real deal is that bitcoin increased like crazy which means there was a lot of new investors for bitcoin, whereas some of them moved to alts as well but they didn't moved upwards like bitcoin did.

So if bitcoin moved upwards but alts didn't, how did the price of altcoins increased? Simple, when bitcoin increases in bitcoin, if it goes up 100% higher but ethereum-btc pair goes down just 10% that means ethereum price will go up in fiat as well while going down in bitcoin which we calculate based on. That means if ethereum had as much new money going into eth, that price would be 100% like bitcoin did. Now of course real numbers are different, but the logic is the same, we need even more and more increases of altcoins versus bitcoin not just fiat.

You can forget about alt season if Bitcoin drops, and Bitcoin has already dropped significantly from its ATH, which combined with the previous explosive growth puts it into a very dangerous territory as the popped bubble pattern forms.

Also, there will never be a second big altcoin season like in 2017, when all alts rallied so hard that Bitcoin's dominance fell to 35% - there's no doubt now that Bitcoin is king of crypto while alts constantly fail to deliver anything useful.

just like me, CZ said on twitter check https://twitter.com/cz_binance/status/1355740672473460739,
yes he said that 5 years ago it will happen in 2021 !, what? we know the increase in the past 5 years to thousands of percent, and Doge proved it !,
I thought CZ was just bullshit, but he was right, don't miss it my friends we can make rich for this season!

Many people are waiting for the famous 'alt season' !

I personally think that we will see it, once more, when it is gone :) And I will go further by expressing the idea that ... we are already in it :)

Of course not all shitcoins pump, but some projects have already evolved (and for some for many months) in a significant way.

Well LTC is not pumping dear I bought some and am still holding seeing other coins pump and I have to hold my bags I think this bull run is kinda selective and people are choosing mostly use case and the then maybe trending hypes I hope LTC smart contracts comes soon on LTC though