Bitcoin Forum

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What do you think? In which phase are we now? Phase 2? or already in Phase 4?

For some out there that don't know what Altseason is. Altseason is when the altcoins are leading the market, pumps everywhere, and the Bitcoin dominance keeps falling. If you already in cryptocurrency around 2017 - 2018, there was an alt season that happened in 2018 after Bitcoin topped in December 2017. I remember before, even how shitcoins the alt is, it is still pumping and after that, most of those alts are dumped too hard, like almost 50%-90% losses.

The altcoin market is in phase 2. It is difficult to conclude that it has been in early, middle or end of phase 2 but is in Phase 2 certainly. Ethereum broke yearly resistance and caught capital on the market. That coin has slowly climbed up in USDT value and in the past few weeks, it began to climb in BTC value.

The strong performance from Ethereum will make altcoin lovers get hyped. I don't know whether people see this restructures of capital on market but the capital has been switching from Bitcoin to Ethereum. Now, they are concentrated on large cap altcoins.

I am thinking that altcoin market is in the transitional time between end of Phase 2 and beginning of Phase 3. From Phase 3 to Phase 4, the altcoin market will be crazy and in Phase 4, shit altcoins will be pumped for no reasons. Pumps and dumps by tweets or AMAs from money-motivating influencers, KOLs.

Quite agree with this. First, it was Ethereum, then Doge. Yesterday, it was Chainlink and EOS. I lean more on phase 3 but clearly Ethereum isn't really cooled down. I think phase 4 will come soon, maybe just a few days ahead. The smaller the marketcap is, the easier it is for a coin to pump. Only a good piece of news relating to a nice partnership can trigger a 20-30% pump.

Large cap altcoins will have more stable and organic growths. Pumps and dumps are general price manipulation in altcoin market. Small cap altcoins will have less stable and un-organic growths. They can be pumped like they have rocket boosters but price will fall back quickly.

Pumps can be test pumps from pump signal groups and test pumps will occur in Lightning speed.

In phase 4, price of shit coin will be pumped x, not %.

I think now that we are in phase 4, the altcoin season has started before we even know it. which is my question, how long the altcoin season will run. will this last very long, or will there be a big bubble burst soon?. I'm still thinking hard about this. I don't want past events to happen again. that's why I have to know when I'm out, before it's too late.

We are in phase 3, as there are people believing in phase 2 and phase 4, so it is logical that we are indeed in phase 3.

The ETH is starting to get back in its shoe, and altcoins are coming up one by one, so it might be also the start of altcoin season (Phase 4)

Just in transitional phase (late of phase 2 and beginning of phase 3). It is not an important matter to know the market is officially in phase 3 or just late of phase 2. The importance is knowing that altcoin season is here and has been going further. It has yet ended and won't end soon.

Altcoin season began months ago, not yesterday not today. Basically, any season, bull or bear, of the market usually will start in doubt of the crowd. They (market participants) always doubt that will the market become bullish or bearish? When they ask such questions and in serious doubts, the market already jumps into a new season.

I think we are already in Phase 4. All alt already pumped. Even shitcoins pumping. BTC Dominance already at 45.58%. I think now it's time to conclude the Altseason. It's time for a rapid dump.

Large caps means majority of blue chips. I guess we're still at phase 2. Eth still on the path of new price discovery and obviously beating btc soon. When thus happened you surely feel that large caps will move fast like those are belong on the top 5 to 20 projects. Their marketcap can be 5 to 10x and eventually small micro projects will follow.

We are not in Phase 4, we are either in Phase 2 or we are transitioning to Phase3. I feel we have not yet entirely reached Phase 3 as Ethereum should anytime now start to outperform Bitcoin. It is a complicated situation at the moment, large-cap is not yet parabolic.The only unique thing about this alt season is that shit coins are outperforming everyone's expectation.

Personally I think we're still at around phase 2 and phase 3 gonna happen when there's EIP1559 at around july. Most of the capital more specifically from institutional ones still going to btc and the rest of the capital which amounts to small portion of the overall investment are going to altcoin.
Now the media also slowly started hyping up altcoin.

Maybe some of us think due to recent ethereum performance which surprisingly able to keep up its bullrun despite market correction thats happening in bitcoin as phase 3 but remember that we're just at the beginning when it comes to ethereum, the real deal gonna come in few months

I've seen that maybe two months ago during phase 1 overlap. Secrets himself/herself said that we are on phase 2-3 overlap with phase 3 getting closer and closer.

Here's another article that discusses the flow of money from Fiat to Btc to Alts - Crypto Money Flow Cycle (https://rektcapital.substack.com/p/crypto-money-flow-cycle)

https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a837209-ed0c-4f15-89b9-13427caadd80_1998x1512.png

^ It's a bit lengthy but it's worth a read. It was written last year and they probably did not take into account the WSB plays on coins like Doge and recent pump on Ethereum Classic.

One month ago, there were pumps of small cap and very tiny shit coins. They will be back at the end of altcoin season, phase 4. Those shit coins are easy to pump and dump but if you buy them at wrong time, you will have to wait very long to exit. Patience again will bring your price to exit, take draw or have very big profit.

If you don't have patience, don't choose tiny and small cap altcoins. They have very low volume and it is difficulty to accumulate or exit.

With tiny and small cap altcoins, invest with very few capital you have, not all.

We haven't seen shitcoins going to the moon yet, specially new ones, so I would say that we are still in Phase 2 of the altcoin season.

For me the final phase will be those shitcoins suddenly gets pump to who knows what price, in short there's no more control on the altcoin market. What I mean is that anyone can create a new shitcoin, market it in social media, then boom, skyrocketed to the moon.

I think we are not yet in phase 4. We should see shitcoins already pumped when that stage comes, but I doubt we will ever see that as the ICO craze is gone, investors would prefer to trade on an exchange with good volume, that's why low cap altcoins will never have a chance in this bullish run.

We are in the utimate stage already, we should not expect a new stage and from here, we should be careful as the market is now heavily pumped, expect the opposite side also which we called the correction.

I think we have passed phase 2 and 3 and have entered phase 4. Now that the altcoin season has started, I am very sure. looking at the market today has proven that. rising altcoins are not only big altcoins. almost all altcoins are taking part in the rally and that is what makes me sure.

Clearly we are in Phase 2 as ETH is outperforming BTC. Altcoin season isn't started yet I believe specially that BTC isn't in its lowest peak. Many factors are affecting the stable price of BTC in 55K+ but it will surpass its support price soon enough. I also believe that its coming near and Alts are next.

We are actually dealing in phase 2 at this time because market is witnessing ETH growth at this time as it touched it's ATH of $3500 outperforming Bitcoin in performance after Dogecoin.Bitcoin has traditionally grown 10-12% on average but Ethereum and Dogecoin have witnessed huge price gains with 300-400% rise.But at this time ETC is making all the news on all Exchanges as it is already trading at $128 on CoinMarketCap.After eth growth the prices for Ethereum Classic (ETC) have shown huge price surges.This is growth chart for ETC and you can.see how much jump it has made.


It was trading at $44 on 2nd May and now it is at$128 within 5 days period so just imagine the returns for ETC holders at this time.We are definitely in phase 2 and ready to enter 3rd phase which will push huge funds in market in other coins following btc and ETH rally.Just invest and be smart to gain profits in the long run.

Someone correct me if I'm wrong, what if bear e never come again? It seems there are millions of investors out there waiting for any price dips on crypto projects don't you think? Maybe crypto have leave that stage of deep bearish market?

bear will always occur in market,  i  am identify bear into two form. first micro bear which is price correction in small time frame below daily time frame. did we never this price correction ? ofcourse not, we see this everytime. and second macro correction that happen on above daily TF. so your opnion about bear should corrected now.

Well, technically speaking a bear will always come, it may not be as bad as it used to be but that is just market taking profit eventually. The idea is that if something goes up forever, that means it worths nothing, because if nobody sells that means there is no true value, it needs to go down to show that people are taking profit and leaving so that the market would feel more comfortable about it as well.

The higher it goes the less people who will feel comfortable about buying it and that eventually turns into a bear. Do not be worried though, I do not think it will come soon neither, it may take maybe a whole year before it happens, or maybe at least after we go into 2022 at least, so I am not worried neither. I believe we are on a good roll right now and we may end up going up like this in all coins for a long time and that is very exciting.

if we could identify those type of bear in any time frame, we will get money alot. traders with high skill in technical will able catch is as golden opportunity, accumulate profits from micro or major correction. maybe in only few days , we got more than 2x from our initial balance due this reason.

From recent price movements, it's obvious that we are in between phase 2 and 3. Ethereum has been outperforming BTC and money is flowing to altcoins. Now BTC market dominance has been falling and is now about 40%. This is really bullish for altcoins.

This order is not a guarantee that it will occur, but in any case if we consider the current situation, we are in phase 2. The situation may change suddenly as well. We haven't been to Altseason for some time. Some projects have already started to appreciate, but it's still far from being considered Altseason.

I'd say we're somewhere between phase 2 and phase 3.
ETH has been doing great, while BTC hasn't broken $60k in few weeks now

I think that the alts season will never going to be cease because there's a lot of good project in he market already caught investor's attention, and that is the way many will come and put and invest their money specially in NFT and swap projects.

I am not ready to believe into this kind of pre-determined way of altcoin seasons. Because, I'm not seeing any regular cyclic movements for most of the altcoins. For example, we have seen only moderate peaks for digecoins in 2017/2018 but this year, dogecoin is the leader for altcoin seasons. It means there cannot be any cyclic movement for triggering altcoins season. But it will happen on its own way when individual/group of devs decide about pumping or when whales to do so.

I am expecting most of the old yet somewhat established coins to be having good bull run this year. Some of the coins that I am personally expecting are waves/lisk/Tron/litecoin/dash/moenro/rdd/etn/xem/ada.

As what I've known, Altseason already started and will surely remain for a long period of time because of many potential coins that we can see in the crypto currency market. There are also many good projects that is very useful to many people which surely attracts more investors to invest in it.

Yes, it is. At least, the altcoins season can continue for this year, and hopefully, many altcoins will follow the other altcoins that already increases so we can make a big profit.

This year seems to be a time for crypto to rise as we see many big companies have an interest in crypto and invest in many coins besides bitcoin. It means the adoption is still going on and it will grow more than now in the future.

I am also waiting for that, so far I have started investing in coins that have not gone up significantly and haven't touched ath either, especially in the top coins. and even now companies have started to look at crypto and this is really good for the development of crypto. I will wait for the profits for the coins in the bag, I am sure the Altseason will be quite good this year

I am sure those coins will have the time to increase and make a new ATH. Maybe it will take longer than the other coins, but in this altcoins season, the chance for those coins to increase will be bigger than before. Yes, the companies already start investing in crypto to give more opportunities for crypto to grow and the mass adoption will run faster than in the last few years. Hopefully, we will make a big profit this year to recover our losses from a few years ago.

If this so, it's just meaning that the bull run will stay more time compare to previous bull runs we encountered.
This is also what I am thinking, the more Bitcoin will stay sideways and do pumps even not just high, we can be assured that this bull run will stay longer than we expected.
So, even how that altcoins will perform this bull run, for me, Bitcoin is still got the biggest role.

Projects are only good if they can rise when the market is down, bearish and Bitcoin is down, bearish. They can not do this, they fall together with Bitcoin, with bearish market and much deeper falls than Bitcoin.

In bull market, it is overwhelmed with potential and good projects. I am sorry to cryptocurrency developers but with my time in crypto market, I lose my belief in their promises that their projects bring tech revolution to us.

Bull market has to end and altcoin season as well.

Bitcoin is sideway and if it won't soar around the Bitcoin Pizza day, I think it will be sideway more time. It will bring good time for altcoin season to last longer.

for sure this year is a good chance to show their selfs! If some projects cant to develop now, they need to close this project, Market growing, people investing

That's impossible as altcoins season is just like bull run, they came unexpectedly but they will not stay forever or a long period of time. We should learn from our experience in the past, this is not new to us, as the market is hype, the bull run is happening but it's a sure thing that in the long run, it will dump due to correction.