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Author Topic: When Altseason ?  (Read 522 times)
MFahad
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May 16, 2021, 12:54:42 PM
 #61

I think what is happening right now is "alt season". The dominance of BTC is getting a serious hit but till when..? That is the question.. I think 40% will be a crucial resistance to cross and we might see some bleeding as we're seeing more red in Bitcoin too.

Bitcoin dominance may dip further to 35-36% but it will not move further down as per the historical data. This means that altcoin don't have much room to grow now and anytime we may see the bitcoin dominance increase which may temporary pause the altcoin season. Need to keep an eye on bitcoin dominance.









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tvplus006
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May 16, 2021, 12:57:50 PM
 #62

There will be recovery after the fall, don't worry if the altcoins are currently experiencing a downturn as the altcoin season is still not over. It is uncertain when the altcoin season ends but in the next few days or weeks there will be a recovery and it is still altcoin season. therefore, take the opportunity and enjoy the precious moment at this time

What I absolutely agree with is that you write that no one knows when the altcoin season will end. That is why every trader should be prepared for any scenario of market changes. And in the event of a further correction of bitcoin, he should use this opportunity to buy coins at a lower price.

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vabchgent
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May 16, 2021, 03:40:21 PM
 #63

There will be recovery after the fall, don't worry if the altcoins are currently experiencing a downturn as the altcoin season is still not over. It is uncertain when the altcoin season ends but in the next few days or weeks there will be a recovery and it is still altcoin season. therefore, take the opportunity and enjoy the precious moment at this time

What I absolutely agree with is that you write that no one knows when the altcoin season will end. That is why every trader should be prepared for any scenario of market changes. And in the event of a further correction of bitcoin, he should use this opportunity to buy coins at a lower price.

This time could also be very different and we will have pumps of single alt coins again and again so that the phase of anything pumping may never end again. Even if the market experiences a downturn there are so many greedy investors waiting for a pump that it should be quite simple to get something going.

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South Park
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May 18, 2021, 09:29:29 PM
 #64

Many are still waiting for the upcoming altcoin season, but we should also consider the situation that the altcoin season is already over. This will only be visible after a while, then it will be clearly visible that the coins have already reached their high and now their price is constantly decreasing.
We will need a few more days to know whether this is true or not, but it seems like the most sensible conclusion, after all the drop in the price that we saw was no joke and people are getting scared about what it is coming next and this is the perfect scenario for the whales to dump their coins, force people to lose their leveraged trades and get margin calls and create a chain reaction that makes the market to go down at an incredible speed.

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May 22, 2021, 08:26:24 PM
 #65

There will be a revival after the fall, don't panic if altcoins are currently on the decline. The altcoin season is still ongoing. It is unclear when the altcoin season will finish, but there will be a rebound in the coming days or weeks, because it is still altcoin season. As a result, seize the opportunity and savor this priceless moment.
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May 22, 2021, 08:56:30 PM
 #66

So many altcoins grew exponentially as BTC is growing So I think altseason started with BTC right now we had some huge dumps in the market and the hope is that it stop from there or it looks way bad to imagine I hope the market picks up and we might see some growth but I think altseason started long ago especially with the doge scenario

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