ANALYST: ALTCOIN SEASON has almost arrived

[Ferris419]

Again? Yes, it's again started that people are speculating for a better price jump in the altcoin market by end of the year! This type of prediction makes no sense, just some words from some over expert people! Sorry, if I sound rude, but this is true! I can't see any signal that can convince my mind about the altcoin season's arrival, all just speculate without following the trading chart! The altcoin market totally dependent on Bitcoin movements! If Bitcoin price starts jumping to a good high, then the altcoin season will come!

[longyenthanh]

Again? Yes, it's again started that people are speculating for a better price jump in the altcoin market by end of the year! This type of prediction makes no sense, just some words from some over expert people! Sorry, if I sound rude, but this is true! I can't see any signal that can convince my mind about the altcoin season's arrival, all just speculate without following the trading chart! The altcoin market totally dependent on Bitcoin movements! If Bitcoin price starts jumping to a good high, then the altcoin season will come!

How you don't see that Bitcoin price is growing from the beginning of the year? We are in the stabilization phase, so alt season can start in any moement, sam as bull run can come in any moment. Im not saying that this will start tomorrow, but market is stable now and prepared for fresh capital.

[Pelunize12]

<snip>

Sure, some claim that the altcoin season is about to come, others predict the death of most altcoins, and the third group has its own claims. Nobody knows anything for sure. Altcoins follow Bitcoin, and Bitcoin price does what it wants. That's about the gist of it.

yep, everyone has their own predictions. there is no wrong about that. and that's why we all here to discuss
we discuss about reason why they predict like that

btw, the article that OP showed us, using technical analysis. the chart already broke the resistance
but, im doubt if altseason can begin just because of that, breaking resistance is generic, alt needs more reason to trigger altseason


article which OP posted

Of course, all that we write here is just speculation and talking about our predictions.
It is true that there is still no super optimistic sentiment among investors, but I think we observe a calming down in the market, and that says that the next step should be price increases. In my opinion it is possible that the Alt season will start this year, but certainly not for all cryptocurrencies.

altseason is increasing price for almost all cryptocurrency, if not almost cryptocurrency, it isnt called as altseason.
beside that, bitcoin dominance must declines rapidly, so it leads to an increase of investment in the Altcoins and may lead to an AltSeason
so, i think there is no hope for this year, we have to be patience to wait more time

[alan2here]

Again? Yes, it's again started that people are speculating for a better price jump in the altcoin market by end of the year! This type of prediction makes no sense, just some words from some over expert people! Sorry, if I sound rude, but this is true! I can't see any signal that can convince my mind about the altcoin season's arrival, all just speculate without following the trading chart! The altcoin market totally dependent on Bitcoin movements! If Bitcoin price starts jumping to a good high, then the altcoin season will come!

Everyone has different predictions when talking about this issue and all should be watched for fun or can be ignored if you do not like. I do not have much opinion regarding this market but the altcoin season can happen at any time because the crypto market is considered to be a place with lots of big surprises. Now there are thousands of predictions regarding the altcoin season but I will analyze this market my way.

For me, the increase in Bitcoin will not help much for altcoin but it is a must for the best altcoin season. Of course, this market is all dependent on Bitcoin but this coin will reduce its dominance in 2020 so that other altcoins have a better chance of growth.

[Ziskinberg]

I think its too late for this year, I already accepted that there will be no more altcoin season this year, but instead I am just hopeful it will have next year.
There are big even next year which is the BTC halving, with that, I am expecting something that it will result to some market boost, not only for BTC but for altcoins as well.

Actually for many years I have been in crypto, I still find it hard to predict when the bullish season will come, so I just learn that i just have to believe and wait.

It is true that it is difficult to predict anything about the period in which the next bullrun will come, but that is why we cannot exclude the possibility that it will start this year, and with it the increase in prices of all altcoins.

I don't know why, but I have the impression that this time it is bullrun on altcoins can come a bit before bull run on Bitcoin ..

I am not against with your impression but I will stay realistic here based on the trend and based on my personal analysis.
Why I believe that altcoins season will arrived after BTC has its bull run is because ever since, its btc which is the most powerful coin in this market and if BTC is not performing, the whole market struggles, so I think its time for people to invest on BTC again, we will see some bull run and altcoins will follow.

however if my prediction is wrong, I will not complain if its Altcoins that will do the bull run then BTC will follow since it will still result to a good market.

[longyenthanh]

I think its too late for this year, I already accepted that there will be no more altcoin season this year, but instead I am just hopeful it will have next year.
There are big even next year which is the BTC halving, with that, I am expecting something that it will result to some market boost, not only for BTC but for altcoins as well.

Actually for many years I have been in crypto, I still find it hard to predict when the bullish season will come, so I just learn that i just have to believe and wait.

It is true that it is difficult to predict anything about the period in which the next bullrun will come, but that is why we cannot exclude the possibility that it will start this year, and with it the increase in prices of all altcoins.

I don't know why, but I have the impression that this time it is bullrun on altcoins can come a bit before bull run on Bitcoin ..

I am not against with your impression but I will stay realistic here based on the trend and based on my personal analysis.
Why I believe that altcoins season will arrived after BTC has its bull run is because ever since, its btc which is the most powerful coin in this market and if BTC is not performing, the whole market struggles, so I think its time for people to invest on BTC again, we will see some bull run and altcoins will follow.

however if my prediction is wrong, I will not complain if its Altcoins that will do the bull run then BTC will follow since it will still result to a good market.

Bitcoin has always been the first and probably this time it will be too. However, due to the fact that altcoins prices have fallen much more than the BTC price during the last bear market, they can react faster to positive market sentiment.

[puremage111]

Errrrrrrrrrr well although the sentiment has changed a little bit from super bearish into consolidation
Yet, we can't really prove that if the alts season will come

Most alts are still not able to break beyond their previous high
Thus, not the whole altcoin market will go up

[Mahanton]

Errrrrrrrrrr well although the sentiment has changed a little bit from super bearish into consolidation
Yet, we can't really prove that if the alts season will come

Most alts are still not able to break beyond their previous high
Thus, not the whole altcoin market will go up

Actually theres no one on this market can have those precise predictions yet they do already assume that there would be a flip out on just seeing some minimal changes.
Yes, we are already on a consolidation state compared on a very bearish market in previous years and month and thats already a good thing but we should not think off
overboard yet expectations and hopes does really hurt when crypto market would tend to break those things.For now, if you can handle up the risk then it isnt bad
to consider on purchasing some alts into its sideways movements.

[FanEagle]

Again? Yes, it's again started that people are speculating for a better price jump in the altcoin market by end of the year! This type of prediction makes no sense, just some words from some over expert people! Sorry, if I sound rude, but this is true! I can't see any signal that can convince my mind about the altcoin season's arrival, all just speculate without following the trading chart! The altcoin market totally dependent on Bitcoin movements! If Bitcoin price starts jumping to a good high, then the altcoin season will come!

We just have so many people that are trying to use speculation to drive the market of altcoin forward without them first looking at if we have any available factor that will take responsibility for this, and it is only an event that can call for the altcoins season which I don’t see any for now.

The Facebook Libra coin that I thought would have boosted the altcoins market is not being appreciated by the government, so they might actually not launch the project that we have all anticipated for. The only factor that I am considering causing the altcoin season to start is that of Ethereum 2.0. Since Ethereum has been the backbone of some of these projects, I expect the same Ethereum to do that magic this time around after the new upgrade has been done and released.

[poornamelessme]

The Facebook Libra coin that I thought would have boosted the altcoins market is not being appreciated by the government, so they might actually not launch the project that we have all anticipated for. The only factor that I am considering causing the altcoin season to start is that of Ethereum 2.0. Since Ethereum has been the backbone of some of these projects, I expect the same Ethereum to do that magic this time around after the new upgrade has been done and released.

Libra seemed to have the opposite reaction (when first announced), by boosting BTC, but smushing alts in the process. Early-mid summer and BTC and Alts were chugging along fine, hand in hand ... Libra announced, BTC goes nuts, Alts smushed.

But I agree, if altcoin season does come around again, ETH 2.0 could be a factor. Only problem is, isn't ETH 2.0 supposed to start rolling out (1st phase) like 2 months from now? You'd think there would be more hype or movement already. Then again, crypo has it's own weird sense of time ... maybe 2 weeks before the event is when prices start to move.

[MrSunshine]

Here we are 7 months away from the Bitcoin having, so I think sometime in the next 5 months there is going to be Bitcoin run-up near if not beyond its ATH. With that most alts will certainly go up. How much depends on how crazy that FOMO feeling gets, and the quality of the alt. It is hard to predict exactly when but I get that gut feeling we are going to see a big run, but probably not as crazy as 2017.

[Traderbtcc]

Here we are 7 months away from the Bitcoin having, so I think sometime in the next 5 months there is going to be Bitcoin run-up near if not beyond its ATH. With that most alts will certainly go up. How much depends on how crazy that FOMO feeling gets, and the quality of the alt. It is hard to predict exactly when but I get that gut feeling we are going to see a big run, but probably not as crazy as 2017.

I agree with you. Altcoins might not have the kinda fuel to make moves like it did in 2017 and if there's going to be moves, selected key alts will make the biggest moves. As for the price level for Bitcoin, I'm sure It'll exceed the all time high abd beyond. Bitcoin halving is a big deal. I expect the price to reflect that.

[Marckolind]

Altcoin season wont start before we reach next year, that's my prediction anyway. Bitcoin controls the market right now, and nobody wants to go into an altcoin right now, before a real bull market has been confirmed.
Once it happens though, I'm sure we'll see a lot of greedy people wanting to get in on the market again.
I predict DEX projects to be massive hits - We've seen more and more people actually caring about their privacy when trading. Pretty much sick of KYC forms, which makes no sense when you think about it.

I'm personally accumulating Blocknet coins, because I'm betting my money on a passive income stream from DEX fee's later down the road

[BartS]

I think its too late for this year, I already accepted that there will be no more altcoin season this year, but instead I am just hopeful it will have next year.
There are big even next year which is the BTC halving, with that, I am expecting something that it will result to some market boost, not only for BTC but for altcoins as well.

Actually for many years I have been in crypto, I still find it hard to predict when the bullish season will come, so I just learn that i just have to believe and wait.

And that is the only healthy posture, investors keep trying to anticipate when the altcoin season will start and for almost 2 years that has been a waste of time, wait until it happens and when it does then invest in altcoins.

If you do not let yourself by influenced by the fear of missing out then you can easily pull out some profits when it happens similar to what those that have been outside of the market did when bitcoin began to go up in value during this year.

[MrPiggles]

Errrrrrrrrrr well although the sentiment has changed a little bit from super bearish into consolidation
Yet, we can't really prove that if the alts season will come

Most alts are still not able to break beyond their previous high
Thus, not the whole altcoin market will go up

Actually theres no one on this market can have those precise predictions yet they do already assume that there would be a flip out on just seeing some minimal changes.
Yes, we are already on a consolidation state compared on a very bearish market in previous years and month and thats already a good thing but we should not think off
overboard yet expectations and hopes does really hurt when crypto market would tend to break those things.For now, if you can handle up the risk then it isnt bad
to consider on purchasing some alts into its sideways movements.

Every prediction in this market only view and not trusted because the risk can be very high if you choose to invest with them. I usually just analyze this market by myself and always make decisions when investing because if you have the knowledge, please take advantage of that to be safer in this market. In fact, the altcoin season is likely to happen in the near future but only for a short time as the uptrend is usually not stable in the long run.

[coin_1122]

Again? Yes, it's again started that people are speculating for a better price jump in the altcoin market by end of the year! This type of prediction makes no sense, just some words from some over expert people! Sorry, if I sound rude, but this is true! I can't see any signal that can convince my mind about the altcoin season's arrival, all just speculate without following the trading chart! The altcoin market totally dependent on Bitcoin movements! If Bitcoin price starts jumping to a good high, then the altcoin season will come!

How you don't see that Bitcoin price is growing from the beginning of the year? We are in the stabilization phase, so alt season can start in any moement, sam as bull run can come in any moment. Im not saying that this will start tomorrow, but market is stable now and prepared for fresh capital.

Yes, you are right market seems to be stable, which we might see any movement in the price of altcoin will surely increase in the market. The price of Bitcoin is fluctuating, which seems to be very tough to predict, maybe it will take some time to recover the altcoin market. We have to wait and see.

[poornamelessme]

Here we are 7 months away from the Bitcoin having, so I think sometime in the next 5 months there is going to be Bitcoin run-up near if not beyond its ATH. With that most alts will certainly go up. How much depends on how crazy that FOMO feeling gets, and the quality of the alt. It is hard to predict exactly when but I get that gut feeling we are going to see a big run, but probably not as crazy as 2017.

I agree with you. Altcoins might not have the kinda fuel to make moves like it did in 2017 and if there's going to be moves, selected key alts will make the biggest moves. As for the price level for Bitcoin, I'm sure It'll exceed the all time high abd beyond. Bitcoin halving is a big deal. I expect the price to reflect that.

I expect an altseason, if it occurs, to be much more selective as well. Perhaps top 100-200ish coins increase somewhat, but it'll only probably be a handful of alts that really provide decent returns.

And I too think BTC will eventually exceed its ATH, although I'm not so certain it'll occur when the halvening does.. or a least I don't think it'll far exceed it. If going by past history, BTC may get close to or nudge slightly beyond ATH, fall back a bit, and we may need to wait a year or so for it to really take off. It also wouldn't surprise me in the least if we see BTC do what LTC recently did with its halvening -- BTC increases, possibly between 10-20K, but 2 or so months before the actual halvening date. Then it does the dump thing before the event, meaning prices had gotten baked in early.

[Darooghe]

ANALYST: ALTCOIN SEASON has almost arrived
Again? Market's in upward trend this year but who to believe and what would you consider as a proved indicator?

https://beincrypto.com/altseason-has-almost-arrived-for-altcoins-according-to-analyst/?utm_source=reddit&utm_medium=social&utm_campaign=cryptocurrency&utm_content=ff

I think you can not apply any kind of analysis on the crypto markets, even traditional markets are random and near impossible to predict, and crypto is much more volatile and easier to manipulate. however there are patterns in the chaos, it looks to me like we still have quite a few more months of sideways trading before we see any confirmation for next altcoin season. If we go back and we consider the chart "bottom" beginning of 2015, we didn't see a confirmed breakout till 2016. So we will be waiting for 2020. also remember the catalyst for the 2017 bull-run was insane levels of retail FOMO which was obvious from all the mainstream attention crypto was receiving, and it was advertised all over the place. In my opinion we never see like that again.

[yurez]

Again? Market's in upward trend this year but who to believe and what would you consider as a proved indicator?

https://beincrypto.com/altseason-has-almost-arrived-for-altcoins-according-to-analyst/?utm_source=reddit&utm_medium=social&utm_campaign=cryptocurrency&utm_content=ff

I see on the chart that the altcoin season will begin no earlier than February 2020.  The problem is that technical analysis does not work in the cryptocurrency market, since it has a high percentage of manipulations.

[htsy585]

Analysts have been predicting an auction season for a while now.  Although I remain optimistic as I have a rather substantial altcoin holding,  I do think the auction season may take longer to manifest than is projected as a result of this unpredictable price action with BTC.

My problem with analysts is there over smartness in giving open ended predictions without time frame and thus limit. It is as good as someone with basic economics knowledge saying that bitcoin will get back to 20k usd which is pretty much like a fact with all the news of adoption happening lately