kannikaamudee (OP)
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December 20, 2019, 10:30:05 AM |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctk
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Kvalentine
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December 20, 2019, 10:41:39 AM |
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Not with current bitcoin value, if bitcoin is trading at a high price let's say 20k and it finds its bottom then dominance now shrink to where it is today then it's a good sign, remember that when bitcoin was trading at 19k in December 2017 some altcoins still shoot up to the sky too and when dominance decrease others start following in January 2018
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Darooghe
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December 20, 2019, 10:46:51 AM |
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In my opinion, you shouldn't fall into these delusions that Altcoins season has arrived or that anything else has to happen. just trade that thing and take advantage of the volatility. It doesn't matter if BTC dominance is 60% or 70% next. you can make profit anyways. trade instead of holding and keeping your fingers crossed that someday we will go to the moon. the moon boy mentality ain't good. It makes people blindly jump in on moves like the one when bitcoin jumped from $7,000 to $11,000 in 24h in October cause they FOMO in again and again believing that This Time we have to go to the moon. They want you to FOMO in and buy at the moment.
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Mighty_crypt
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December 20, 2019, 10:55:33 AM |
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Either holding or taking advantage of current condition they are both good for the entire crypto market, whales are controlling, weak hands are selling, it's all a part of it so whatever decisions we make is not entirely bad, it depends on what we actually want, i take advantage of the market sometimes and i am a holder too
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zhekinsp
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★777Coin.com★ Fun BTC Casino!
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December 20, 2019, 10:58:21 AM |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctkNothing positive is happening in the crypto space for the bull season to arrive, even the thing getting worse since price of bitcoin again fell down under $7000 very recently.Maybe bullish trend will arrive but what is going to act as catalyst to bring that?
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masterrex
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December 20, 2019, 11:58:27 AM |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctkI think that's impossible to happen for now! because instead of achieving a new highs, it was registering a new low's each day. that's why i believe that those so called alt season is just a plain speculation even the Bitcoin was experiencing the same fate at the moment so overall the cryptomarket is on the brink of another hardship like what happen in the late 2018. The upcoming year of 2020 is a rough and challenging year for the crypto industry.
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nicolas1979
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December 20, 2019, 12:05:12 PM |
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Yes we all have the same hope but the problem is depend on what, in the articles ( blog ) I only see optimist not calculation or deep analyze. We need more than optimist because many people already release their optimist but market still red, they give up empty hope. I'm not expert but depend my analyze using MACD ( monthly ) buy back can be done in middle 2020, in this time real market direction will comes up. If you have more than optimist let us know, it will help us because red market make us stress.
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Thomas-s
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December 20, 2019, 12:37:24 PM |
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I would really like to believe that now the time for altcoins will come, but also I see that in the near future bitcoin will fall again and when this happens that altcoins will not be able to stand at the same level and even more so they will not be able to raise their prices. now 90 percent of my money is in USDC and I expect when bitcoin reaches the mark of 5 thousand dollars to buy it
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ATSgrowth
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December 20, 2019, 12:39:46 PM |
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What we see now is fake breakout, do not be greed, price will again dump. Why I know this? Because charts never lie. So at first we need find the bottom then we can think about an altseason. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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mrdeposit
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December 20, 2019, 12:40:13 PM |
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Compared to prices before the last fall of the bitcoin, this increase is not enough. While ethereum's price was around $140 before the fall, now it is $128, but the price has increased by 2% in the last 24 hours. As if the market is cheating on us, there are always such small increases, but decrease interest is more active. Personally I cannot see a sign that the altseason is coming, altcoins can do better than that.
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Strongkored
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December 20, 2019, 01:53:22 PM |
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There have been many threads that talk about this altcoin season is coming all I know is christmast is coming and there will be lots of traders who are likely to withdraw their funds for the Christmas and new year party so the condition for altcoin will be able to go back down this month, because there will be many traders also who will likely choose to new years holidays.
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Xxmodded
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December 20, 2019, 02:07:26 PM |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctkBitcoin dominance in coin market cap still 68% and not chance for altcoin have higher price during bitcoin still with lower price, most than three years ago bitcoin keep dominance with bitcoin and have higher percent, need good information about country want accept altcoin as legal currency payment to bring back altcoin keep dominance on coin market cap and have higher price again.
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DaMut
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December 20, 2019, 02:08:34 PM |
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altseason will happen when everybody stops believing in it, on the other hand it will not happen when we are expecting it to happen. this is the logic, you do not know what will happen because the market is being controlled. they will not let you get an opportunity to do it, I have seen people claimed altseason is near based on their fundamental, technical analysis but in the end, nothing happened. just buy bitcoin and then sell it after the altseason starts, it is better to be late rather than get burned.
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Davian144
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December 20, 2019, 02:14:55 PM |
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Either holding or taking advantage of current condition they are both good for the entire crypto market, whales are controlling, weak hands are selling, it's all a part of it so whatever decisions we make is not entirely bad, it depends on what we actually want, i take advantage of the market sometimes and i am a holder too
The steps you take are extraordinary, and don't forget to make sure that what you are holding is really a good token or coin, because taking profits through the market is also not as easy as we imagine.
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ashmodeus
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December 20, 2019, 02:30:35 PM |
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no i guess , we know exactly what happen on altcoins right now , people has ignoring already mostly of altcoins. and back to bitcoin , we can see on the dominance of bitcoin,btc dominance means no space for altcoins for rising up. its a simple defenition i know.
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Onika84
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December 20, 2019, 02:30:53 PM |
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altseason will happen when everybody stops believing in it, on the other hand it will not happen when we are expecting it to happen. this is the logic, you do not know what will happen because the market is being controlled. they will not let you get an opportunity to do it, I have seen people claimed altseason is near based on their fundamental, technical analysis but in the end, nothing happened. just buy bitcoin and then sell it after the altseason starts, it is better to be late rather than get burned.
One thing that I know is that crypto is a freedom, no individual or organization controls it, including the price. we cannot deny that what is happening in the market is something controlling. If there is someone controlling it, it is very likely that we will see altseason soon, who knows when, I don't know.
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kodtycoon
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December 20, 2019, 02:31:07 PM |
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therefore we don't need to worry about the future of altcoins, because after all the season will come soon and believe it, big changes will happen soon. the market continues to fluctuate which indicates if demand and supply will continue to happen and when it continues then it means that interested people continue to grow and we should not be afraid of a large decline and a slow increase, because fast or slow growth is it sure
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nutriagrigia
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December 20, 2019, 02:37:53 PM |
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I have long been telling everyone that the altcoin season is very close. Moreover, I believe that it has already come because every day we see a large number of coins that increase in price by 40-50 percent and smart people use this time and earn very good money. This altcoin season will not be the same as in 2017.
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sorrros
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December 20, 2019, 02:48:03 PM |
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I would like to see the reason why are you talking about the upcoming altcoin season. Altcoins experience the worst time ever. For example Ethereum could be dumped with 800 000 coins from PlusToken scam.
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DarkDays
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December 20, 2019, 03:05:00 PM |
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Lol, I bet you're hoping that some of those altcoin traders will register on Kucoin—one of the exchanges known for hosting poor liquidity shitcoins that are liable to pump and dumps.
Any exchange with such a lax listing procedure should be boycotted, since a huge number of people lose their money due to investing in absolute trash coins that are newly listed on Kucoin.
And no, it's nowhere close to alt season, what part of losing 90-95% of value in the last 24 months makes you in any way, shape, or form bullish on altcoins? You would need to be seriously delusional to start investing in altcoins right now.
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