Does Altcoin season started again?

[apa don]

If I see market developments getting better, maybe it will be an indicator of the start of a new era, I myself will monitor it first in the future, and not in a hurry to expect a big increase.

Yes, that's true, a few weeks ago I saw the development of altcoins was very normal in the crypto market asset.
however, we have to be patient in this one week, because the recovery of altcoins is usually more than a month in the crypto market assets.
therefore do not take the wrong step in investing in the long term.

[vabchgent]

It may or may not, but I still think about the possibility of altcoin recovery in the near term. The current signs are showing the preparation for something, I think it will be seen in the near future, the NFT game is creating a fever and is also one of the influencing factors to let people return to the market.

Alt coin recovery sounds like you think that the whole spectrum of alt coins will bounce back, but that thought neglects the fact that most of the alt coins are simply doomed because they are not worth anything as they don't offer anything special to their users. They are just empty shells created to once be used for pump and dump and that's it.

[lumierre]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

In my point of view, that news really can become a trigger for a new bull run. Nevertheless, I saw today that Jeff Bezos denied the rumour about Amazon and Bitcoin. But Bitcoin hasn't fallen down, so I don't even know what news I can trust.
Talking about altcoins, I don't think that it is time for them now. To my mind all money is not in promising altcoins now, but just in NFT gaming.

[Cornia]

Altcoin market is very volatile. I am very confused about the current market condition. ETH is called the king of altcoins. ETH prices are going up and down between $ 1700 - - 2400. When the price of ETH drops to $ 1700, it seems that the market will not rise again. And when it rises to $ 2300 it feels like the altseason has started again.

[lablab03]

Not yet bro and those pumps in the market that we saw is just because of bitcoin after the sudden increased, maybe as of now market still not ready and of course including altcoins coz they're very affected on bitcoin situation especially right now in my view that there are some reason again that makes bitcoin price fluctuate and suddenly makes the entire market turn to red again. Let's just hope thar after these there's a bullish because it's been long time.. 

[Insomnia family]

for me, take advantage of the market situation as well as possible, especially when I hear positive news bitcoin will increase again whether it's today, tomorrow or the next few weeks and so on. so prepare funds and start increasing investment with only top coins. Usually Hype from Elon Musk and also positive BTC news can sometimes have a Positive impact on other altcoins too.

[imamusma]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

Reading the news is indeed very necessary and mandatory now, but you also have to re-analyze it after reading it because often what is written in the news does not happen in the market so that it makes some people confused, so don't influence yourself through the news you read every day.

[CryptopreneurBrainboss]

It may or may not, but I still think about the possibility of altcoin recovery in the near term. The current signs are showing the preparation for something, I think it will be seen in the near future, the NFT game is creating a fever and is also one of the influencing factors to let people return to the market.

Trends like that only proposed one thing and that's the market is about to recover, the NFT games hype is begining to kickoff and it'll be at the front head of this next market bull season. Bitcoin is showing stronger recovery pattern, it's now trading at $38,000+ market price which is positive compared to it trading value few weeks back which saw it struggling to hold the support of $30,000. Before anything begins to happen in the altcoins market, that of Bitcoin has to be looking promising and already we're beginning to observe that.

Recently there have been more positive news regarding Bitcoin and the market has been responding positively unlike previously were both the bad and good news had negative effect on the market because the market was in a bearish state. The altcoins season will likely start in the fourth quarter of the years as that's when the next cycle of the bull market is likely to occur before we start seeing some disturbing selloff as it happened in 2017 leading to the bearish market we experienced on 2018.

These next altcoins season would as well follow the patterns of previous altcoins season as the high market capitalization coins will tend to raise first following Bitcoin successful increase in price then the low cal coins will beginning enjoining inflow if money. You should start preparing now as this might happen unexpectedly.

[cricketkhampion]

Yes, of course, because Elon Musk said that Tesla likely accepted BitCoin if BTC will pump then other altcoins will automatically recover. And some people are saying that Amazone will also accept BTC  

[Baihaki Khaizan]

since the last few years there has been so much news about cryptocurrencies, I saw when the price of bitcoin and other altcoins began to skyrocket in 2018, negative issues circulated about cryptocurrencies that made their value sink, and I also saw that there were some positive issues related to currency development  although crypto is not so dominant that it also affects the market, so basically we have to be smart in managing issues and stay consistent with our belief in the future of crypto, I am so sure if the world's big companies are involved then the crypto market will set a new record.

[dndfinance]

Hello there,

What do you think about the altcoin season in summer and autumn?

There are a lot of factors telling us that BTC will grow much higher according to the fresh news:

Amazon,
Google,
Facebook
Tesla.


And a lot of other positive news for crypto.

Nevertheless this market is so speculative and unpredictable!

maybe you could give me your piece of advice and share your opinion about a situation on the market?

It doesn’t matter. Time in the market is better than timing the market.

[lumeire]

The news that is happening right now is about Elon Musk being interested in promoting about crypto. I think this is very good news for all of us, especially crypto enthusiasts in investing and of course with this news it is something we are really looking forward to how the crypto market will turn out. I sincerely hope for a miracle to increase the market price of bitcoin and altcoins, and may this be to the benefit of all of us.

Elon Musk was also promoting cryptocurrencies in the past few months as well and since he became an influencer in the crypto world, there have been a few incidences where the market pumped and dumped just because of his tweets and he also knew that very well.

He knew that people value and trust his opinion and took advantage of it by pumping bitcoin and doge coin and later on dumping Bitcoins at its peak price.

[capcaypro]

for now maybe the positive trend continues but I think this trend is only temporary considering the positive news happened and the impact of jack dorsey and elon some time ago made the trend even more positive.
but you have to stay alert this could be temporary because we know the bear market is still happening even though many people have said that the bull run has arrived, but in fact the market is still very difficult to regulate and its movements are still very difficult to predict.
positive thinking is very good but you have to be careful

[magnum cyber]

Honestly, I personally also follow the latest updates about Influencers like ElonMusk and I think most crypto fans and investors also take advantage of the Hype from Elonmusk. for me this will not be a problem, the main thing is not to fully trust it and don't forget to research it again before putting money into crypto or other hype projects.

[livingfree]

The Amazon news was broken by Amazon itself.

They've broken the rumor and says that they're not going to accept crypto but that's also possibly that they're not going to say anything that's been planned well.

But for now, there's no Amazon and bitcoin integration.

[BigRasputin]

I definitely don't think so. Yes, short-term profitability can be achieved, but when BTC is at this level, I don't think altcoins will be as profitable as they used to be. I believe that these levels create a good buying opportunity, it is always good to buy and wait. HODL!

[MSN02]

Altcoin season starts when Bitcoin starts booming again. It’s hard to say when this will start, but I believe we will have another crash before ATH are reached. I’m personally in the game for the long term and have my money in projects that I believe will be here for mass adoption. Many projects will fail in the next couple of years, so it’s very important to do your research and find the best projects. Although I will take profits at ATH, I’m a long term hodler. My favorite project right now is NEAR. NEAR just has so much to offer, it has cheap and easy NFT markets, bridges, Web 3.0, it’s carbon Neutral, it’s decentralized and more. There are also many ways to earn passive incomes and start side hustles. NEAR is ready for mass adoption and will be here in the future. If you haven’t heard about it I recommend doing some research on it and forming your own opinion, but I think that you will love it just as much as I do.

[robattfield]

It may or may not, but I still think about the possibility of altcoin recovery in the near term. The current signs are showing the preparation for something, I think it will be seen in the near future, the NFT game is creating a fever and is also one of the influencing factors to let people return to the market.

Alt coin recovery sounds like you think that the whole spectrum of alt coins will bounce back, but that thought neglects the fact that most of the alt coins are simply doomed because they are not worth anything as they don't offer anything special to their users. They are just empty shells created to once be used for pump and dump and that's it.

So what ?
You can lose your trust in those altcoins, me too. But what we're talking about here is a market rally, and the ongoing signs allow us to believe in it. And time will tell, this question, totally agree with you that not all altcoins create value, and they are just completely pumped. And those projects are not all altcoins, just bad cases, what we are aiming for are transparent projects that are serious and easy to operate and develop.

[bluebit25]

What we are seeing is indicative of a growth spurt. But I still haven't seen many altcoins recovering from falling too deeply, maybe they are also NFT game projects. Perhaps it will take some more reasons coming up for us to know if the trend is going to work or not.

For now the market is a little difficult to predict. Even I still can't say that the alt season will start again. Because, currently, most of those coins gettingPump are still limited to coins related to NFT and Games. So, it is still difficult to say whether this is a sign of positive sentiment for altcoins as a whole or not.

I am still looking forward to the upcoming positive news that can impact and help it to rise, maybe when bitcoin breaks through resistance more people will believe and return to the market. But anyway, we have made a profit if we bought and held the coins that have fallen in price and held them.

[Xinarae*]

The market is not stable so it is very difficult to predict but now the market must move forward believing that no matter which way it goes. The prices of the currencies have fallen so much that those who invest now will hold on, the future will be brighter if the prices of the next currencies rise it is difficult to predict how far the NFT will go in this project. If the demand in the market is high then it will rise very soon market research is needed to determine the depth of altcoin.