Analysts announce the start of altcoin season

[jack wira]

In my opinion, the analysis carried out by the pseudonymized Twitter analyst is very reasonable and in line with the current market situation, because it has become a trend if the price of BTC goes up, then without being commanded some Altcoins will also rise slowly, and so too  on the contrary, and what is clear is that every movement or decrease in crypto prices will always follow the journey of bitcoin, bro.

[oemar bakrie]

everything gives the best possible,, because the economy is starting to be in a safe point, and altcoins are starting to show a very good movement at that time we must be confident when we will look for more profits..

[Silberman]

The surge in altcoins has led many traders to forecast the dawn of a new altcoin season. According to "The Moon" a pseudonymous Twitter analyst, altcoin seasons follow a major run-up in the price of BTC, especially when the price stalls or pulls back.

It is too soon for that to happen, the price of bitcoin has recovered but it is still not enough to produce the hype that you are looking for and the increase in the price of altcoins you want to see, let bitcoin works its magic, I really think that by the end of the year a price of bitcoin of 100k is within reach, and if anything I am being conservative in my prediction, as I think the price of bitcoin will go much higher and that is the moment altcoins will begin to go up in a significant way.

[bitkanu]

The altcoin season will be coming after bitcoin. This is a common thing that happened since altcoin has become a popular crypto after bitcoin. People known this as a classic pattern of altcoin.
Some altcoins already made hundreds percents of increase while the bad altcoins will stay at the same level as people didn't interested to buy such coin.

I personally would not call that as an analyst but trader much better rather than analyst. This trend is always happening anytime once bitcoin started to be pumped by the whales.
There will be no more bulltrap and some institutions already started to adopt cryptocurrency right now.

This must become the early journey for bitcoin. The golden time for bitcoin will begin

[poodle63]

everything gives the best possible,, because the economy is starting to be in a safe point, and altcoins are starting to show a very good movement at that time we must be confident when we will look for more profits..

Right now the pandemic has decreased slowly and after that the economy will be recovering back again and maybe that can be the start of altcoin season but we don't know for sure. But if the economy is recovering not only altcoin but other thing like stocks maybe will become better or having better condition in the future. Probably that's why many think bearish market will end once everything become normal.

[the ghabbar]

Altcoin season officially underway as Hiverterminal Token soars 100% today 

This month is a miracle in investing, altcoins can provide good value, almost everything looks perfect in the market, even all the altcoins we have today are very valuable, if Hiverterminal Token continues and continues to soar, then this year will be a very interesting year for all cryptocurrency lovers, we haven't experienced this for so long in 2 years until today, hopefully this year will be a very perfect year for everyone to invest.

[the ghabbar]

In my opinion, the analysis carried out by the pseudonymized Twitter analyst is very reasonable and in line with the current market situation, because it has become a trend if the price of BTC goes up, then without being commanded some Altcoins will also rise slowly, and so too  on the contrary, and what is clear is that every movement or decrease in crypto prices will always follow the journey of bitcoin, bro.

The point is bitcoin can have an impact on all altcoins, both in good condition and not, a lot of analysis is done by people today, almost all of them are correct and on target. Current market conditions also affect people's actions in making purchases, coupled with many experts who predict this based on trusted sources and references, so that people make very right decisions.

[kak uli]

The surge in altcoins has led many traders to forecast the dawn of a new altcoin season. According to "The Moon" a pseudonymous Twitter analyst, altcoin seasons follow a major run-up in the price of BTC, especially when the price stalls or pulls back.

Reference

I think the analysis of "The Moon" is very true and many people say so, where the price of bitcoin soars higher then altcoins will follow the bitcoin trend so many think that altcoins follow the movement of bitcoin. whereas on the other hand, altcoins have significant movements because they depend on market demand.

[tvplus006]

If the price of bitcoin increases then altcoins will definitely follow the flow of bitcoin this we have often seen, for now the price of all coins increases and we do not know whether this will last a long time or only be temporary, then to make an investment in the short term is certainly very good because we will benefit even though this is very limited, If bitcoin's growth continues to occur then altcoins will surely follow suit.

An increase in the price of altcoins following an increase in the price of BTC is not a sign of the altcoin season. It is very important that in addition to the growth of the price of altcoins against the dollar, there should also be an increase in the price of altcoins against bitcoin. And this can happen only after the BTC dominance decreases.

[aylabadia05]

If the price of bitcoin increases then altcoins will definitely follow the flow of bitcoin this we have often seen, for now the price of all coins increases and we do not know whether this will last a long time or only be temporary, then to make an investment in the short term is certainly very good because we will benefit even though this is very limited, If bitcoin's growth continues to occur then altcoins will surely follow suit.

Short-term activities are not necessarily appropriate in my opinion because there are several things to consider. Investments in the short term are very vulnerable to losses because it takes a lot of time to always control the price movement of coins in a matter of minutes. If you are late, there is a high possibility that you will get a loss. Moreover, the current market conditions for almost all coins are rising in price, of course it is not the right time to buy in my opinion.

[Silberman]

If the price of bitcoin increases then altcoins will definitely follow the flow of bitcoin this we have often seen, for now the price of all coins increases and we do not know whether this will last a long time or only be temporary, then to make an investment in the short term is certainly very good because we will benefit even though this is very limited, If bitcoin's growth continues to occur then altcoins will surely follow suit.

An increase in the price of altcoins following an increase in the price of BTC is not a sign of the altcoin season. It is very important that in addition to the growth of the price of altcoins against the dollar, there should also be an increase in the price of altcoins against bitcoin. And this can happen only after the BTC dominance decreases.

Exactly, that is precisely what an altcoin season means, if altcoins go up in price but they maintain their price against bitcoin or they lose ground then this is not an altcoin season and we can say that altcoins are just being dragged by the bitcoin growth that they are experiencing and nothing more, however if altcoins begin to eat away some of the market share of bitcoin and begin to diminish its dominance in a consistent way then that is when we can begin to talk about an altcoin season.

[kak uli]

If the price of bitcoin increases then altcoins will definitely follow the flow of bitcoin this we have often seen, for now the price of all coins increases and we do not know whether this will last a long time or only be temporary, then to make an investment in the short term is certainly very good because we will benefit even though this is very limited, If bitcoin's growth continues to occur then altcoins will surely follow suit.

What you say is true, but it is also necessary to understand that market demand is also very influential in the movement of an altcoin, because if altcoins have no demand in the market then altcoins are nothing even though bitcoin continues to soar higher. then I think the increase in the price of altcoins really depends on market demand

[RussianEnglishTranslation]

We saw funds move from ADA into Cardano and now they are moving into FTM, Celo, and NEAR protocol.

[Bollexz1]

Sorry I don't seem to understand the depiction of your image. I mean what altcoin specifically does the graph represent?. In regard to altcoin season, I think that normally happens when bitcoin increases with stability and I think we're currently on.

[TheMimic1]

Haven't we have enough alt seasons already? If this is true then we should all be prepared for what's coming next after a New ATH, bears will become stronger and many coins will lose value, though there's been a new difference in crypto history, it's like many investors are willing to hold and keep buying as well

[trauchot]

The altcoin season has been going on already very long time, we have all seen to what heights various altcoins have grown, and I think that the altcoin season is still not over, and most likely, at least until the end of this year, another rise of altcoins is expected, so we should carefully monitor the cryptocurrency market, because in any the moment a big pump of altcoins may begin, but of course we shouldn't trust any experts and analysts, since they get money for this and they too often make mistakes in their forecasts, and because of this, people who invest according to these forecasts very suffer.

[Mkmanik]

Altcoin season started a long time ago mate. Most of the top-rated coins pumped a lot, now all of the coins showing growth. Today when I scrolling Twitter, Most of the traders talking about alt season. They are very bullish on altcoins right now.
If you check coinmaretcap last 3 months' data, you can see most of the coin made huge pump. We also see that meme coins pump like crazy, also it is the season of the NFT marketplace. So there is no doubt that the Altcoin season started.

[odukoyaewatomi27]

From the chart that you have posted using the ascending triangle technical tool, it signals a breakout to the lower side and a retest of the trendline, based on the technical analysis concepts, this looks like a signal to sell the cryptocurrency because a bearish sell power indicates lower prices to come

[Sayeds56]

yes, I agree with you but, I alone cannot understand why these guys are still shilling all sorts of shitcoins related to the dogs/frogs/kwoks, but at the same time they ignore the current problems and how other projects solve them? I think Bondex is very underestimated in this regard. Check it out.

Shit coins like Doge and Shiba Inu are in Media all over world becuase they are driven by huge whale like Elon Musk whose tweets drive their price to sky high despite the fact that fundamentally these coins are very weak. Talking about the start of Alt coin boom, I think it is too early  to expect rally in alts until we see Bitcoin breaking its all time high record and staying their for sometime will bring down the Bitcoin Dominance Index and the money will start flowing towards Alts and trigger a huge rally.

[TheGreatPython]

Shit coins like Doge and Shiba Inu are in Media all over world becuase they are driven by huge whale like Elon Musk whose tweets drive their price to sky high despite the fact that fundamentally these coins are very weak. Talking about the start of Alt coin boom, I think it is too early  to expect rally in alts until we see Bitcoin breaking its all time high record and staying their for sometime will bring down the Bitcoin Dominance Index and the money will start flowing towards Alts and trigger a huge rally.

As of now, we have some hype which is just because of few shit coins which are working good for few whales and many newbies feeling it's good for altcoins just because of this many peoples also predicting and analyzing which is growing this hype but real investors and crypto community is not having any solid reaction about this all because they understand what is going on and how is this going to be ended.

If any one going for investing then surely he needs to do some good research and then invest because investing in meme coins is never been good idea for anyone, hopefully newbies will also never try with these shits.