Silberman
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October 21, 2021, 10:14:26 PM |
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Bitcoin dominance is your friend here. Observing carefully how Bitcoin dominance move is extremely good to spot when will the alt season. Look at these days, Bitcoin is pumping too hard but most altcoins are not, that's the power of Bitcoin when pumping sometimes. Another scenario to observe is when, Bitcoin pump = alts pump (or Bitcoin pump = alts dump) Bitcoin sideways = alts dump Bitcoin dump = alts dump
This is the correct way to go about it, if someone wants to take advantage of the exchange rates of altcoins to get more bitcoin in return then the bitcoin dominance is the chart they should watch, when the bitcoin dominance is high then it is a good idea to hold bitcoin and just hold it, however whenever a sudden drop happens then that could be a sign of an altcoin season and this means it is time to move to altcoins hoping they pump faster than bitcoin so after some months you can once again go back to bitcoin but you can now buy a lot more than what you originally had.
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harizen
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October 21, 2021, 11:05:49 PM |
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Usually Bitcoin significantly pulls up the alts at some key level. What do you think will be the level this time?
Would be curious to hear opinions!
That's a thing you can't determine accurately or even at close. As always, altcoin's behavior varies whatever the bitcoin trend is. Try to study the market history where most altcoins are reacting to either bitcoin dominance or during a bear market. Past performance can't guarantee future results but it's a better reference compared to nothing. From there, you can now create your own speculation.
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bhooscream
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October 21, 2021, 11:55:04 PM |
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In my humble opinion, when Bitcoin price can surpass $70k, there will be huge hype in crypto market. I guess most people will be optimistic that the price of Bitcoin to go to $100k if it can prove to break $70k. It is probably the momentum of altcoins to skyrocket because many people may follow FOMO. There will be a significant increase in demands, people don't want to miss the chance to buy before the final huge bullish.
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Hippocrypto
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October 22, 2021, 12:33:26 AM |
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Hi guys
Usually Bitcoin significantly pulls up the alts at some key level. What do you think will be the level this time?
Would be curious to hear opinions!
Best, Peter
I don't think it will depend on price, it depends on how market or charts end up forming up. Normally when Bitcoin price goes up, altcoins will goes up as well. If we look at the past, we can see alts follow BTC after some time. But, we can't predict what will going to happen in the future or else the next day, all we have to do is to stay updated and learn for all your experiences.
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redsun114
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October 22, 2021, 05:46:03 PM |
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This is a type of thing that happens randomly, there is nothing like a particular price when bitcoin will pull up altcoins, nah there is nothing like that. During the last trend when bitcoin first reached $60,000, altcoins like Ethereum also increased in price and a lot of them reached their new all time high.
The same thing also repeated recently that bitcoin started being bullish, Ethereum increased and crossed $4000 again and some other coins also increased in price. You can’t tell when it happens, it’s just random thing, but it happens every time that bitcoin is increasing in price, altcoins that their prices correlates with bitcoin will also increase.
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DarkDays
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October 22, 2021, 06:14:00 PM |
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Hi guys
Usually Bitcoin significantly pulls up the alts at some key level. What do you think will be the level this time?
Would be curious to hear opinions!
Best, Peter
Yh, after BTC alts have had the history to pump like mad. As for when we may start seeing this, I think there's two possible scenarios 1) have BTC stabilise around a central price or 2) have it pump to ATH and stay there for sometime. To me it feels like a 65K is a good region for this to happen.
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Viscore
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October 22, 2021, 11:45:00 PM |
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This is a type of thing that happens randomly, there is nothing like a particular price when bitcoin will pull up altcoins, nah there is nothing like that. During the last trend when bitcoin first reached $60,000, altcoins like Ethereum also increased in price and a lot of them reached their new all time high.
The same thing also repeated recently that bitcoin started being bullish, Ethereum increased and crossed $4000 again and some other coins also increased in price. You can’t tell when it happens, it’s just random thing, but it happens every time that bitcoin is increasing in price, altcoins that their prices correlates with bitcoin will also increase.
Its still following the same pattern as before. When bitcoin is almost reaching its new heights, ethereum too is seen to have a good price increase pushing through to its new ATH. And once they're both bullish, most of the altcoins will start gaining positive price increase too that may lead to their altcoins season once there is no any negative reactions from the market. I think its not really on the price that bitcoin start influencing altcoins. Regardless of the price, as long as we start seeing bitcoin becoming bullish, then it all follows that altcoins too will be hyped by bitcoin. Only then we can witness altcoins season is about to start.
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bamb
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October 24, 2021, 11:23:32 AM |
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I think most altcoin are trading at their all time high, it is important to understand that altcoin have rose tremendiously since the beginning of the year. We might see new ATH which I believe will not be far from previous one, but to think altcoin will record 1000% rise again this year will not be realistic!
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Betaj00
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October 24, 2021, 03:58:12 PM |
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Two day ago Bitcoin already create a new all time high and crossed his previous all time high price. This alt season we can expect something big in Bitcoin price, this altseason bitcoin will $80k-100k, it is not my own opinion, it is experts opinion.
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pawanjain
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October 24, 2021, 04:10:20 PM |
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I think the current trend is favoring both bitcoin and the altcoins. Bitcoin just hit an ATH of $67k and dropped to $60k. The altcoins have also gained a little traction when bitcoin started to drop and I can see that many altcoins have pumped and settled on to a specific price. The same cycle might repeat again now. So may be this season is not only for bitcoin but altcoins as well. We have seen many times that bitcoin and altcoins grow together and this might be one similar trend.
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Marlo798676
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October 24, 2021, 05:26:16 PM Merited by Unbunplease (1) |
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Yes I think alts will go up as soon as bitcoin stables at one point. Right now bitcoin is not stabling at one place, so right now I don't think there is going to be such a big rally of alts. But we can predict after 15th of November that time will be good for Alt and will make a lot of people rich in that rally. Shiba is one of these exceptions that is constantly rising, that too because of a rumor that it will be the first meme coin to be listed in Robinhood. Means that Shiba is risen up because of a news.
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freedomgo
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October 24, 2021, 06:24:14 PM |
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I think the current trend is favoring both bitcoin and the altcoins. Bitcoin just hit an ATH of $67k and dropped to $60k. The altcoins have also gained a little traction when bitcoin started to drop and I can see that many altcoins have pumped and settled on to a specific price. The same cycle might repeat again now. So may be this season is not only for bitcoin but altcoins as well. We have seen many times that bitcoin and altcoins grow together and this might be one similar trend.
Its just the similar trend we have before and i think history might always repeat itself. Now that bitcoin is in a high surge, we can see that most of the potential altcoins too are also in good shape. Even meme coins are also doing good as long as they are hyped, and once the hype is over, its value will certainly return to its low value. However, when we see bitcoin experienced its price drops, eventually altcoins follow the same path. So maybe with today's trend, both bitcoin and altcoins are having a good collaboration.
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taufik123
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October 24, 2021, 08:11:32 PM |
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Its just the similar trend we have before and i think history might always repeat itself. Now that bitcoin is in a high surge, we can see that most of the potential altcoins too are also in good shape. Even meme coins are also doing good as long as they are hyped, and once the hype is over, its value will certainly return to its low value.
However, when we see bitcoin experienced its price drops, eventually altcoins follow the same path. So maybe with today's trend, both bitcoin and altcoins are having a good collaboration.
Repeated trends may occur, because everything has been arranged in such a way by groups of whales. With bitcoin prices continuing to soar and being able to reach new ATH, of course some altcoins will follow suit, but when single bitcoin rallies, altcoins will experience a decline. The exact time when the alt season will occur is when the bitcoin price is sideways, and this is a golden opportunity for altcoins to reach their highest prices.
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Silberman
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October 24, 2021, 08:34:07 PM |
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This is a type of thing that happens randomly, there is nothing like a particular price when bitcoin will pull up altcoins, nah there is nothing like that. During the last trend when bitcoin first reached $60,000, altcoins like Ethereum also increased in price and a lot of them reached their new all time high.
The same thing also repeated recently that bitcoin started being bullish, Ethereum increased and crossed $4000 again and some other coins also increased in price. You can’t tell when it happens, it’s just random thing, but it happens every time that bitcoin is increasing in price, altcoins that their prices correlates with bitcoin will also increase.
Its still following the same pattern as before. When bitcoin is almost reaching its new heights, ethereum too is seen to have a good price increase pushing through to its new ATH. And once they're both bullish, most of the altcoins will start gaining positive price increase too that may lead to their altcoins season once there is no any negative reactions from the market. I think its not really on the price that bitcoin start influencing altcoins. Regardless of the price, as long as we start seeing bitcoin becoming bullish, then it all follows that altcoins too will be hyped by bitcoin. Only then we can witness altcoins season is about to start. This is pretty much the pattern that we see repeating itself over and over again, the first one to pump is bitcoin but then some kind of limit is reached and then investors move their money to other important coins like ethereum and the binance coin, then after those coins also reach a limit to their growth that is when people begin to concentrate in lesser known altcoins, and when that happens you know we are close to the end of the bull run as now the market is running on hype alone and that cannot be maintained for long.
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Woodie
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October 24, 2021, 08:37:19 PM |
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I thought the moment everyone is talking of a bullish bitcoin then automatically 85% of altcoins usually follow this trend to ride the wave of bullishness and not really tied to specific price of BTC as news could also trigger the price move and if I can recall when we where below $60k we all were waiting for the crossover and once this happened it was a bull run for most if not went bullish but the last couple of hours price looks to have gone done slightly which shows we might be going down:(
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jossiel
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October 24, 2021, 09:33:39 PM |
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Two day ago Bitcoin already create a new all time high and crossed his previous all time high price. This alt season we can expect something big in Bitcoin price, this altseason bitcoin will $80k-100k, it is not my own opinion, it is experts opinion. Who's the expert that have said that? It's unknown whether bitcoin will be reaching $80k-$100k very soon and it's also unknown if there will be the altcoin season upon reaching those prices. The common thing about bitcoin and alts is that whenever bitcoin reaches high prices, the altcoin market is on high too.
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2double0
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October 24, 2021, 09:48:44 PM |
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Bitcoin price does not matter at all if we talk about alt season. Btc needs to stay stable or correct down a bit, but still stabilize. When btc stabilizes, it opens a chance for alts to grow in value to pull down btc's dominance. Then if btc begins its uptrend again, alts bleed or stay strong and wait for the next opportunity. If btc breaks a new ath, it does not guarantee an altseason because all the funds are in btc at that moment, why would investors go for something else.
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TheGreatPython
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October 24, 2021, 09:56:23 PM |
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Its still following the same pattern as before. When bitcoin is almost reaching its new heights, ethereum too is seen to have a good price increase pushing through to its new ATH. And once they're both bullish, most of the altcoins will start gaining positive price increase too that may lead to their altcoins season once there is no any negative reactions from the market.
I think its not really on the price that bitcoin start influencing altcoins. Regardless of the price, as long as we start seeing bitcoin becoming bullish, then it all follows that altcoins too will be hyped by bitcoin. Only then we can witness altcoins season is about to start.
It is a very very very important thing to learn about where bitcoin will stop. If we know this then we can make stuff based on that as well, but we do not know when exactly it will stop. This is why we end up with just guessing what it will do. If we can calculate it, and know when it will stop, then not only we will profit from buying now and selling at the top, but we will also buy alts that will go up during altseason and make even more during that period on top of that money we made. It is really something that we should be looking for, it is definitely something that end up knowing means money. I do not know what will happen but I know that it will definitely be something that is profitable if you can hit the nail on the head. In any case, at least we know how things work and that is good enough for me, I will be on the lookout and hope that I get it right.
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ashmodeus
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October 25, 2021, 02:42:14 AM |
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according to many many speculation , probably this quarter will be the bitcoin time, which it can goes up to 165-210k , and probably alt going crazy on late december or january, btw i have no clue about trigger price for it.
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ZaraCB
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October 25, 2021, 02:59:15 AM |
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Altseason is already ongoing. Ethereum is more than $ 4k, BNB is $ 480. However, if the price of Bitcoin crosses $80k, then I think the next altseason will start. However I think Bitcoin will not exceed $70,000. This is my personal opinion. Let's see what will happen in the near future.
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