The Season of ALTCOINS

#Altseason2

An altcoin season is a period during which altcoins will skyrocket and outperform #BTC by a significant margin. During an altseason, it's highly advisable to hold altcoins in your portfolio. But most

importantly, it's preferable to hold altcoins that haven't exploded yet they will have a much greater potential for growth than SHIB, SOL or others.

Altseasons occur when Bitcoin isn't moving much and has low volatility. During these periods, investor capital will flow more into altcoins because there will be less interest in Bitcoin let's say, so people prefer to go where there's movement rather than where they need to wait. As a result, a significant amount of money flows into the altcoin market capitalization, drastically increasing the value of almost all altcoins.

To observe this phenomenon, you need to look at Bitcoin Dominance (BTC.D on TradingView) this chart shows you the share that Bitcoin takes in the total market capitalization of the crypto market. The lower it goes, the better altcoins will perform against Bitcoin.

From being a witness of last run, altseason last for about 3-5 weeks, and there are several during a bull market. So, your goal is to position yourself on altcoins before these altseasons by trying to predict them using Bitcoin Dominance.

TIP: Meme sector winners will reinvest in alts. i.e FET crossing $10 mark and so on.

Remember we are just a tiny goldfish among the predators, dont jump all in.

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