🔴｜Bitcoin can’t rise, altcoin season is coming❗
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Since entering November, the crypto market has collectively experienced explosive growth due to the good news of Trump’s election as the US president. First, Bitcoin BTC has risen sharply from $66,000 to $99,000 and almost stepped into the $100,000 gate
Previously, it was Bitcoin’s own bull market, and altcoins hardly rose much and their collective market value was still in the bear market range. Now Bitcoin is stagnant around $97,000. While Bitcoin is sideways, altcoins and old coins have been extremely active in the past few days.
For example, ALT has rebounded to 0.19, with a 35.7% increase in just four days. The most dazzling old coin is XRP, which rose from 0.5 to a record high of $2.9 in one month❗
Have you noticed that at this moment, the altcoin season has come. When we criticized Bitcoin for rising and altcoins for not rising at all, it is actually a good time to lay out. Just two months ago, I also wrote many articles to emphasize that the market value of altcoins is seriously underestimated. And Binance founder CZ and mining pool F2Pool co-founder Shenyu tweeted that the altcoin season has arrived. What are you still questioning?
📍Definition of altcoin season:
If 75% of the top 50 altcoins have outperformed Bitcoin in the past 90 days, it means that the altcoin season has arrived.
The current altcoin index shows that it has risen sharply in the past few days and has broken through the key threshold of 75% to 86%. This means that in the past 90 days, 86% of the top 50 altcoins have outperformed Bitcoin. According to the index standard, the altcoin season has arrived.
And at this moment, isn’t it a good time to quickly find those altcoins that have not yet soared and make arrangements in advance? Remember the scene of the altcoin season that year? The scene of buying a random altcoin with your eyes closed and rising the next day
