$BTC
🚨 Is altseason CANCELLED? 🚨
I'll explain what needs to happen for the bull run in altcoins to start and when it will happen 💎
1️⃣ BTC dominance needs to fall
A drop in Bitcoin dominance below 50% is a key indicator for the start of an altseason 🎯
This usually happens when investors start to redeploy capital towards altcoins, particularly after Bitcoin reaches a point of stabilization or slowdown in its growth 📉
2️⃣ Keep an eye on Ethereum
Ethereum often acts as an indicator of altcoin performance
If it breaks all-time highs and continues its rise, it could be a sign of the start of a broader market for altcoins
3️⃣ Yes yes, all very well, but when?
From my point of view (I don't have a crystal ball 🔮), we should see a strong rise in altcoins between the first and second quarter of 2025
Remember: "The last dollar, let someone else take it" 💸
⚠️ Don't be carried away by greed ⚠️