Will we never have a proper altcoin season again?

Altcoins are still at low prices, and $BTC dominance (BTC.D) is on the rise. Yes, $ETH and other altcoin holders are going through a tough time right now.

With the recent Uptober disbelief, where altcoins have seen heavy drops while $BTC maximalists are celebrating their heavy Bitcoin allocations, many are now doubting whether $BTC.D will ever go back down, and questioning if we’ll ever see an altcoin season again. It’s the perfect time to dive into the facts and see what’s likely to happen.

We’ve all heard phrases like, “The $BTC ETF changed everything,” or “Boomers won’t buy altcoins, so they won’t go up,” or “$BTC is at ATH, and alts have done nothing.” These ideas are easy to understand because they match the current charts and provide comfort, offering an excuse not to hold altcoins (which can be tough during accumulation phases, especially when the $BTC chart looks a lot better).

But we know better. I’ve never been one to blindly follow narratives. Instead, I counter them by looking at data, proof, and market logic—which often differs from the conventional logic spread by the media. This approach helped us identify key moments like buying at the $BTC cycle bottom below $22k and predicting the move from $30k to $70k when most people believed the opposite narrative. Not only that, but we’ve also been acting on this strategy, having recently started buying altcoins again for the second time in this four-year cycle (the first being around the cycle bottom).

The “altcoin season is dead” narrative is, in my opinion, one of the easiest to counter. Below, I’ll lay out the facts as objectively as possible regarding what’s going to happen to our altcoins. But first, let me quickly define what I mean by “altcoin season.”$BTC