The crypto market has enjoyed a bullish phase, with prices staying green for an extended period. However, as any seasoned investor knows, healthy corrections are part of the journey. With the holiday season upon us, itās no surprise that major players are cashing out, likely in preparation for new opportunities in the new year.
Interestingly, Bitcoinās market cap has almost doubled its previous ATH, showcasing its dominance and growing acceptance as a store of value. On the other hand, the altcoin market seems to be playing catch-up, hovering near its own ATH. While a few altcoins have delivered impressive gains, the majority are waiting for the real actionāthe kind that happens when a genuine bull run kicks off.
Historically, when the market hits full bull mode, altcoins break their market cap ATH one after another, signaling an āalt seasonā like no other. If history is any guide, January could bring fireworks for crypto enthusiasts.
Let me know your thoughts and sentiments in the comments. Are we ready for a bull run like never before?
#BullRunAhead #altseson