And the coming days will continue, the dominance will decrease by -5% / -10%
How will the currencies react?
Huge increases
LIVE
Yazen1982
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Factors for the start of the altcoin season
Not only the transfer of liquidity from Bitcoin to Alts
But new liquidity must enter
Last season, with the small number of altcoins compared to the current time, the market value reached 3 trillion, and the peak of Bitcoin at the time was $ 69,000
Altcoins exploded, achieving many exes
This season we have about 2 million coins, 99% of which is talk
Expected market liquidity from 5 to 6 trillion
Bitcoin's logical target for this cycle is from 120 to 140 thousand We are talking about a rise of about 50% from the current area.
At that time, its value alone will be about 2.5 trillion, it is now 1.8
If we talk about the entry of liquidity, the 1.5 trillion only entered the alternative currencies compared to the current situation with the decline in Bitcoin acquisition to about 50%
It will be more than enough for a strong alternative currencies season
Even if we do not reach 5 trillion
But forget about the subject of 100 x, nor 50 x, nor even 10 x
So do not build illusions in light of the current situation
Yes, it is possible to find a currency that rose and achieved astronomical numbers
But I am talking about the vast majority of currencies, they will not achieve astronomical numbers as some claim
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