It's been a long time since I've felt BTC dropping 5-7k$ in price but my account hasn't seen a significant drop?
For months, we've gone through countless hardships, witnessing days when BTC is green but altcoins don't rise, with some coins even dropping? And when BTC is stagnant, if BTC drops a bit, Altcoins dump hard, causing our accounts to decrease over a long period! I still vividly remember August 5th as the day BTC massacred Altcoins severely, with the drop in Altcoins that day being nothing short of a black swan.
However, time eventually passed, and Bitcoin at the current price has risen to 91k$ and many altcoins have doubled or tripled from their lows… Some special ones have increased even more, for example, #SUI has increased 7 times from its bottom. Currently, after about 8-9 months, we are finally seeing BTC correct somewhat, but altcoins haven't dropped much, and hopefully, in the future, there will be many moments where altcoins go against the trend like this?
After several days of BTC correcting while altcoins haven't seen much decrease, are we dreaming about the Altcoin season that is coming closer to us? I often say that after BTC corrects, if it then rises and surpasses the recently established ATH, altcoins will have the opportunity to shine, and the true Altcoin Season will arrive. Right now, altcoins are quite strong, and if in December, for example, BTC breaks the ATH and surpasses the 100k$ mark, there will be many altcoins that will double or triple from the current price!
I hope this cycle is similar to the previous one, around mid to late December, Altcoins will soar to new heights around that time, and this year’s Tet will be like last year’s, with BTC running up significantly during the Tet holiday, after which the altcoin season will have arrived..
