Time for altseason? Which way is the altcoin market going?
Crypto markets are notorious for volatility and we have seen that volatility in the altcoin market over the past two weeks. We saw a bit of an alt season in the market especially last March when the price of Bitcoin reached its all-time high. After that we saw the price of points fluctuate but the price of altcoins has been on a downward trend for the past two weeks. However, the recent drawdown among altcoins may indicate a relative momentum bottom. And if history repeats itself we may soon see a coordinated take-off.