* Is Altseason Starting or When Should We Expect It?
A significant drop in Bitcoin dominance (e.g., below 40%-50%) often signals the beginning of an altseason, as money flows from Bitcoin to altcoins.
Below, you can see the history of altseasons relative to Bitcoin dominance:
* Are We Approaching the Breakout Point?
The CMC Altcoin Season Index provides real-time insights into whether the cryptocurrency market is currently in an altseason. It measures the performance of the top 100 altcoins relative to Bitcoin over the past 90 days. Image below.
* Insights from the Chart
The index has hit its yearly record, reaching 87, indicating that we are already at the threshold of an altseason.
* My Advice
Take advantage of every opportunity to buy promising altcoins at their best low prices, if you haven't already. The altseason is not far away!
$BTC #AltSeasonComing