🌟 Altseason: A Brief Overview 🌟

A recent study focuses on altseason — a period when altcoins grow faster than Bitcoin 💹

📈 What is Altseason?

Altseason starts when Bitcoin's dominance reaches a peak and ends with a new all-time high for the TOTAL2 index, which reflects the market capitalization of 125 altcoins.

⏳ History

There have been two altseasons. The first began on March 1, 2017, when Bitcoin's dominance fell from 96% to 36%, increasing the market capitalization of altcoins to $470 billion! 💰

🔍 Duration and Growth

The first altseason lasted for 310 days, with the index rising by $470 billion. The second one started in 2021 and lasted for 309 days, with an increase of $1.5 trillion in the index 📊

🌌 Timeline Coincidence

Both altseasons had a similar duration. It was also established that Bitcoin's halving occurs at 62% of the cycle 🚀

✨ Role of Halving

Halving is crucial for market structure, as both altseasons began after a halving event 💫

Following these trends, investors can better predict movements in the altcoin market.