When Alt season will start?
Many people asks ,is this a bull run for Alt coins also?
Absolutely not , definitely in this bull run BTC perform well and throughout the last week it did well for especially spot traders.But the season for alts didn't start yet , because crypto market follows a specific pattern regarding this
āIf 75% of the top 50 coins performed better than Bitcoin over the last season (90 days), it is Altcoin Season.ā
But in the present scenario just only 69% of the leading 50 altcoins have well performed out of BTC 'dominance in the past 90 days.
What is actually a Altcoin season?
When Alt coin (not related to BTC) performs better then BTC'performance and shows a great increase related to BTC price growth, is Alt season.
So for alts traders, better wait for dominance of Alts to be in Alt bullish season, this is just 6%away to have proper start.
#HotTrends #AltseasonAlert