Upcoming Altcoin season in 2024:
1) Bitcoin hit a record high of $69,000, boosting the entire crypto market.
2) Increased demand from Wall Street and crypto exchanges pushed Bitcoin's price up.
3) Bitcoin's value surged by 43% in February, reminiscent of the last bull market.
4) This may mark the beginning of an Altcoin season.
5) When Bitcoin's dominance decreases, Altcoins tend to rise.
6) Currently, Bitcoin dominance is at 54%, suggesting a potential Altcoin season.
7) Bitcoin's expected rise to $70,000-$80,000 could affect Bitcoin dominance, potentially leading to a significant Altcoin season.
8) Analysts anticipate a robust Altcoin season in 2024 given current market trends.
9) The stage is set for potential gains across various alternative cryptocurrencies.
This is our view, subject to updates.
Stay tuned!
