Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Istiak on December 08, 2019, 10:42:45 AM
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I’ve heard the concept of “alt season” often repeated recently by traders invested in projects other than Bitcoin. What are the signs that the markets will turn back towards the rest of the sector?
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I’ve heard the concept of “alt season” often repeated recently by traders invested in projects other than Bitcoin. What are the signs that the markets will turn back towards the rest of the sector?
Base on my experience since 2016-2019 i might say that there is a huge disparity in terms of price and growth movements. If we compare the 2017 Bullish movements of crypto prices the growth was scattered in the most cryptocurrencies in the market from 2016-2017 while today we cant see any of those trend, even Bitcoin was struggling to retain its prices. that's why i believe there is no alt season in 2019-2020.
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Most likely, the term “alternative season” appeared after even with a good price growth of bitcoin, almost all altcoins were left without any significant growth. This has actually been going on for the last two years, so many began to talk about a possible increase in the price of altcoins, that is, about the "altcoin season" or "alternative season".
Well, sooner or later such a season should come. Altcoins are even more viable than aging bitcoins.
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There must be very positive news in the direction of cryptocurrencies, for example, Trump should write something good about cryptocurrencies and then a pump is possible, just as the legalization of cryptocurrencies in various developed countries can lead to a pump.
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The growth of Bitcoin value can trigger the next altcoins season. That's why many people really hope for the big impacts of the upcoming Bitcoin halving. This can trigger the rising of Bitcoin value, then it also can bring positive impacts to the whole crypto coin prices.
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The growth of Bitcoin value can trigger the next altcoins season. That's why many people really hope for the big impacts of the upcoming Bitcoin halving.
Agree, Bitcoin halving can make a rising on Bitcoin value and also give positive influences on altcoins. Bitcoin value is the key to a whole increase in cryptocurrency right now. I expect that the upcoming year will be a big difference from this year.