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Author Topic: Altcoin Will Have A Bull Market  (Read 12448 times)

Offline JISAN

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Re: Altcoin Will Have A Bull Market
« Reply #210 on: November 19, 2024, 05:01:30 PM »
Bitcoin will likely turn into consolidation state when the alt season begins. This what really happened before, Bitcoin is the only good currency that didn't pump that time. People are waiting for that to happen this year since the halving. And I think it's just around the corner. If you see the chart of altcoins you will see that they are trying to signal us that the real bull run will likely to occur, maybe it went up because of Bitcoin. But no matter of the two, alt season or the bull season, it all affect positively to the price of alts.

The price of altcoin has not increased much but the price of bitcoin has increased several times so it is expected that bull run of altcoin can be seen in the next few months. Yes if we can look at the chart the altcoin may do well in a very short period of time.  I am totally shocked by the price of bitcoin because the price of bitcoin has crossed $93k and within the next year we will see bitcoin price of $100k. But what I noticed  The altcoin market rides on the price of bitcoin and if the core of bitcoin ever starts to dump, then the price of all altcoins starts to dump.
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Re: Altcoin Will Have A Bull Market
« Reply #210 on: November 19, 2024, 05:01:30 PM »

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Offline Gurujebs

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Re: Altcoin Will Have A Bull Market
« Reply #211 on: November 19, 2024, 05:08:13 PM »
The price of altcoin has not increased much but the price of bitcoin has increased several times so it is expected that bull run of altcoin can be seen in the next few months. Yes if we can look at the chart the altcoin may do well in a very short period of time.  I am totally shocked by the price of bitcoin because the price of bitcoin has crossed $93k and within the next year we will see bitcoin price of $100k. But what I noticed  The altcoin market rides on the price of bitcoin and if the core of bitcoin ever starts to dump, then the price of all altcoins starts to dump.

I was thinking that Bitcoin is going to do the usual trick of run in the market, like it will go and hit a new all time high and then consolidate for some weeks to give altcoins some chance. This is the period you see different altcoins running up in the market with profit but this time around, Bitcoin seems not settled yet and meme coins are the coins exploding this time around.

The problem now with altcoins is that when Bitcoin makes a small correction, they tend to drag their price down with Bitcoin even though they haven't gotten any significant price in their previous all time high. I really hope things get better in this market because it's strange.
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Re: Altcoin Will Have A Bull Market
« Reply #211 on: November 19, 2024, 05:08:13 PM »

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Offline Blaze

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Re: Altcoin Will Have A Bull Market
« Reply #212 on: November 19, 2024, 10:05:23 PM »
The price of altcoin has not increased much but the price of bitcoin has increased several times so it is expected that bull run of altcoin can be seen in the next few months. Yes if we can look at the chart the altcoin may do well in a very short period of time.  I am totally shocked by the price of bitcoin because the price of bitcoin has crossed $93k and within the next year we will see bitcoin price of $100k. But what I noticed  The altcoin market rides on the price of bitcoin and if the core of bitcoin ever starts to dump, then the price of all altcoins starts to dump.

I was thinking that Bitcoin is going to do the usual trick of run in the market, like it will go and hit a new all time high and then consolidate for some weeks to give altcoins some chance. This is the period you see different altcoins running up in the market with profit but this time around, Bitcoin seems not settled yet and meme coins are the coins exploding this time around.

The problem now with altcoins is that when Bitcoin makes a small correction, they tend to drag their price down with Bitcoin even though they haven't gotten any significant price in their previous all time high. I really hope things get better in this market because it's strange.
Crypto market has tendencies towards novelties and often produces them, especially when Bitcoin is behaving in a manner that analysts are not to predict. More often, unstable conditions in the Bitcoin market are created when altcoins have signs that they can go up. This indicates that such phenomena suggest that valued long established patterns are not any indication of the future, thus it is necessary to proceed observing a trend.

That we are hoping for stability in the market is a natural thing that is hard to happen, this is because high volatility can definetly bring strain patience. But situations like these also help us to prepare for as many outcomes as we can possibly think of. We need only to follow the stock market and our assets and keep on track to grab all available opportunities despite the fact we feel uncomfortable with the conditions today.

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Re: Altcoin Will Have A Bull Market
« Reply #213 on: November 19, 2024, 11:27:09 PM »
I was thinking that Bitcoin is going to do the usual trick of run in the market, like it will go and hit a new all time high and then consolidate for some weeks to give altcoins some chance. This is the period you see different altcoins running up in the market with profit but this time around, Bitcoin seems not settled yet and meme coins are the coins exploding this time around.
It is not a usual trick, it is its habit.  :D
Sure, Bitcoin needs to consolidate or start its sideways period. This will enable the altcoins to grow in a more massive way. Investors may change their focus on altcoins temporarily because they assume Bitcoin won't be very profitable anymore. We seem almost start this period of sideways on Bitcoin.

The problem now with altcoins is that when Bitcoin makes a small correction, they tend to drag their price down with Bitcoin even though they haven't gotten any significant price in their previous all time high. I really hope things get better in this market because it's strange.
Yep. So far, we only have small correction in Bitcoin price. Altcoins also experienced small correction. But you must be aware that the prices of most altcoins tend to increase. It keeps increasing gradually although there are some small dumps. I think it is a good sign, it possibly creates the chance of a more massive increase.

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Re: Altcoin Will Have A Bull Market
« Reply #214 on: November 19, 2024, 11:40:54 PM »
Bitcoin will likely turn into consolidation state when the alt season begins. This what really happened before, Bitcoin is the only good currency that didn't pump that time. People are waiting for that to happen this year since the halving. And I think it's just around the corner. If you see the chart of altcoins you will see that they are trying to signal us that the real bull run will likely to occur, maybe it went up because of Bitcoin. But no matter of the two, alt season or the bull season, it all affect positively to the price of alts.

The price of altcoin has not increased much but the price of bitcoin has increased several times so it is expected that bull run of altcoin can be seen in the next few months. Yes if we can look at the chart the altcoin may do well in a very short period of time.  I am totally shocked by the price of bitcoin because the price of bitcoin has crossed $93k and within the next year we will see bitcoin price of $100k. But what I noticed  The altcoin market rides on the price of bitcoin and if the core of bitcoin ever starts to dump, then the price of all altcoins starts to dump.

If that should be the case, then we shouldn’t be expecting any altcoin seasons asides from what we are seeing now in the market. I feel when bitcoin rises, the altcoins will also follow suit and rise with bitcoin and then when the altcoin season arrives, bitcoin may just be in a state of consolidation and won’t really have much volatility to go up and down in the market which may still affect the movement of altcoins when it’s initiated. I read in the past that during the altcoin season, there is always transfer of money from bitcoin to other altcoins. I don’t know how true it is, but technically, if feels too good to be untrue about it.

Offline MRY

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Re: Altcoin Will Have A Bull Market
« Reply #215 on: November 20, 2024, 05:19:51 AM »
Bitcoin will likely turn into consolidation state when the alt season begins. This what really happened before, Bitcoin is the only good currency that didn't pump that time. People are waiting for that to happen this year since the halving. And I think it's just around the corner. If you see the chart of altcoins you will see that they are trying to signal us that the real bull run will likely to occur, maybe it went up because of Bitcoin. But no matter of the two, alt season or the bull season, it all affect positively to the price of alts.

The price of altcoin has not increased much but the price of bitcoin has increased several times so it is expected that bull run of altcoin can be seen in the next few months. Yes if we can look at the chart the altcoin may do well in a very short period of time.  I am totally shocked by the price of bitcoin because the price of bitcoin has crossed $93k and within the next year we will see bitcoin price of $100k. But what I noticed  The altcoin market rides on the price of bitcoin and if the core of bitcoin ever starts to dump, then the price of all altcoins starts to dump.

If that should be the case, then we shouldn’t be expecting any altcoin seasons asides from what we are seeing now in the market. I feel when bitcoin rises, the altcoins will also follow suit and rise with bitcoin and then when the altcoin season arrives, bitcoin may just be in a state of consolidation and won’t really have much volatility to go up and down in the market which may still affect the movement of altcoins when it’s initiated. I read in the past that during the altcoin season, there is always transfer of money from bitcoin to other altcoins. I don’t know how true it is, but technically, if feels too good to be untrue about it.
This feature of the movements of Bitcoin and altcoins is considered by many investors important and interesting due to the fact that movements in Bitcoin’s market can be followed by movements in altcoins. We also have to realise that this pattern is sometimes not evidently clear out. Every year has its own characteristics, and when people start paying more attention to the altcoin market, people are able to transfer their forward from Bitcoin to altcoins if they believe in the particular altcoin during that year.

This can be used to our advantage with a free roaming approach, that is always ready to follow the market without getting fixated with one particular outcome. If there is a transfer of value, then, allows us to capitalise on altcoins with good performances. However, if not, just working on stable assets, like Bitcoin again, gives a sound strategy. Thus, we are constantly present in the market and do not concentrate on assumptions that can be unprofitable in the long term although that altcoins have a great potential in the medium term.
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Offline tequilla_sunset

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Re: Altcoin Will Have A Bull Market
« Reply #216 on: November 20, 2024, 08:33:28 AM »
If that should be the case, then we shouldn’t be expecting any altcoin seasons asides from what we are seeing now in the market. I feel when bitcoin rises, the altcoins will also follow suit and rise with bitcoin and then when the altcoin season arrives, bitcoin may just be in a state of consolidation and won’t really have much volatility to go up and down in the market which may still affect the movement of altcoins when it’s initiated. I read in the past that during the altcoin season, there is always transfer of money from bitcoin to other altcoins. I don’t know how true it is, but technically, if feels too good to be untrue about it.

When the BTC DOM factor falls off - we ball with alts.
Because everybody would try to pour their funds into them / get the train still rolling after the BTC correction.

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Re: Altcoin Will Have A Bull Market
« Reply #216 on: November 20, 2024, 08:33:28 AM »


Offline omori

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Re: Altcoin Will Have A Bull Market
« Reply #217 on: November 20, 2024, 08:35:29 AM »
This feature of the movements of Bitcoin and altcoins is considered by many investors important and interesting due to the fact that movements in Bitcoin’s market can be followed by movements in altcoins. We also have to realise that this pattern is sometimes not evidently clear out. Every year has its own characteristics, and when people start paying more attention to the altcoin market, people are able to transfer their forward from Bitcoin to altcoins if they believe in the particular altcoin during that year.

This can be used to our advantage with a free roaming approach, that is always ready to follow the market without getting fixated with one particular outcome. If there is a transfer of value, then, allows us to capitalise on altcoins with good performances. However, if not, just working on stable assets, like Bitcoin again, gives a sound strategy. Thus, we are constantly present in the market and do not concentrate on assumptions that can be unprofitable in the long term although that altcoins have a great potential in the medium term.

Some coins are built differently, and they react to the Bull differently - take TON or XRP for example.
They didn't pump that much, why so?
Overall mood, they still didn't have their time to shine, or something else? Only time will tell. 
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Re: Altcoin Will Have A Bull Market
« Reply #218 on: November 20, 2024, 08:41:20 AM »
The problem now with altcoins is that when Bitcoin makes a small correction, they tend to drag their price down with Bitcoin even though they haven't gotten any significant price in their previous all time high. I really hope things get better in this market because it's strange.
Yep. So far, we only have small correction in Bitcoin price. Altcoins also experienced small correction. But you must be aware that the prices of most altcoins tend to increase. It keeps increasing gradually although there are some small dumps. I think it is a good sign, it possibly creates the chance of a more massive increase.

Just hold big alts, have some patience, and see BTC do its magic as time goes on and the rally for it becomes stronger and stronger.
I do think we are totally not over yet and alts will shine through.

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Re: Altcoin Will Have A Bull Market
« Reply #219 on: November 20, 2024, 08:44:16 AM »
I was thinking that Bitcoin is going to do the usual trick of run in the market, like it will go and hit a new all time high and then consolidate for some weeks to give altcoins some chance. This is the period you see different altcoins running up in the market with profit but this time around, Bitcoin seems not settled yet and meme coins are the coins exploding this time around.
It is not a usual trick, it is its habit.  :D
Sure, Bitcoin needs to consolidate or start its sideways period. This will enable the altcoins to grow in a more massive way. Investors may change their focus on altcoins temporarily because they assume Bitcoin won't be very profitable anymore. We seem almost start this period of sideways on Bitcoin.

The BTC Dom factor is still quite high in my book, so we need to see BTC drop after getting ATH after ATH in the future to see alts really working out in terms of green PNL, in my opinion.

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Re: Altcoin Will Have A Bull Market
« Reply #220 on: November 20, 2024, 10:11:40 PM »
The altcoin season that many people expect does bring much hope but we the must be prepared to accept the reality of the market. The current price high is due to high interest, but with alt coins there is always that level of risk involved. Instead of narrowly fixating on the possible significant reversal, we are able to manage the positions of our investments based on the small available variations. Thus, on the one hand, one can derive benefits from opportunities on the other hand, one can have realistic expectations.
The altcoins season is something that always happen in each bullrun season. It is normal if people really expect on altcoins season. They expect to see the prices of their altcoins assets to increase significantly. However, it is true that we must always be careful and we must see the reality. Not each altcoin can increase although it is in altcoins season. That's why we must be selective in choosing altcoins, we also need to analysis about the worse thing that possibly happens.


 

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