Altcoins Not Getting A Share of the Bull Run

[TomPluz]

As of now, there is no question that Bitcoin is really soaring into the "moon" and many are expecting that more can be coming as the days of 2020 are winding down and we are excitedly waiting for the start of year 2021. However, we also understand that most of the altcoins -- at least those in the top 20 I guess -- are not getting their share of the actions and in fact some are even retreating.

I heard someone opined that unlike 2017 where the bull run was due to the retail buyers -- maybe referring to ordinary guys like you and me -- this time around the bull run is due to institutional interest and sadly not so many in this source of money are really interested with altcoins except perhaps with Ethereum.

So, should we expect the same kind of altcoin movement in 2021 or will there be the so-called Altcoin Season -- the time when altcoins are getting the limelight?

[Andruha1993]

I think the altcoin season will start in 2021. But I myself do not understand why it does not start now, because Bitcoin is growing, and usually if Bitcoin grows, then prices for altcoins rise.

[VeryWellDone]

I won't even be that worried for those top coins, we know that once BTC slows down, that's when these altcoins will start to rise up. I have a feeling that especially ETH will start pumping next.

Regarding long-term performance, you can see from coins that are doing continuous progress despite being the space for so very long. Everyone thought that ETH will pump up after the ETH 2.0 launch but it didn't, you just have to be patient, similar to coins that are doing the same thing (continuously making progress) like NAV. It's currently at 500th on CMC but you can see it slowly getting back up and getting on in the front seat from their AMA with Binance.

[EmoneyABC]

Agree with you this bull run is little different but many alts already spiked even 10X, as always we have seen the biggest movements in the low and micro caps.

The top 100 is going up and down now but the last months many of them also spiked significantly.

Still when only BTC and ETH stop to move forward people will relocate their profits to alts.

[trauchot]

Throughout 2020, altcoins also grew very well in price and brought many investors a good profit, I also think that good growth of altcoins is also expected in 2021, and therefore I invest as much as possible in altcoins in order to get an excellent profit in 2021.

[dragonvslinux]

I think we have to remember that the "DeFi bubble" in summer meant that projects needed to correct 80-95% after 10-100x gains, in order to retrace at mnimum 50% of the gains from summer. Most projects appear to have met this requirement, others still have more value to lose it seems. Bitcoin now looks overvalued after being overbought for several weeks, altcoins continue to look cheap with some considerably oversold. Btfd comes to mind.

I'm otherwise still hopeful of another alt season starting at the end of the year, or early next year. To me, altcoins are still due a bounce against BTC at least:

[TERMINO]

I think we should not worry so much about altcoins bull run. The year of 2020 is not yet over and bitcoin is not dumping. In fact you can see bitcoin price that seems cooking something. It didn't decrease lower than $22,000. I smile something is going to happen next few days.

[Shahinaz]

Altcoin session, maybe not this year, could be in early 2021, the surprise for the millionth of crypto is increasingly intriguing every owner, altcoins have not moved because they are overshadowed by defi projects that are increasingly blooming but believe that altcoins will also follow bitcoin to go to the moon

[Riya143]

Many of us in the market expect bull runs. But I think throughout the year, bull run is happening. Because the price of every coin in the market is increasing a lot. So I think most of the coins in the market are in good condition.

[H2O]

Actually running bullrun only for two coins bitcoin and Ethereum but not others cryptocurrencies. If we see the others cryptocurrencies market then we can easily understand the bullrun effect. So we can call 2020 bullrun only for 1 & 2 .

[Cutter Cute]

It looks like altcoins will go up for a month in the middle of January 2021, I'm not sure all altcoins will fully go up, but if you look at the current trend, altcoins are still waiting for a correction in the price of Bitcoin because investors will choose altcoins after getting profit from selling Bitcoin

[gunhell16]

As of now, there is no question that Bitcoin is really soaring into the "moon" and many are expecting that more can be coming as the days of 2020 are winding down and we are excitedly waiting for the start of year 2021. However, we also understand that most of the altcoins -- at least those in the top 20 I guess -- are not getting their share of the actions and in fact some are even retreating.

I heard someone opined that unlike 2017 where the bull run was due to the retail buyers -- maybe referring to ordinary guys like you and me -- this time around the bull run is due to institutional interest and sadly not so many in this source of money are really interested with altcoins except perhaps with Ethereum.

So, should we expect the same kind of altcoin movement in 2021 or will there be the so-called Altcoin Season -- the time when altcoins are getting the limelight?

I don't think so, because there are still many community in crypto space believed that altcoins season will come up to us including myself. Lets just wait and see while it is not done yet here in this business industry. And I think this will make happen by next year for sure.

[yurez]

Most likely, institutional investors are now buying bitcoin on the crypto market, and there are still very few new retail buyers.  I follow the Google trend for Bitcoin and I see that the bull run has not started yet.

[tampy784t]

Altcoins profit from market growth, but not as much as Btс, on the chart we can see how bitcoin has fully recovered, even rose to new price highs after falling to $ 3,000, there is no such recovery for alcoins at the moment

[Istiak]

Most of the ALTs also show a good pump. Like ETH go over 650$, LTC over 115$ and the most noticeable one was XRP. That was totally unexpected. This time it's not like the 2017 bull run when most of the projects give 100X returns but I think it's better this time. The sudden pump causes a market crash and stable growth stay for long terms.