What is the alt-season and why do we need it?!
Friends, recently some news resources started to write more about the soon fall of BTC and therefore the topic of the alt-season started to be discussed in the network. So I decided to make an explanatory post: who, what and when.
Altseason (in simple words) is the time when altcoins start to grow sharply. At the same time BTC does not make sharp movements, most often it even falls.
Mostly this time comes because of the
transition of money from BTC to other crypto assets. The usual psychology is at work here. People begin to feel the approach of the bull market. So those who had money in BTC start to move it to more "promising"
(cheap) tokens. And those who are just entering the market also start buying altcoins, as they feel that BTC is already worth too much (as a rule, before the alt season, BTC rises sharply after stagnating, as it is now).
Some alts have already started firing, so I advise you not to hesitate.
"When is this season coming?". My vision: in the near future BTC may approach the 45k-46k mark and after that a correction will come. And it is after that that we may see a strong alt season. (I wrote my opinion in more detail in this post).CRYPTO TREYSI | Subscribe
