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altseason
Altseason (short for “altcoin season”) refers to a period in the cryptocurrency market when the prices of alternative cryptocurrencies—those other than Bitcoin—rise significantly, often outperforming Bitcoin in terms of percentage gains. During altseason, investor interest and capital shift from Bitcoin into altcoins, leading to rapid and widespread appreciation across many smaller crypto assets.
Analyst: Bitcoin Dominance Chart Signals Early Altcoin Season
Crypto analyst Matthew Hyland believes that Bitcoin’s dominance chart is flashing bearish signals, hinting at the arrival of an altcoin season sooner than most traders expect.
Bearish Structure on the Dominance Chart
According to...
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