Why is the Altcoin Season Approaching?
To understand why many believe the altcoin season is imminent, we must first analyze why altcoins have been underperforming.
1. BTC Dominance and Resistance Levels:
Historically, when BTC reaches significant price levels, such as the anticipated $100,000 range, altcoins tend to decline. This happens because:
#Join Lunar New Year Party & Share $150,000 Rewards Bullish BTC: As Bitcoin rallies, investors consolidate funds into BTC, leaving altcoins to lag or decline.
Bearish BTC: When Bitcoin corrects or dips, altcoins tend to drop even more sharply due to