Different this time: 'Altcoin season' no longer driven by Bitcoin ...

Dec 2, 2024 · Altseason is close The performance of the altcoins seemingly coincides with an improvement in the altcoin season index, indicating that the altcoin season is close. According …

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When Is The Next Altcoin Season? - BeInCrypto

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Nov 6, 2024 · The Altcoin Season Index rose to 31, but Bitcoin's dominance at 60.61% suggests that alt season may take time to materialize. ... But for altcoins season to come to pass, at …

beincrypto.com

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Is Altseason Around The Corner? Real Vision Analyst Reveals Key ...

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Jun 27, 2024 · In 2022, it hit prematurely but close to the cycle lows when the market was down 70%. ... Coutts suggests that this breadth measure hints at upcoming cyclical bottoms and mid …

benzinga.com

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Altseason Is Coming — Or At Least Data Suggests That It's Cl ...

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Current Market Conditions As of today, March 9, 2024, the Altcoin Season Index sits at around 69%. While this isn't enough to declare a full-blown altseason yet, it represents a notable …

binance.com

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Is Crypto 'altseason' Coming? Watch These 3 Key Signals In The …

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Oct 28, 2024 · At the time of publication, Bitcoin price was fighting resistance from its 2021 all-time high of around $69,000. If BTC price produces a decisive close above this level and …

tradingview.com

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Data Points To Approaching Altcoin Season Even As ... - Cointelegraph

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Feb 20, 2024 · Data from Blockchain Center shows that only 59% of the top 50 altcoins have outperformed BTC during the last 90-day period. Although this index has been increasing over …

cointelegraph.com

FAQs about Different this time: 'Altcoin season' no longer driven by Bitcoin ... Coupon?

Is altseason close at hand?

Cryptocurrency analyst and trader Kevin Svenson believes that altseason, a period when altcoins significantly outperform Bitcoin ( BTC ), is close at hand. In a new video, Svenson tells his 78,600 YouTube subscribers that his bullish thesis for altcoins is informed by the price action of Bitcoin and Ethereum ( ETH ). ...

Will 'altseason' really take place soon?

“Altseason may actually take place very soon. And the reason why I came to that conclusion is because Bitcoin broke the parabolic trend and is looking to go sideways in this range and consolidate, while the leading altcoin, Ethereum, is actually sitting in an exponential trend. ...

Are altcoins about to skyrocket in next 'altseason'?

The analyst shared a chart showing that the altcoin market cap had scaled above a significant support area and entered into a bull run similar to the 10x returns experienced in 2021. “We are close.” Many #Altcoins are about to skyrocket in next #Altseason. ...

Could a 'total2' breakout signal an altcoin season?

With Bitcoin challenging new highs, market participants could keep an eye on a possible breakout by the TOTAL2 market cap, reducing Bitcoin dominance and increasing Altcoin season index, all of which if they align, could signal the beginning of an altcoin season in the coming months. ...

Is 'altseason' no longer defined by asset rotation from bitcoin?

“Altseason is no longer defined by asset rotation from Bitcoin,” CryptoQuant CEO Ki Young Ju said in a Dec. 2 post on X. He said the traditional signal marking the beginning of an altcoin season when capital rotates from Bitcoin (BTC) to altcoins is outdated. ...

What indicates the start of an altcoin season?

A noticeable increase in altcoin dominance within the overall cryptocurrency market is one of the primary indicators that signal the start of an altcoin season. Altcoin dominance refers to the collective market capitalization of all cryptocurrencies, excluding Bitcoin, expressed as a percentage of the total cryptocurrency market cap. ...