Crypto Updates

What are bitcoin and altcoin seasons?

What are bitcoin and altcoin seasons?

Altcoin season – when more than 75% of the top 50 alts show better growth than BTC in 90 days.

BTC season – when less than 25% of alts grow faster than bitcoin in 90 days.

1. Previous growth cycles started with the BTC season, because the big players first entered the cue ball and pumped the price. And after that, they poured from BTC into alts to get even more profit. Alts are easier to pump.

2. The growth cycle in 2017 ended with the altcoin season. This year, the market crash also occurred after the viola season, in May.

3. The bitcoin index can be tracked by the BTC market share (currently 48.3%). When it grows, the market share increases and reaches 60-70%. Investors’ money is mainly in the main asset. This is another reason why violas grow poorly.

MyScholarshipBaze

I love surfing the web and providing great information for my readers. I am an Editor At Myscholarshipbaze.com

Recent Posts

Cheapest Universities in Bulgaria

Cheapest Universities in Bulgaria Bulgaria is an excellent place to study because, despite its small…

3 hours ago

5 Ways to Get a Job After College With No Experience

5 Ways to Get a Job After College With No Experience Every student desires to…

7 hours ago

NASSARAWA STATE UNIVERSITY KEFFI SCHOOL FEES

NASSARAWA STATE UNIVERSITY KEFFI SCHOOL FEE 2023 The management and Authorities of Nasarawa State University…

11 hours ago

Binance Mobox NFT has been distributed

Binance Mobox NFT has been distributed.. ? Go to Binance Homepage ? Click More Option…

16 hours ago

Ibrahim Gbadamosi Babangida University school fees

Ibrahim Gbadamosi Babangida University school fees scheme 2023 The management and Authorities of Ibrahim Gbadamosi…

20 hours ago

LASPOTECH Post UTME Form 2023

LASPOTECH Post UTME Form If you choose laspotech in the 2023 utme, we are glad…

21 hours ago