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

Lions Share Smart Contract complete details

Lions Share Smart Contract complete details Lion's Share is now a recent Ethereum Smart Contract…

2 hours ago

The Nigeria Export Processing Zones Authority (NEPZA) Recruitment 2023

The Nigeria Export Processing Zones Authority (NEPZA) Recruitment 2023 The Nigeria Export Processing Zones Authority…

6 hours ago

Al-Hikman University Cut Off Mark 2023 Session

Al-Hikman University 2023 Session Cut-Off Mark Here, Al-Hikmah University has released JAMB and post-UTME cut-off…

12 hours ago

Federal Road Safety Recruitment 2023

Federal Road Safety Recruitment 2023 The Federal Road Safety Recruitment 2023 application form is out!…

13 hours ago

Amotekun Recruitment in oyo state 2023

Amotekun Recruitment in Oyo State 2023 Operation Amotekun recruitment Form in Oyo state is Out…

18 hours ago

Nigeria Investment Promotion Commission (NIPC) Recruitment 2023

Nigeria Investment Promotion Commission (NIPC) Recruitment 2023 NIPC Recruitment 2023 starting date has been declared.…

22 hours ago