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.
List of Universities in Bolivia Bolivia offers a wide range of educational options. People from…
List of Universities in Bhutan Bhutan has some of the greatest universities in the world.…
List of Universities in Benin Dahomey was the previous name for Benin, which is now…
List of Universities in Azerbaijan Below is the list of universities in Azerbaijan. • ADA…
List of Universities in Austria Universities, University Colleges, Institutes of Higher Education (HEIs), and Post…
Unity bank salary scale Unity Bank Plc is appraised among the new age banks in…