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When Will Altseason Begin? Which Altcoins Should You Be Paying Attention To?
The cryptocurrency market has been witnessing a surge in Bitcoin’s (BTC) price, and the anticipation surrounding the Altseason is intensifying. Many investors are eager to know when this phenomenon will begin and which altcoins should be on their radar.
While some might argue that we’re already experiencing an altcoin season, recent trends suggest otherwise. The market capitalization excluding Bitcoin has hit a crucial resistance of $1.64 trillion, only to be rejected, thus sparking bearish waves.
The current bearish influence raises concerns about the possibility of an extended pullback below $1.5 trillion. Nevertheless, some fundamentals remain unchanged – the Golden Cross that appeared in the past few days bears striking resemblance to the 2020-21 cycle.
Given this historical context, it is anticipated that the Q1 of 2025 will be incredibly explosive. Bitcoin dominance has been on a steady rise and will eventually fall, resulting in one of the strongest altcoin seasons ever recorded.
Source: coinpedia.org
