In the next few weeks I expect altcoins to start growing, but it will be a “warm-up” mini altcoin season. For this scenario to materialize, BTC's dominance needs to drop into the 51% - 49% area. During this period you should not be greedy and it will be smart to take profits that the market gives, because BTC dominance will return to previous peaks with the continuation of BTC growth in the direction of $100,000+.
We will most likely see the beginning of the real altcoin season in October or November 2024.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.