Ansem suggests that an "alt season" (a period of significant gains for altcoins) will not occur until a substantial portion of portfolios hold Bitcoin. A poll indicates 56% of respondents currently hold 0% Bitcoin, implying a significant shift in allocation is needed before altcoins see widespread gains. Investors looking for altcoin opportunities should monitor Bitcoin's price and broader market sentiment, as its upward movement is seen

By blknoiz06
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