Benjamin Cowen
To those that keep calling for ALT Season: In order for ALT Season to happen, ETH needs to go to...
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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For an Altcoin Season to occur, Ethereum ($ETH) needs to surpass $5,000 and establish it as support, which is contingent on Bitcoin ($BTC) reaching new all-time highs. This process would likely increase Bitcoin Dominance ($BTC.D) initially, meaning Altcoin Season would only follow a period of Bitcoin strength. Investors should therefore anticipate a rise in Bitcoin Dominance before expecting significant Altcoin outperformance.

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About Benjamin Cowen
Benjamin Cowen

Benjamin Cowen

By intocryptoverse

CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8