Why We Are On The Brink of a New Altseason
▻https://hackernoon.com/why-we-are-on-the-brink-of-a-new-altseason-13b9f7dd4019?source=rss----3a
On January 4th 2019, I’d posted an article about How to Time the Most Profitable Period in the #cryptocurrency Market — “Altseason”In that article, I talked about how to time exponential markups in #altcoins based on a very useful metric I like to use called #bitcoin Dominance.According to historical Bitcoin Dominance data, breaking down from the 50% level has resulted in exponential increases in the price of most (if not all) Altcoins in the cryptocurrency market.And while Altcoins enjoyed a fair amount of gains back then in January — the 50% level never breached.In this article, I will talk about how the trend in Bitcoin Dominance has developed since my analysis in January 2019 and why it’s important to pay attention to Bitcoin Dominance once again.This article will be more of an applied and (...)