create account

When Altseason? by claudio83

View this thread on: hive.blogpeakd.comecency.com
· @claudio83 ·
$16.23
When Altseason?
As in every new bullish season, the first decisive move concerns exclusively Bitcoin, the king of cryptocurrencies but also the first crypto ever created way back in 2009 by Satoshi Nakamoto. In fact, the market calculates the impact of BTC on the entire sector and an ad hoc study was carried out on the performance of Bitcoin compared to other cryptocurrencies, called *Bitcoin Dominance*.

![Screenshot_2024-03-26-13-47-50-144-edit_com.brave.browser.jpg](https://files.peakd.com/file/peakd-hive/claudio83/23ujvf7Lpz16uR8KwEKT7JSw8KUiF1P5Q4kTPuhHLad7AcxEGkfN5PJ9LeyRV9NGqLUmA.jpg)

The dominance of BTC indicates the value of the circulating Bitcoin compared to all other altcoins. At the moment, for example, the value is calculated at 51%, that is, of the value of the total cryptocurrency market, more than 50% is determined by $BTC itself. Generally, dominance is always very high but this percentage statistically decreases near the altseasons.

### When is the high season?

Bitcoin is always the gateway to the entire altseason sector, although Ethereum is also showing considerable interest from institutions and retail users. But we can statistically state that the real altseason begins when Bitcoin's dominance drops below 40%, impacting less and less on the total value of crypto capitalization.

We can also state that Bitcoin's dominance has almost never fallen below 30%, so these data could be useful to those waiting for the end of the bull market to download cryptocurrencies and fill their coffers. Obviously the data can change from season to season and everything can be proven wrong. This is the big puzzle in the sector and I would avoid waiting too long to eventually cash in.

Pe whales, on the other hand, are manipulative and in a few minutes I can change the market trend. It is probable, but this is just my thought, that the entry of institutional investors with ETFs in the future will be able to influence the markets less quickly, as there are rules that limit exceptional dollar movements in a short time.

However, the new bull season has just begun and it will be really fun to watch the progress of our plans. Attention, always!

Posted Using [InLeo Alpha](https://inleo.io/@claudio83/when-altseason)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 128 others
properties (23)
authorclaudio83
permlinkwhen-altseason
categoryhive-167922
json_metadata"{"app":"leothreads/0.3","format":"markdown","tags":["hive-167922","inleo","Bitcoin ","Altseason ","Dominance ","Cryptonews ","Market","Cent","Pimp "],"canonical_url":"https://inleo.io/@claudio83/when-altseason","links":["https://files.peakd.com/file/peakd-hive/claudio83/23ujvf7Lpz16uR8KwEKT7JSw8KUiF1P5Q4kTPuhHLad7AcxEGkfN5PJ9LeyRV9NGqLUmA.jpg)","https://inleo.io/@claudio83/when-altseason)"],"images":[],"isPoll":false,"dimensions":{}}"
created2024-03-26 13:25:06
last_update2024-03-26 13:25:06
depth0
children4
last_payout2024-04-02 13:25:06
cashout_time1969-12-31 23:59:59
total_payout_value8.134 HBD
curator_payout_value8.093 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,239
author_reputation1,308,952,613,095,620
root_title"When Altseason?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id132,349,904
net_rshares30,238,385,820,783
author_curate_reward""
vote details (192)
@behiver ·
Bitcoin halving + 6 Months should bring the Alt season in full force.
properties (22)
authorbehiver
permlinkre-claudio83-saz7i3
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.3.6"}
created2024-03-26 22:22:51
last_update2024-03-26 22:22:51
depth1
children0
last_payout2024-04-02 22:22:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length69
author_reputation384,729,358,226,899
root_title"When Altseason?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id132,361,067
net_rshares0
@claudio83 ·
@tipu curate 
properties (22)
authorclaudio83
permlinkre-claudio83-sayyd1
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.3.6"}
created2024-03-26 19:05:24
last_update2024-03-26 19:05:24
depth1
children1
last_payout2024-04-02 19:05:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length13
author_reputation1,308,952,613,095,620
root_title"When Altseason?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id132,357,304
net_rshares0
@tipu ·
<a href="https://tipu.online/hive_curator?claudio83" target="_blank">Upvoted  &#128076;</a> (Mana: 34/64) <a href="https://peakd.com/hive/@reward.app/reward-app-quick-guide-updated" target="_blank">Liquid rewards</a>.
properties (22)
authortipu
permlinkre-re-claudio83-sayyd1-20240326t190529z
categoryhive-167922
json_metadata"{"app": "beem/0.24.26"}"
created2024-03-26 19:05:30
last_update2024-03-26 19:05:30
depth2
children0
last_payout2024-04-02 19:05:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length217
author_reputation55,208,622,361,289
root_title"When Altseason?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id132,357,305
net_rshares0
@trumpman ·
!Pimp
properties (22)
authortrumpman
permlinkre-claudio83-saywjf
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2024.3.6"}
created2024-03-26 18:26:03
last_update2024-03-26 18:26:03
depth1
children0
last_payout2024-04-02 18:26:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5
author_reputation1,550,685,931,716,423
root_title"When Altseason?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id132,356,530
net_rshares0