Alt Season is Coming, Be Ready!

By Andy Little on ALTCOIN MAGAZINE

Bitcoin has been on a very exciting run of late but will the big daddy calm down and let the Alts have their fun?

Over the past few days, Bitcoin has had most of the fun running up over $1,000 with the top 20 Alt-coins lagging behind, some even having run-ups of up to 20%. But for the Alt-coins to get a piece of the action their needs to be a pullback for Bitcoin and a decline in dominance.

Bitcoin dominance is currently at 59% with analysts expecting the Bitcoin dominance to decline to 50% in the coming weeks with the slight pull back from a $7,400 Bitcoin to a $7,080 with Bitcoin at present running out of steam.

The greatest Alt season on record was recorded from December 2017 into 2018 with many Alt’s gaining over 100% + based on speculation never mind working products.

Let's hope Bitcoin holds the $7,000 range with investors selling the pump and entering the Alt-coin markets with their profits from the number 1 coin.