Will there be an altseason or not? So far, 90% of investors are waiting for the altseason to arrive so they can take profits. You must have heard that this is the last year of this bull run and the new year has already started. In today's post, we will try to shed light on this and solve the problems of many investors.
Whether or not the altseason will come is a separate discussion, but BTC has shown its strong bull run and we have seen Bitcoin reach from 15K to 108K, which is approximately 7-8X growth.
Every bull run has some changes, and we have seen that the altseason has not started yet, which should have happened. Or you can say that many altcoins have performed well in this bull run.
If we talk about Hive, its price was $0.15 and reached $0.7 in a few months, which is approximately 5X growth. Similarly, there are many coins that have shown 10X or even 20X growth.
There is no doubt that the bull run is at its peak and maybe some other altcoins will perform. This time, it's possible that not all altcoins will be bullish, but only a few selected ones will perform.
Just keep in mind that you should withdraw your investments by May or June, because Bitcoin will move towards its bearish cycle. Try to invest in those altcoins that have potential and can perform well.
THANK YOU!
