Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity

August 24, 2024 Bitcoin.com

Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced by blockchaincenter.net’s Altcoin Season Index (ASI), which currently sits at a low score of […]

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

July 23, 2024 Bitcoin.com

altcoin season

In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI score has dropped to 24, indicating that a period of increased gains for alternative cryptocurrencies is now more distant. Bitcoin Outperforms Altcoins as ASI Score […]

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Time for altseason? Analysts say altcoin market is near ‘momentum bottom’

July 15, 2024 Coin Telegraph

altcoin season

Altcoin prices have been in a rut, but a key alteason indicator hints that the “strongest wave” is yet to come.

The altcoin market had been trending down over the past two weeks, but a key indicator reveals that the recent drawdown could indicate a “relative momentum bottom,” which, if history repeats, could soon see a “concerted take-off,” according to crypto analysts.

The crypto Top 200 Equal Weight Index is “still trending down, but the Altseason indicator shows that the recent washout when it hit 10% was likely a relative momentum bottom,” according to Chief Crypto Analyst at Real Vision Jamie Coutts.

The crypto Top 200 Equal Weight Index is an equally weighted index that seeks to track the performance of the top 200 cryptocurrencies by market capitalization from that of Bitcoin.

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally

June 22, 2024 Bitcoin.com

altcoin season

The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the likelihood of a resurgence altcoin run-ups. On June 20, the X account ‘Altcoin Sherpa’ highlighted two prerequisites for an ‘Altcoin Season’ to emerge. Crypto Analyst Altcoin Sherpa Foresees Challenging Times for Altcoins The […]

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off

May 26, 2024 Bitcoin.com

altcoin gains

While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has not yet arrived. In fact, according to the Altcoin Season Index, the likelihood of such a season […]

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’

April 26, 2024 Bitcoin.com

Altcoin

Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […]

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Is It Time for Altcoins to Shine? Analyst Predicts Shift in Crypto Dynamics

April 8, 2024 Bitcoin.com

Altcoin

Throughout this week, while bitcoin and ethereum have been consolidating, vibrant discussions about the elusive ‘Altcoin Season’ have intensified across forums and social media platforms like X. Some anticipate that a rally among altcoins is on the horizon, even though the Altcoin Season Index still suggests it is “not Altcoin Season.” Altcoin Season Index Inches […]

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Solana Primed To Outperform Ethereum by up to 5x, According to Glassnode Co-Founders – Here’s the Timeline

January 18, 2024 The Daily Hodl

altcoin season

The co-founders of the crypto analytics firm Glassnode think Solana (SOL) could outperform Ethereum (ETH) by up to 5x in the current bull run. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say the SOL/ETH chart suggests the SOL/ETH ratio could surge. “In other words, […]

The post Solana Primed To Outperform Ethereum by up to 5x, According to Glassnode Co-Founders – Here’s the Timeline appeared first on The Daily Hodl.

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Altcoins Primed for ‘Extremely Explosive’ Gains, Says Crypto Trader – Here’s the Timeline

October 6, 2023 The Daily Hodl

altcoin season

A closely followed crypto strategist is predicting when trading in the altcoin market could begin to surge. Pseudonymous analyst Altcoin Sherpa tells his 196,600 followers on the social media platform X that an altseason is likely coming within months. “Either way, I’m eyeing December/January as another strong period for altcoins and you should too. Strap […]

The post Altcoins Primed for ‘Extremely Explosive’ Gains, Says Crypto Trader – Here’s the Timeline appeared first on The Daily Hodl.

Binance Bitcoin reserves hit January levels — months before BTC jumped 90%

Here’s When a Massive Altcoin Season Could Kick Off, According to Crypto Analyst Jason Pizzino

June 29, 2023 The Daily Hodl

altcoin season

Closely followed crypto strategist Jason Pizzino is predicting when the altcoin market could go on a massive run again. In a new strategy session, Pizzino tells his 286,000 YouTube subscribers that it could take another 12 months before some altcoin projects take off as they did between December 2020 and May 2021. Pizzino says only […]

The post Here’s When a Massive Altcoin Season Could Kick Off, According to Crypto Analyst Jason Pizzino appeared first on The Daily Hodl.

altcoin season

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