Altcoins Finally Ready to Bounce? Let’s Talk June Lows, July Hopes & What Comes Next!
Hey everyone! If you're an altcoin holder like me, you've probably been feeling the pain lately. It's been a tough few months, especially if you bought into altcoins back in December or January. While Bitcoin is nearing its all-time highs, many altcoins have continued to drop. So, what's going on, and when will it be altcoin season ? Let's break it down with some simple charts and explanations. Why Altcoins Are Still Bleeding (and Why We Haven't Seen a Full Altcoin Season Yet) First off, let's address the elephant in the room: altcoins are still struggling . Even though we saw some smaller "mini" altcoin seasons in December 2023 and January 2024, we haven't experienced anything like the huge altcoin run we saw in 2021. Those mini seasons often got people excited, only to see prices drop again. It's frustrating, right? One key reason for this is what we call " Bitcoin season ." Right now, it's all about Bitcoin. When Bitcoi...