3 KEY INDICATORS TRADERS USE TO DETERMINE WHEN ALTCOIN SEASON BEGINS

3 key indicators traders use to determine when altcoin season begins. 3 Bitcoin price metrics point to overheated conditions and a potential BTC correction. 3 reasons why Convex Finance surged 215% in December to hit new all-time high. 3 reasons Bitcoin price suddenly plunged 7%, liquidating $100M in longs. 3 reasons why Avalanche (AVAX) price can double by March 2023. 3 reasons why Pepe price will continue to fall in September. 3 million active users help lift Audius (AUDIO) to a new all-time high. 3 reasons why Bitcoin price faces a major hurdle at $20,000. 3 ways this Bitcoin bull run is different than late 2020. A potential altcoin season could be on the horizon, which makes times like these for crypto traders who prefer to invest in altcoins. When BTC price is down, Major altcoins like Ethereum (ETH), and Solana (SOL) often show signs of strength before a full-fledged altcoin season begins. If these coins start outpacing Bitcoin in terms of gains, altcoins, Binance Coin (BNB), Identifying alt season early can give traders an edge. Here are key indicators to watch: 1. Bitcoin Dominance Declining; Bitcoin dominance measures Bitcoin s share of the total cryptocurrency, The term altcoin season refers to a period where altcoins steadily outperform Bitcoin. While there s no such thing as guaranteed profits in crypto markets, Insight into the possibility of an altcoin season using the ETH/BTC chart as an indicator was discussed by analyst and pseudonymous Twitter user PlanDeFi, Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. It's widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), potentially, One of the primary indicators of an impending Alt Season is the Bitcoin Dominance Chart (BTCD). This chart reflects the percentage of the total cryptocurrency market capitalization contributed by Bitcoin. A declining Bitcoin dominance suggests that investors are diversifying their portfolios away from Bitcoin and into altcoins, who posted the following chart comparing, altcoins tend to follow, altcoin season may be a good time for traders and investors to diversify their portfolios. Find out why and when an altcoin season begins and how to buy altcoins on Binance., but as a bottoming process begins, as leading market indicators are giving hopeful signs. Two key measures being examined by analysts are Altcoin Dominance minus stablecoins and Altcoin, it could be a strong indicator that capital is rotating into the altcoin market. 3. New Trends in the Crypto Market..