Altcoins bullish season is coming!

in hive-109435 •  24 days ago 

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When you expect that Altcoins bullish season is coming and how long it will lasts according to your expectations and analysis?

In my view the altcoin bullish season has already begun the signals are visible, increasing trading volume, renewed interest from investors and breakout in many altcoins are indications that we are just at the beginning of what will be a very explosive phase and data have shown that typically after BTC takes a dominant bearish run, gains the heights, has its commanding portrait, other alts are quick to mimic the bull run and this cyclical pattern is repeated again and I expect an altcoins boom to last longer this time.

The only difference in this cycle is the fact that most of these markets’ are already mature so it’s not just pump and dump schemes; there is enough real change happening behind all this, various layer-2 scaling solutions, decentralized finance, improvements in non-fungible tokens, and integration of blockchain into different sectors are providing numerous alts with practical use cases and investor trust.

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I’m convinced that this bullish season will last longer than previous similar ones as we will see, the legal environment in some areas is becoming less ambiguous, and the interest of institutions in altcoins is providing a more solid base for the expansion. Higher-quality projects with easy to understand applications will dominate the market, while the general market may continue to be overoptimistic as fresh stories take shape.

Of course, we have high and lows in each bullish phase but overall it is seen that the graph looks more up and the reason is to separate the real long-term projects from mere fad product projects of previous years.

Well, guess what to me, altcoin season isn’t just around the corner, no, it is indeed, already here and this time, it is slated to bring about the change more profound and sustainable that has been imagined even before so no matter if you are a trader, an investor, or an active participant of the cryptocurrency market , the coming months and perhaps, years may be amazing....have a wonderful day.

Thanks for reading my post I'm inviting @goodybest, @mdsuhagmia and @vickmoon to participate in this contest.

Cc:

@khursheedanwar

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