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With Bitcoin hitting $67,000, how soon will the altseason arrive
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ambcrypto.comAfter a drawdown period of 188 days and a 55% correction from the top, Bitcoin hit a new all-time high of $67,276 less than 24 hours ago. The turnaround took exactly 3 months, with BTC reaching a cyclic bottom of $29,200 on 20 July 2021.
Since then, the market has collectively recovered on the charts. And, after the likes of Cardano and Solana, Bitcoin has finally registered its own new ATH.
Keeping Bitcoin’s new summit in mind, the narrative for an incoming altcoin season gains even more legitimacy. However, before investors start dumping their capital in mid and small-cap assets, these market signs should be tracked in order to gain maximum efficiency and returns.
Briefly, here is how an altcoin season works –
Now, keeping this flow of
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