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Altcoin Season (alt ss)? Important telltale signs you need to know

Altcoin Season (ALT SS) Is that what all of you investing coins wish for it to appear? So what is that term? What are the telltale signs? Let's find out with BTA.

Before diving into the article, to be honest, it's been a long time since Hen Vai did not write an article on the website, so if there are any mistakes, please give me suggestions to edit to improve the content.

Past data

First, let's check out the big and small Altcoin Season purchases in the past.

For those of you who already know, don't say, for those of you who don't know, please re-read the knowledge articles on Blogtienao, especially about Bitcoin Dominance (BTC.D) ok

YEAR 2017

  1. 27/11/2017
  • BTC.D: 57.8 – 61.8%
  • TOTAL2: 100-131B
  1. 11/12/2017
  • BTC.D: 67 –> 59%
  • TOTAL2: 125B – 244B
  1. 25/12/2017
  • BTC.D: 48 –> 42%
  • TOTAL2: 232B – 339B
(next week peaked TOTAL2 at 475B and btc.d dropped to 49%)
(after that, although btc.d continued to fall, btc and altcoins were both SML)

YEAR 2018

  1. 26/11/2018
  • BTC.D: 56-57%
  • TOTAL2: 47-55B
  1. 11/12/2018
  • BTC.D: 59%
  • TOTAL2: 40B (bottomed in 2018)
  1. 24/12/2018
  • BTC.D: 56%
  • TOTAL2: 50-60B
In 2018 btc.d fell and sw, altcoin made the deepest bottom and started to recover after nearly 2 years of downtrend.

YEAR 2019

  1. 25/11/2019
  • BTC.D: 64%
  • TOTAL2: 57B
  1. 10/12/2019
  • BTC.D: 67%
  • TOTAL2: 58B
  1. 23/12/2019
  • BTC.D: 70%
  • TOTAL2: 55B

YEAR 2020

  1. 27/11/2020
  • BTC.D: 64% fell to 61.4%
  • TOTAL2: 231B reduced to 200B
  1. 11/12/2020
  • BTC.D: ???
  • TOTAL2: ???
  1. 25/12/2020
  • BTC.D: ???
  • TOTAL2: ???
(You guys should practice reviewing history, you will remember a lot of knowledge to have an overview, so I put a question mark for you to see for yourself, then check the data above to see if there is any difference.) exactly)

ALT SEASON SIGNS

Depending on the experience of each person, there will be different views about ALT SS. As for Hen Vai, can distinguish small, medium and large ALT SS seasons. 

  • ALT SS MEDIUM it's like the uptrend on 7-8/2020 (DOM OFF approx 10%)
  • SMALL ALT SS it's like a few days of uploading and then shutting down (DOM REDUCED ABOUT SOME %)
  • ALT SS BIG FEMALE it's the same as in 12/2017 (DOM HUGE 20-30% OFF)
Ok, let's go into the big ALT SS definition from 2017. That is when btc reaches 20k, then btc drops SML, capital flows from BTC to ETH and the rest of altcoins, causing the coins to jump to the moon. I'm x10, I'm x20, I'm x100, 200...
And from there, AD ?concludes necessary and sufficient conditions for ALT SS BIG FEMALE, that is:
  1. BTC must increase very strongly to a large enough price threshold (maybe 1k like this time or higher)
  2. After BTC stops rising, it will SML to 1/2 or 2/3 of the beard price, then increase and decrease sharply.
  3. After you stop messing around, it will slowly rise again, at that time the coin's sts indicators (ALT/BTC pair) increase sharply, jumping suddenly.

That is the process of increasing the price of ALT SS 2017. If compared to the current time, it is still not a big Uptrend, just a mini alt season (medium or small). 

Up to the time I am writing this article (January 27, 01), we have seen the DOM decrease by about 2021-8%, In another plan, I wrote in the CLOSE FRIENDs group, specifically as follows:

I don't know in which case it will go, but the ad prioritizes it to go with option 1, and if so, for those who have held it for a long time, just hug, if you are afraid, then 50% out, 50% go. And for those who are holding USDT, wait for the dom to react to 66-68% and then watch your favorite alts.

ONE IMPORTANT NOTE TO Brothers

Some of you often ask me if I can do this or that, And honestly, I don't know HOW to answer?

In the immediate future, from the point of view of the ad, 80% of the brothers here trade short-term, and if the ad has a long-term vision, it will not be appropriate, sometimes a few tens of % reduction will cause the ad to be wrong.

Short-term bets are sometimes difficult to analyze, and it follows the rules of PUMP & DUMP, driven by the fish team. So most of you get caught up in the game and it's very easy to SML.

If looking at the long term, then a good product launches a good token, more or less at least x1. And that's why, the new ad is better for long-term bets, simply because it's easy to play. It's only difficult when opening the device every day to see the price, SML is selling at a loss, then 1-2 months later, I regret swallowing when it's xxx.

If anyone asked me if I could LINK, I can tell you, this one can sometimes go up to 100$, from 1$ – 5$-10$ ad also said the same, but the position of 20$ when entering with a short-term trader is very RISK, because you will not be able to wait for a happy ending by market traps. (You can also refer to other coins as well)

Are you HODLer or TRADERs? (please specify), if it is a TRADE, is it short or medium, long term? If it's a Holder, how much will it take to reach the target? It must be clarified first to get good results.

Want to join the BTA group – Close Friends?

BTA CLOSE FRIENDS is 1 BlogTienAo's closed community (BTA) do Happy established, in order to create a small-scale community of like-minded brothers thoughts, intentions, helping each other in accordance with the goal is for the community.

So I also hope all of you when there are No matter what experience, even the smallest, let's share in the spirit of community ok

From small tips, from signals to buy dc, to how to manage personal capital, why do that? Sometimes sharing is also a way to correct it if the experience has a little mistake (by other people's suggestions).

And you want to join the group? It is free, as long as you have more than 10000$ in your trading account, you must interact, share anything, even ask questions. If eligible, please contact the telegram of mod Dat (@datpq) and mod Minh (@pMinh_BTA)

The main group of activities on Telegram, if you don't know how to use telegram, you have to learn how to use it.

On behalf of the BTA team – Hen Vai

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Happy
Happyhttps://blogtienao.com/tac-gia/hen-vai/
Hi, I'm Hen Vai, Founder of Blogtienao (BTA), I'm very passionate about community, that's why blogtienao was born in 2017, hope the knowledge on BTA will help you.
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