When is the next alt season?

[indianCrypto]

The majority of my portfolio is in altcoins and I am currently 29% in profit which I am happy with considering the Bitcoin halving is still 3 months away.

This is my first bull run over the next few years so I am just wondering when do altcoins usually start really pumping, is it long after the Bitcoin halving?

[CryptoboyRamesh]

I think a lot of altcoins are already starting to increase now mainly because of bitcoin’s increase in price and the anticipated halving event

You can expect altcoins to pump more in the next following months guaranteed that bitcoin will be increasing more thus trust in the cryptocurrency scene will be heightened  still note that altcoins are extremely volatile and are much harder to predict it is still best to keep an open mind and observe altcoins that you hold

[MrSpasybo]

You can check the Altseason index here: https://www.blockchaincenter.net/en/altcoin-season-index/

Normally, about 6 months after Halving, BTC will grow strongly, creating motivation for Altcoins to increase, then BTC will increase slowly or go sideways while Altcoins will continue to increase and appear to be superior to BTC. That's Altseason.
BTC halving is coming in April, I think the end of this year is a good time to watch and confirm Altseason.

[hair]

You can check the Altseason index here: https://www.blockchaincenter.net/en/altcoin-season-index/

I have checked the link you have provided. how to read the pattern?
does it mean that if I touch 75%, the altcoins season has started?

[MrSpasybo]

You can check the Altseason index here: https://www.blockchaincenter.net/en/altcoin-season-index/

I have checked the link you have provided. how to read the pattern?
does it mean that if I touch 75%, the altcoins season has started?

It is difficult to predict the start of Altseason, this Index is just information to confirms that. When 75% of the top 50 altcoins grew faster than BTC in the last 3 months, it can be considered Altseason.
Another way that we can identify earlier: is the reversal from increase to decrease of BTC.Dom, but this requires technical analysis knowledge.

[hair]

It is difficult to predict the start of Altseason, this Index is just information to confirms that. When 75% of the top 50 altcoins grew faster than BTC in the last 3 months, it can be considered Altseason.
Another way that we can identify earlier: is the reversal from increase to decrease of BTC.Dom, but this requires technical analysis knowledge.

Oh I see, but at least this pattern can help as an indicator for us to predict the upcoming altcoins season. I think it will happen at the end of 2024, maybe we will know soon after the btc halving

[nazor]

at the beginning of 2024 bitcoin starts to rise, this affects all coins. This is the moment for us to seek profits every day, even now is the right time to trade in the short term. Don't buy to keep coins for the long term.. as the day goes by Bitcoin will continue to increase and the price will continue to rise from the previous price.