How AltSeason Usually takes place

Altseason whispers

How AltSeason Usually takes place

What is Alt Season? 

The term 'altcoin season' refers to a market cycle when altcoins outperform Bitcoin. Factors that can contribute to the altcoin season may include an overall bullish sentiment in the cryptocurrency market; the launch of, or major updates to, altcoins; and a decrease in Bitcoin dominance.

Previous Altcoin Seasons

Two of the most notable, and indisputable, alt seasons occurred from December 2017 to January 2018, and from December 2020 to April 2021.

Bitcoin had its best run to date in 2017 and in its wake, many new coins launched. With the success of BTC, many investors jumped into alternative coins at the time.

BTC had another strong run in 2020 which saw new coins again launch and break records in mere weeks.

Key Indicators of an Altcoin Season

To identify the start of an altcoin season, we need to watch for several key indicators, such as:

  • A decrease in Bitcoin dominance
  • Rising market cap of top altcoins
  • New trends in Web3 and blockchain technology
  • Bullish sentiment in the wider economy
  • Bitcoin reaches a new All-Time High (ATH)

Bitcoin ATH(All-Time High)

The coin's value has skyrocketed to around $63,000 as of midday Wednesday, nearing its record high of almost $69,000 reached in November 2021. It marks a remarkable turnaround for BTC, which had seen its value fall to less than $16,000 in late 2022 and early 2023.

Statistic: Bitcoin (BTC) price per day from June 5, 2021 to February 29, 2024 (in U.S. dollars) | Statista

Bitcoin Halving

There have been three Bitcoin halvings so far

  1. November 28, 2012: The first halving reduced the mining reward from 50 bitcoins to 25 bitcoins per block.
  2. July 9, 2016: The second halving further reduced the reward to 12.5 bitcoins per block.
  3. May 11, 2020: The most recent halving brought the reward down to 6.25 bitcoins per block.

These halvings are programmed into Bitcoin's code and occur roughly every four years, or after 210,000 blocks are mined. They are significant because they reduce the rate at which new Bitcoins are created, ultimately impacting the total supply and potentially influencing the price.

It's important to remember that the future impact of halvings is uncertain and the price of Bitcoin is influenced by various factors beyond just supply.

Read More

Bitcoin Halving Countdown

Bitcoin Dominance

Bitcoin dominance is a key metric used by investors to help determine where we are in the market cycle and plan entries and exits accordingly. The Bitcoin market dominance has its rises and falls, and so does its market capitalization.

Once the Bitcoin share is blown out enough, people see this rise, catch the enthusiasm, and start looking for other opportunities to invest. Bitcoin investments are transferred in altcoins whose prices show explosive growth. That is how it was in January 2017 when the Ethereum price suddenly reached $1,400.

Already during 2019, most cryptocurrencies showed an upward trend. However, the Bitcoin price stands at the core of this trend.

The percentage value is calculated as follows: BTC market cap / Total crypto market cap * 100

Live Bitcoin Dominance percentage

Preparing for altcoin season

involves researching potential investments, diversifying your portfolio, and setting realistic profit targets.

Bullish Sentiment in the Wider Economy

A bullish sentiment in the stock and crypto markets can contribute to the popularity of altcoins and potentially spark an altcoin season. Investors need to monitor regulatory changes and market trends to navigate through this period successfully.


As whispers of an altseason fill the air, let your journey be guided by knowledge. Navigate wisely, prioritize safety, and make informed decisions. Cryptic always makes sure to post the latest news immediately. Be sure to subscribe to our newsletter to never miss out on the hottest news and developments in this rapidly evolving space. Join our community today and stay ahead of the curve!