Isn't that strange when #BTC is at $60K still other alt-coins are at its lowest prices. They moved only 20-30% up when Bitcoin was at its all time high.
I noticed many coins which only moved 20% in price when #BTC was at its all time high or you can say more than 150% growth in Bitcoin.
In such case of BTC growth I thought other altcoins will move more than 200% and unfortunately that did not happened.
Many investors are confused in such scenario that either Alt-Coins will pump any time? This is really a good question and it must be answered by the experts.
No doubt, #Bitcoin is the safest and strongest coin and all large institutions, whales and organizations will prefer BTC as a best source of income.
Just like recently, #BLACKROCK company bought huge amount of #Bitcoin and that was the reason of BTC pump. If I say that 80% of the Bitcoin price rise is because of blackrock then I will not be wrong.
Because they consider #Bitcoin the safest investment. But the question is till when they will hold Bitcoin? Because Bitcoin is totally neglected by other individual investors.
They are looking towards Alt-coins because they consider Bitcoin the overbought coin. Also BTC has not that much potential to give you more profit from this price.
The same thinking is also with other large companies. Even Blackrock may transfer their BTC holdings to altcoins and thats only the matter of time.
Therefore, Alt-season will come very soon and I think alt coins will grow in this bull run.
I think right now is the best time to invest in altcoins because when companies will start buying you will not opportunity for investment.
What do you people think about alt-season? When it is going to start? Will be glad to see your answers in the comment section.
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