The post Altcoin Season To Begin: Analysts Predict Perfect Buying Zone as Bitcoin Dominance Peaks appeared first on Coinpedia Fintech News
After trading in red for the past few weeks, the crypto market is showing signs of a big opportunity for altcoin investors. With the altcoin market cap already plunged from a January high of $1.64 trillion to $931 billion, top analyst Darkfost believes that it is the perfect moment to buy altcoin as we’ve officially entered a “buying zone.”
On top of that, Bitcoin dominance is on the brink of a major collapse, hinting that altseason could be just around the corner!
Time To Buy Altcoins?According to analyst Darkfost, current altcoin trading volumes have entered a key accumulation phase, making this an ideal time to begin buying altcoins using dollar-cost averaging (DCA).