Bitcoin has been on a meteoric rise as of late. Does this mean the end of altcoins? Historically, a rise for Bitcoin has been bad news for alts. Today we will look at some past Bitcoin charts to make sense of it all. By the end of this video, you’ll know whether alt season is coming or if it’s time to give up on altcoins and run for the hills.
In this video, I will be breaking down EXACTLY what altcoins did during the last bull market for Bitcoin. The altcoins we will be looking at are Ethereum, XRP, Litecoin, Monero, and DASH. We chose these altcoins because they were already established and relatively stable. By examining the movement of these altcoins during the Bitcoin bull run, we can get a better idea of what might happen if Bitcoin keeps rising in the near future. Is alt season on the way? Find out.
0:00 – Intro
3:06 – Bitcoin chart: October 2016 through January 2017
4:30 – February 26th through April 2nd
6:01 – April 9th through June 19th
7:49 – June 19th through July 30th
8:40 – August 27th through November 5th
10:06 – November 12th through December 10th
12:51 – Closing Thoughts
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