Despite the powerful growth of BTC, altcoins have so far reacted very weakly, only individual coins are shooting. It just so happens that in times of uncertainty, money flows into Bitcoin.

Bitcoin dominance has been growing since September 2022 and now stands at 48%. To see the Altseason, you need to go below 44%, but so far there is growth and perhaps we will break through 50% in the coming days.

The altseason comes when Bitcoin has already shown quite strong growth and investors begin to transfer their profits from BTC to other coins in order to maximize their profits. Due to the large influx of capital, the viola begins to “shoot” - to show large and intensive growth.

There are currently three factors that could trigger an altcoin season:

1.Move funds from Bitcoin to other cryptocurrencies.

2.Regulator decisions

3. Powerful trends such as NFTs and DeFi, which include altcoins.

US regulators have emphasized many times that Bitcoin is a commodity, but they have not yet clearly decided on alctoins - I can recognize them as securities. Institutional investors are most likely waiting for a decision on the XRP court, which has again been postponed to May. If the decision is in favor of XRP, we will see the altseason in May.

In general, now is a favorable period for gaining positions in alts. When the alt season starts, the profitability of alts will be greater than #BTC