Throughout the history of cryptocurrencies we have only had 2 altseasons and I have only experienced one, but analyzing their behavior and knowing that the markets are very cyclical and similar, we are going to analyze when it is possible that we see an altseason. Here we have in red the dominance of $BTC

Against all the rest of the currencies, if we have very high values ​​or percentages this means that the risk tolerance is low, and then all the capital moves to increasingly safer assets such as #btc or $ETH

But when it loses dominance, we are going to see the opposite and what is called altseason since profits are going to be taken in bitcoin to invest them in something more risky; Before 2017 we had very few assets so bitcoin dominance was between 95% and 75%, there was only ETH, XRP, Litecoin and I think Ada, and the dominance fell into a free fall since everyone in btc was in profits, because it was breaking historical highs and something very similar is going to have to happen to have an altseason in these months.

Then in 2020 we had very similar movements, since it was not until btc consolidated 2 or 3 weekly closes above ATH that the dominance began to fall.

Something to keep in mind is that these very parabolic movements that make people rich last very little between 2 and 4 months, and 80% of the movement that they will have from their minimum to their new cycle maximum is generated.

So the moment we start an altseason we will have upward movements of 3-5% at $BTC and altcoins will rise 15-20% in a day.