Bitcoin price has been trading sideways for the better part of the last three months and is consolidating in what most crypto analysts claim is a triangle pattern. The lack of action in Bitcoin markets has caused traders to seek profits elsewhere; This has resulted in the altcoin market where a mini-sized alt season may be underway.
For the majority of 2019, Bitcoin’s bull run has sucked all the excitement and capital out of the altcoin market, causing a massive rise in Bitcoin dominance; A sizeable segment of crypto, including of course the maximalists, have been predicting the eventual disappearance of altcoins altogether.
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