Is it altcoin season yet? Not yet. At Token2049 in Singapore, most of the traders, fund managers, marketing agencies and project founders I talked to don’t believe Bitcoin has a two-year bull market ahead of it, and many of them expect Bitcoin to revisit 60K to 70K first. That doubt is why alts capitulated on a small Bitcoin dip. My view: the 50-week SMA bull market support band holds, the bull run has started, and I am buying, not selling.
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