{"id":386619,"date":"2019-06-18T20:01:44","date_gmt":"2019-06-18T20:01:44","guid":{"rendered":"https:\/\/wncen.com\/?p=386619"},"modified":"2019-06-18T19:40:14","modified_gmt":"2019-06-18T19:40:14","slug":"crypto-altcoin-season-bitcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/","title":{"rendered":"Crypto Analyst: Don&#8217;t Expect Altcoin Season Until New Bitcoin All-Time High"},"content":{"rendered":"<p>Since the start of 2019, crypto investors and traders have been watching and waiting for the promise of &#8220;alt season,&#8221; a period in which altcoins outperform <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> significantly. There have been a few glimmers of an alt season starting, but Bitcoin&#8217;s parabolic rally has stopped it short in its tracks.<\/p>\n<p>A &#8220;real&#8221; alt season may still be aways off, and not until Bitcoin reaches a new all-time high, according to one prominent crypto analyst and if past performance can help predict the future.<\/p>\n<h2>Is Alt Season Almost Two Years Away Still? Depends on Bitcoin All-Time High<\/h2>\n<p>Bitcoin continues to rise, yet altcoins continue to bleed out both in USD value and relative to their BTC trading pairs. Crypto traders are dumping their alts into the first ever cryptocurrency, either due to FOMO&#8217;ing into Bitcoin&#8217;s rally, or through <a href=\"https:\/\/wncen.com\/2019\/06\/14\/binance-us-usa-crypto-exchange\/\">derisking in the face of mounting regulatory pressure<\/a> and one of the largest crypto exchanges eventually cutting off a portion of its userbase.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/06\/14\/crypto-altcoins-binance-bitcoin-us\/\">Clearing Up the Crypto Confusion For US-Based Binance Traders of Altcoins\u00a0<\/a><\/strong><\/em><\/p>\n<p>The increased sell pressure on alts has helped Bitcoin break through resistance, completely<a href=\"https:\/\/wncen.com\/2019\/06\/10\/bitcoin-head-and-shoulders-crypto\/\"> ignored a massive head and shoulders pattern<\/a> the market was eyeing, and continued on its <a href=\"https:\/\/wncen.com\/2019\/06\/12\/bitcoin-price-crypto-market-cycle\/\">rally towards $10,000<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">First &quot;real&quot; alt season started after we hit new ATH back in February 2017.<a href=\"https:\/\/twitter.com\/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$LTC<\/a> went up 700%<a href=\"https:\/\/twitter.com\/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$XLM<\/a> went up 3200%<a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$XRP<\/a> went up 5300%<a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$ETH<\/a> went up 1060%<\/p>\n<p>It also happened after the <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a> halving which is in 339 days.<\/p>\n<p>Is it gonna be different this time? <a href=\"https:\/\/t.co\/EL3oWkDpdN\" rel=\"nofollow\">pic.twitter.com\/EL3oWkDpdN<\/a><\/p>\n<p>&mdash; Livercoin (@Livercoin) <a href=\"https:\/\/twitter.com\/Livercoin\/status\/74236672?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 17, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, according to one <a href=\"https:\/\/twitter.com\/livercoin\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">crypto analyst<\/a>, the leading crypto by market cap will need to push even higher in the coming days for alt season to occur once again.<\/p>\n<p>According to the trader, the first &#8220;real&#8221; alt season stared after Bitcoin set a new all-time high back in February 2017. The previous all-time high had been set back at the top of the 2013 bull run peak, where Bitcoin had reached over $1,o00 for the first time.<\/p>\n<p>In February 2017 when Bitcoin breached that number for the first time, a &#8220;real&#8221; alt season kicked off that saw <a href=\"https:\/\/wncen.com\/2019\/06\/12\/litecoin-price-halving-crypto-bitcoin\/\">Litecoin increase by 700%<\/a>, Stellar gain as much as 3200%, Ethereum grow by 1060%, and Ripple explode a staggering 5300%.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/06\/18\/crypto-ripple-xrp-price-bitcoin\/\">Crypto Analysts: Ripple Most Bullish USD Chart, XRP Target 2000% Gains\u00a0<\/a><\/strong><\/em><\/p>\n<p>All of this happened after the Bitcoin halving, which is still 339 days away. It&#8217;s surprising that alt season may be so far off, as altcoins have been in their <a href=\"https:\/\/wncen.com\/2019\/04\/18\/altcoin-trader-bitcoin-accumulation-phase\/\">longest accumulation pattern<\/a> yet. Regardless of the timeframe, most crypto analysts agree that at least three of the four aforementioned altcoins are primed for a massive movement upward, both in USD value and relative to BTC. These coins are expected to greatly outperform Bitcoin in the coming months.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Another interesting fact :<\/p>\n<p>Both bottoms formed +- 530 days before the Bitcoin halving. <\/p>\n<p>A potential alt season is only 600 days away!!! You better start accumulating. <a href=\"https:\/\/t.co\/i8zQ0rrJav\" rel=\"nofollow\">pic.twitter.com\/i8zQ0rrJav<\/a><\/p>\n<p>&mdash; Livercoin (@Livercoin) <a href=\"https:\/\/twitter.com\/Livercoin\/status\/24987136?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 17, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Also, it&#8217;s important to note that the Bitcoin halving is still 339 days away, but both bottoms \u2013 Bitcoin and alts \u2013 formed about 530 days before the Bitcoin halving. This means that any potential alt season could be as far as nearly two years away.<\/p>\n<p>But as we&#8217;ve seen with Bitcoin transitioning from <a href=\"https:\/\/wncen.com\/2019\/06\/10\/bitcoin-crypto-investors-bear-bull\/\">bear market into bull<\/a>, the momentum this time appears to be stronger now that institutions have become involved, and the market cycle seems to be increasing in rate. Should this be the case, much like Bitcoin left lows sooner than expected, an alt season may also arrive sooner than anyone is prepared for.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the start of 2019, crypto investors and traders have been watching and waiting for the promise of &#8220;alt season,&#8221; a period in which altcoins outperform Bitcoin significantly. There have been a few glimmers of an alt season starting, but Bitcoin&#8217;s parabolic rally has stopped it short in its tracks. A &#8220;real&#8221; alt season may still be aways off, and not until Bitcoin reaches a new all-time high, according to one prominent crypto analyst and if past performance can help predict the future. Is Alt Season Almost Two Years Away Still? Depends on Bitcoin All-Time High Bitcoin continues to rise, yet altcoins continue to bleed out both in USD value and relative to their BTC trading pairs. Crypto traders are dumping their alts into the first ever cryptocurrency, either due to FOMO&#8217;ing into Bitcoin&#8217;s rally, or through derisking in the face of mounting regulatory pressure and one of the largest crypto exchanges eventually cutting off a portion of its userbase. Related Reading | Clearing Up the Crypto Confusion For US-Based Binance Traders of Altcoins\u00a0 The increased sell pressure on alts has helped Bitcoin break through resistance, completely ignored a massive head and shoulders pattern the market was eyeing, and continued on its rally towards $10,000. First &quot;real&quot; alt season started after we hit new ATH back in February 2017.$LTC went up 700%$XLM went up 3200%$XRP went up 5300%$ETH went up 1060% It also happened after the #Bitcoin halving which is in 339 days. Is it gonna be different this time? pic.twitter.com\/EL3oWkDpdN &mdash; Livercoin (@Livercoin) June 17, 2019 However, according to one crypto analyst, the leading crypto by market cap will need to push even higher in the coming days for alt season to occur once again. According to the trader, the first &#8220;real&#8221; alt season stared after Bitcoin set a new all-time high back in February 2017. The previous all-time high had been set back at the top of the 2013 bull run peak, where Bitcoin had reached over $1,o00 for the first time. In February 2017 when Bitcoin breached that number for the first time, a &#8220;real&#8221; alt season kicked off that saw Litecoin increase by 700%, Stellar gain as much as 3200%, Ethereum grow by 1060%, and Ripple explode a staggering 5300%. Related Reading | Crypto Analysts: Ripple Most Bullish USD Chart, XRP Target 2000% Gains\u00a0 All of this happened after the Bitcoin halving, which is still 339 days away. It&#8217;s surprising that alt season may be so far off, as altcoins have been in their longest accumulation pattern yet. Regardless of the timeframe, most crypto analysts agree that at least three of the four aforementioned altcoins are primed for a massive movement upward, both in USD value and relative to BTC. These coins are expected to greatly outperform Bitcoin in the coming months. Another interesting fact : Both bottoms formed +- 530 days before the Bitcoin halving. A potential alt season is only 600 days away!!! You better start accumulating. pic.twitter.com\/i8zQ0rrJav &mdash; Livercoin (@Livercoin) June 17, 2019 Also, it&#8217;s important to note that the Bitcoin halving is still 339 days away, but both bottoms \u2013 Bitcoin and alts \u2013 formed about 530 days before the Bitcoin halving. This means that any potential alt season could be as far as nearly two years away. But as we&#8217;ve seen with Bitcoin transitioning from bear market into bull, the momentum this time appears to be stronger now that institutions have become involved, and the market cycle seems to be increasing in rate. Should this be the case, much like Bitcoin left lows sooner than expected, an alt season may also arrive sooner than anyone is prepared for.<\/p>\n","protected":false},"author":517,"featured_media":386628,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,13625,16897,16894,16891],"tags":[30232,428,6664,1946,10,3680,3970],"class_list":["post-386619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-ethereum","category-litecoin","category-ripple","category-stellar-xlm","tag-alt-season","tag-bitcoin","tag-crypto","tag-ethereum","tag-litecoin","tag-ripple","tag-stellar"],"acf":[],"yoast_head":"\n<title>Crypto Analyst: Don&#039;t Expect Altcoin Season Until New Bitcoin All-Time High<\/title>\n<meta name=\"description\" content=\"Ripple, Ethereum, Litecoin, and Stellar, are waiting for Bitcoin to set a new all-time high and kick off an altcoin season.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Analyst: Don&#039;t Expect Altcoin Season Until New Bitcoin All-Time High\" \/>\n<meta property=\"og:description\" content=\"Ripple, Ethereum, Litecoin, and Stellar, are waiting for Bitcoin to set a new all-time high and kick off an altcoin season.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-18T20:01:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-18T19:40:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"4000\" \/>\n\t<meta property=\"og:image:height\" content=\"3000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Crypto Analyst: Don&#8217;t Expect Altcoin Season Until New Bitcoin All-Time High\",\"datePublished\":\"2019-06-18T20:01:44+00:00\",\"dateModified\":\"2019-06-18T19:40:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/\"},\"wordCount\":532,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000\",\"keywords\":[\"alt season\",\"bitcoin\",\"crypto\",\"ethereum\",\"Litecoin\",\"Ripple\",\"stellar\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\",\"Ethereum\",\"Litecoin\",\"Ripple\",\"Stellar\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/\",\"url\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/\",\"name\":\"Crypto Analyst: Don't Expect Altcoin Season Until New Bitcoin All-Time High\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000\",\"datePublished\":\"2019-06-18T20:01:44+00:00\",\"dateModified\":\"2019-06-18T19:40:14+00:00\",\"description\":\"Ripple, Ethereum, Litecoin, and Stellar, are waiting for Bitcoin to set a new all-time high and kick off an altcoin season.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000\",\"width\":4000,\"height\":3000,\"caption\":\"ethereum xrp litecoin bitcoin altcoin alt season crypto\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Analyst: Don&#8217;t Expect Altcoin Season Until New Bitcoin All-Time High\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Analyst: Don't Expect Altcoin Season Until New Bitcoin All-Time High","description":"Ripple, Ethereum, Litecoin, and Stellar, are waiting for Bitcoin to set a new all-time high and kick off an altcoin season.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Analyst: Don't Expect Altcoin Season Until New Bitcoin All-Time High","og_description":"Ripple, Ethereum, Litecoin, and Stellar, are waiting for Bitcoin to set a new all-time high and kick off an altcoin season.","og_url":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-06-18T20:01:44+00:00","article_modified_time":"2019-06-18T19:40:14+00:00","og_image":[{"width":4000,"height":3000,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Crypto Analyst: Don&#8217;t Expect Altcoin Season Until New Bitcoin All-Time High","datePublished":"2019-06-18T20:01:44+00:00","dateModified":"2019-06-18T19:40:14+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/"},"wordCount":532,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000","keywords":["alt season","bitcoin","crypto","ethereum","Litecoin","Ripple","stellar"],"articleSection":["Bitcoin","Cryptocurrency Market News","Ethereum","Litecoin","Ripple","Stellar"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/","url":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/","name":"Crypto Analyst: Don't Expect Altcoin Season Until New Bitcoin All-Time High","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000","datePublished":"2019-06-18T20:01:44+00:00","dateModified":"2019-06-18T19:40:14+00:00","description":"Ripple, Ethereum, Litecoin, and Stellar, are waiting for Bitcoin to set a new all-time high and kick off an altcoin season.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000","width":4000,"height":3000,"caption":"ethereum xrp litecoin bitcoin altcoin alt season crypto"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Analyst: Don&#8217;t Expect Altcoin Season Until New Bitcoin All-Time High"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst: Don&#8217;t Expect Altcoin Season Until New Bitcoin All-Time High","url":"http:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/crypto-altcoin-season-bitcoin\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["alt season","bitcoin","crypto","ethereum","litecoin","ripple","stellar"],"dateCreated":"2019-06-18T20:01:44Z","datePublished":"2019-06-18T20:01:44Z","dateModified":"2019-06-18T20:01:44Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst: Don&#8217;t Expect Altcoin Season Until New Bitcoin All-Time High\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-altcoin-season-bitcoin\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-altcoin-season-bitcoin\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"alt season\",\"bitcoin\",\"crypto\",\"ethereum\",\"litecoin\",\"ripple\",\"stellar\"],\"dateCreated\":\"2019-06-18T20:01:44Z\",\"datePublished\":\"2019-06-18T20:01:44Z\",\"dateModified\":\"2019-06-18T20:01:44Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/06\/bitcoin-crypto-altcoin-alt-season-ripple-xrp-litecoin-ethereum-stellar-shutterstock_1179716254.jpg?fit=4000%2C3000","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/386619"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=386619"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/386619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/386628"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=386619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=386619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=386619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}