- According to the analyst, ETH/BTC is a key trading pair to keep an eye on in the next few weeks.
- He also shared that a drop in BTC’s dominance may be an early indication of the altcoin market entering a rally.
- Altcoin Sherpa revealed in an X thread yesterday that December and January are ideal times to trade cryptocurrencies.
The cryptocurrency trader and analyst Altcoin Sherpa revealed in an X thread yesterday that December and January are “some of the absolute best times of the year to trade/buy crypto.” According to the post, Bitcoin (BTC) nearly always does well during this period, even in bear markets.
December and January are some of the absolute best times of the year to trade/buy Crypto. $BTC nearly always does well (even in bear markets) and $ETH outperforms.Altseasons are born during these times.
Quick thread: pic.twitter.com/nHxnBulans
— Altcoin Sherpa (@AltcoinSherpa) October 5, 2023
The analyst mentioned that the leading altcoin Ethereum (ETH) tends to outperform the rest of the altcoin market in December and January as well. This normally leads to the activation of altcoin seasons.
In order for traders and investors to gauge when t…
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