Bitcoin nearly down 30% from 2019 high, where is alt season?
https://t.me/Crypto_World_News
With Bitcoin tinkering on a nearly 30% decline in price since reaching it’s new yearly high, most people will be wondering “when alt season?”
Bitcoin has seen a major correction of nearly 30% since reaching the new yearly high of $13,800. The recent price correction means most traders have been keeping a keen eye on altcoins for alt season, which does not seem to be coming anytime soon.
Bitcoin looks set for more blood and could test lower $9,000 levels according to traders. Everyone will be expecting Bitcoin to possibly find support between mid-$8,000 levels and mid-$9,000 levels, which would allow altcoins some space to recover against Bitcoin.
Alt season most likely does not look set to be happening anytime soon as most traders expect. While Bitcoin is still extremely volatile, alt coins have recovered slightly in BTC pair, however USD pairs continue to slide with Bitcoin.
