Bitcoin Dominance May Delay Altcoin Season

Crypto influencer James Wynn argues that Bitcoin’s dominance may hinder the anticipated altcoin season. According to BlockBeats, Wynn predicts that an altcoin surge won’t occur until Bitcoin hits a new all-time high. Even with this achievement, Bitcoin’s current market share suggests that the time for altcoins to shine might be significantly delayed. 80% of aggressive investors allocate their portfolios towards altcoins, yet Wynn advises for a balanced approach – allocating 99% to Bitcoin and only 1% to meme coins for a potentially better return. This strategy, he maintains, is based on factual observations rather than speculation.