While speculation regarding an ‘Altcoin Season’ persists in the cryptocurrency market, seasoned trader James Wynn emphasizes the importance of Bitcoin’s price performance. He argues that a new Bitcoin all-time high (BTC ATH) serves as the critical signal for a wider market rally to begin. This perspective is based on historical trends, where Bitcoin often sets the tone for major bull runs and subsequent Altcoin Season. 50 altcoins are considered for this season and their performance usually outperforms Bitcoin by a wide margin. This cycle typically unfolds after Bitcoin reaches a new ATH, attracting capital and fueling wider market gains. Wynn highlights that narratives suggesting institutional shifts like BlackRock’s focus from Bitcoin to Ethereum should be approached with skepticism as they can serve to manipulate the market for short-term profits.