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21.11 - 12:49
Is ‘Bitcoin season’ real or a maximalist theory?
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cointelegraph.comWith Bitcoin (BTC) continuing to hold ground above the all-important $60,000 psychological threshold for two weeks running, a growing chorus of voices seems to be echoing the sentiment that the market may be in the midst of another “Bitcoin season.”
This basically refers to a window of time where money flows from various altcoins back into the flagship cryptocurrency until eventually, the interest starts to dry up and the capital once again starts to move back into different altcoins.
To assess whether such a notion really exists and is worth paying any attention to, Cointelegraph reached out to Kadan Stadelmann, chief technological officer of Komodo — an open-source technology provider. In his view, the Bitcoin season phenomenon is very
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