Altseason? Not quite

Altseason? Not quite

Altseason usually starts when the crowd cashes in on Bitcoin gains and rolls profits into altcoins. And judging by the price, it looks like Bitcoin has already made people some serious money - time for altseason, right?

Not quite.
This time, it’s institutions who are profiting. Their buying pressure far exceeds what miners bring to the market - and that’s what’s pushing the price up.

And what about the crowd - the so-called retail investors?
They’re not buying.
Bitcoin just feels too expensive to them.

Yes, the same thing was said in July 2017 when BTC hit $4,000, and again in 2021 at $30,000. And both times, the price kept rising, and people eventually jumped in - at $10K in 2017, and even $50K in 2021.

But today, the sentiment is different.
"Too expensive" doesn’t mean "too late" anymore.
It means "I can’t afford it."

I’ve heard this line several times in recent conversations with crypto newcomers. Have you?

There’s still a widespread misconception: that you have to buy a whole Bitcoin.
So instead, people jump straight into altcoins. That might be why we’re seeing many alts outperform Bitcoin lately - while BTC is driven by institutions, altcoins are getting retail flows.

I always try to bust the myths. I explain to people that everyone can swap any altcoin they bought for Bitcoin, even for a tiny fraction of it. On rabbit.io it's absolutely affordable - best rates guaranteed.

Who knows - maybe we’ll even see a reverse altseason soon, with people rotating out of alts and into Bitcoin.
What do you think - is that possible?