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Is ‘Bitcoin season’ real or a maximalist theory? -Breaking

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© Reuters.

With (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.”

It basically means that money is flowing from different altcoins into the flagship cryptocurrency for a certain amount of time before the interest stops and capital starts moving back to other altcoins.