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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.”

This refers to the time period in which money is transferred from different altcoins into the flagship cryptocurrency. Once the interest has dried up, capital will move again into other altcoins.