The crypto market as been booming this past few months with a lot of activities and trading opportunities presenting itself in both the Altcoins and the Bitcoin market.
This week, that volatility as only increased as we see numerous Altcoins finally recovering the losses they made since the start of the Bitcoin bull run.
I was able to correctly predict both the crash and the recovery of this Altcoin market “Rising Bitcoin Dominance And The Crashing Altcoin Market. What Next?“, putting my numerous readers in the best position to benefit from both the rise and fall of the Altcoin market.
In this Bitcoin analysis, I will be taking a fresh outlook on the Altcoin market. I will be giving you my take on the current Altcoin market recovery, the crashing Bitcoin Dominance, the coming Altcoin season, and how best to structure your crypto portfolio.
A Rising Altcoin Market. What Does It Mean For Bitcoin?
The Bitcoin Dominance as been crashing, sending the Altcoin market rallying for the past few days.
I expect this bullish rally to continue throughout the month, especially since we have a lot of positive news and new investments constantly coming into the crypto market throughout this period.
However, the big question crypto traders are asking is “will this Altcoin rally affect the 2020 Bitcoin bull run?”
And the answer to this question is NO. Instead what I believe will happen is that Bitcoin will lead the way while Altcoins will follow closely.
However, it is also important to note that we might see a few Altcoins that might outperform Bitcoin during this bull run. This gives crypto traders a lot of trading opportunities to make money from both the Bitcoin and Altcoin markets.
How Should You Structure Your Crypto Portfolio For The Coming Altcoin Season?
Having a well-structured portfolio can help you take full advantage of the current crypto bullish trend both in the Bitcoin and Altcoin markets.
And the best portfolio structure for this type of market is to have 80% to 90% of your funds in the Bitcoin market. This way you can partake in the lion share move and make money from the massive move coming to the Bitcoin.
20% to 10% of your portfolio can then be invested in ETH and various Altcoins that are also performing amazingly throughout this period.
This type of portfolio structure will help you to be fully exposed to the price volatility in both the Bitcoin market and the Altcoin market.
For a list of the top best Altcoins to put on your watch list and trade during this coming bull run, check out my Top 25 Cryptocurrencies by Market Capitalization
To gain more information on how to partake in this coming Bitcoin Bull run and trade this cryptocurrency, you can read my How To Trade Bitcoin Guide. You can also check my top list of Best Bitcoin Exchanges To Trade With.