Legendary Trader Peter Brandt Announces Altcoin Season’s Start

Key Points

1. Peter Brandt, a veteran trader, tweeted 'It's altcoin season,' indicating a shift in the cryptocurrency market favoring altcoins over Bitcoin.

2. The total cryptocurrency market cap is approaching $1.7 trillion, nearing the 2021 peak, with Bitcoin's dominance currently around 64%.

3. Jeremie Davinci, an early Bitcoin adopter, believes the altcoin season hasn't fully started but warns that many will be 'too late' when it does.

4. Davinci is not solely focused on Bitcoin and actively discusses and invests in various altcoins, including SHIB, DOGE, and PEPE.

5. Davinci has predicted Bitcoin could reach as high as $500,000 per coin in the future.