Altcoin Season is Back: Over 140 different BTC Pairs Register Gains— Galaxy (@galaxyBTC) May 15, 2019 This is notable considering that Bitcoin has been scaling the price ladder, seemingly, alone.

Assuming that altcoins manage to record such high gains, they will be replicating a phenomenon last seen in early 2018 before the 2017/2018 bull market lost steam.

On May 9, Josh Rager, a crypto trader and investor, tweeted: “BTC dominance right at Sept 2018 highs.

“99% of you probably disagree with me, and that is great, I’m bullish on alts,” noted BTC_JackSparrow.