Many in they crypto community see the new ATH of BTC and know Alt season is a thing and coming. Maybe even here. In the past we have 4 year cycles based on what BTC does. ETH, SOL, and others are beginning to surge up as BTC hits new ATH. However be aware that the signs of a top are starting to show. With main stream news talking about new ATH and more influencers getting on board with got to buy now before New highs. We know the end of the bull market is near, or is it?
This is the first time laws and regulation have been opening friendly with crpytocurrency. More liquidity is about to be available to the market and more companies are indirectly getting exposure to the now more mainstream asset class. This market could easily surge very high with the bullish news. So the quesiton is, do we see the end of the bull cycle around October/November? Based on previous cycles we see cycles last and peak around 1000 days +/- a month or more. Do we see the bull cycle come to a massive correction again or do we see a small one and a more stable value over time?
No one will know and should be cautious with the growing buzz around the crypto asset. Short time I believe we will see some moderate to very high values followed by a correction of 30-80% for non blue coins or at least anything not in the top 25 assets. I believe massive profits will be taken but there is a good chance with a crypto friendly US government we could see more stability in the prices.
Not finacial advice just thoughts on the current sentiment of the market.
This is the first time laws and regulation have been opening friendly with crpytocurrency. More liquidity is about to be available to the market and more companies are indirectly getting exposure to the now more mainstream asset class. This market could easily surge very high with the bullish news. So the quesiton is, do we see the end of the bull cycle around October/November? Based on previous cycles we see cycles last and peak around 1000 days +/- a month or more. Do we see the bull cycle come to a massive correction again or do we see a small one and a more stable value over time?
No one will know and should be cautious with the growing buzz around the crypto asset. Short time I believe we will see some moderate to very high values followed by a correction of 30-80% for non blue coins or at least anything not in the top 25 assets. I believe massive profits will be taken but there is a good chance with a crypto friendly US government we could see more stability in the prices.
Not finacial advice just thoughts on the current sentiment of the market.
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