#BTC has concluded the accumulation phase and enters the initial phase of the bull cycle.

This marks the first year of the bull cycle, indicating a clear end to the bear market.

Altcoins are gaining momentum, with Bitcoin surpassing the $30,000 mark. What comes next?

The market follows distinct cycles typical for crypto, spanning four years and categorized as follows:

- Bear market. = Red

- Accumulation year. = Green

- Bull phase 1. = Purple

- Bull phase 2 (the mania period). = Green

The bear market spanned from November 2021 to November 2022, hitting its lowest point in November.

The accumulation year followed since then, and the current month concludes this period.

Subsequently, a year of bull phase 1 unfolds, often characterized by Bitcoin's gradual upward movement without breaking the all-time high. This occurs in the second year of the bull market.

And what about #Altcoins?

They are poised for significant growth, having mostly emerged from the bear market.

As long as Bitcoin avoids a vertical surge, which isn't expected at this point in the cycle, altcoins begin to show substantial activity, potentially achieving a 5-10x increase.

This represents the initial stage of the cycle. In the past cycle, we witnessed Chainlink rallying towards the ATH in a BTC pair during DeFi Summer.

Looking ahead to the upcoming Spring/Summer, a similar upward trend is anticipated. If you haven't already, now is the time to consider positions in most altcoins.

As illustrated, the purple bull phase 1 stage is where altcoins start to thrive as the BTC pair experiences a significant decline.

This trend is expected to intensify in the phase 2 stage.

Choose your altcoins wisely.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this post/article includes personal opinions. Readers are encouraged to do thorough research before making any investment decisions. Decrypted Labs is not responsible for any financial losses.