Some opinions on escaping the top of the bull market, after reading it, you will know why Bitcoin can't fall.
If we look at the previous bull market, 25 years is undoubtedly a crazy bull market, and it is also the time when we should escape the top.
But is it really so? Let's think about why Bitcoin has broken the previous high of 6.9w, while Ethereum has not broken 4.8k, or even far less than 4.8k? The answer is that in this round of bull market, BTC's ETF passed, which made Bitcoin flow into a large amount of traditional funds, so it came to the previous high of 6.9w in advance at this time point.
After breaking the previous high of 6.9w, many cryptocurrency bloggers speculated that Bitcoin would pull back to 5w, 4w or even 3w. But why did Bitcoin stick to 6w+ many times? Even this week's weekly line closed above 7.1w, and the market outlook is undoubtedly upward.
The answer is that Bitcoin output will be halved in April, ETH's ETF will be passed in May, and the US will cut interest rates in June. These three super benefits will undoubtedly accelerate the development of the market.
Combined with the fact that the whales in this round generally agree that Bitcoin is 10-15w, we have to consider whether this goal will be achieved by the end of the year. After Bitcoin peaks, Ethereum will take over and rush higher, followed by altcoins. The whole process will end soon, probably within three months.
This round of bull market will also end at the beginning of 25 years, rather than the end of 25 years corresponding to the peak in November 21 years!
Then we need to re-examine the time to escape the top of the altcoins in our hands, and we must escape the top in everyone's crazy fomo mood, rather than profit taking or even loss!
