Trading strategies amid an uptrend or how to buy cryptocurrencies from a rise?

Since the beginning of 2024, the prices of digital currencies have been rising continuously. By March 2024, the price of Bitcoin succeeded in breaking its highest peak, albeit temporarily, and forming a slightly higher peak before falling. But the price soon returned above $65,000 to attempt once again to break through the top and reach the $70,000 barrier. Alternative currencies and Ethereum have also been on the rise since the beginning of the year, and it seems that 2024 will be a strongly bullish year for digital currencies. How can you trade the rising trend? Let's find out!

Principles of bullish trend trading in crypto

First, you must understand what distinguishes the uptrend in crypto so that you can trade the uptrend. Until now, since the emergence of Bitcoin, the market seems to revolve in cycles, each of which lasts for approximately 4 years. Bitcoin experienced a very strong bull market in 2013, then another rise in 2017, a rise in 2021, and finally the current rise, which began in 2023 and is still continuing until now.