If history is our guide, a new bullish cycle for Bitcoin is on the horizon.
So, the bullish cycle kicks in, yet we're in the "disbelief" phase, not fully sensing the Bitcoin uptrend. In each cycle, clarity comes after the fact.
When we glance at the 2017 or 2021 cycle charts, it seems so obvious to invest at the cycle's bottom.
But in reality, it's not that simple... Fear reigned at every cycle's low, just like now. That's the investment's allure and the difference between a profitable and non-profitable investor.
How about Altcoins?
Most major Altcoin charts offer tantalizing mid-term investment setups.
The charts share similar trajectories, here's a glimpse:
Phase 1: Exponential price surge in the 2020-21 cycle, price becomes overvalued.
Phase 2: Price capitulation (-80 to -95%), whales profit, investors panic, price becomes undervalued.
Phase 3: Time-based capitulation (1 to 2 years), investor interest wanes, whales accumulate for the next cycle. A great buying opportunity!
Phase 4: History shows that if a cryptocurrency boasts strong fundamentals, after time-based capitulation (3), the cycle repeats, leading to a new exponential rise.
Numerous altcoins present exceptionally favorable buying moments. So, we're vigilantly monitoring the scene. 🚀💰