🚀 Bitcoin Will Outshine Your Favorite Market. 🚀
Since our breakout of the longterm downtrend from all time highs we have seen very similar patterns occur from all major bitcoin cycles.
1. Every halvening indicated the beginning of next multi year cycle.
2. Fibonacci levels have all played around the 23.6 & 38.2 levels for bear market retracements.
3. Each bull and bear cycle typically have an additional 6 months of life added to each cycle.
By looking at the big picture, bitcoin has only exceeded everybody's expectations with thoughts of it being extremely overvalued. You need to keep in mind how scarce this asset is and that it is being used for real world adoption. For those that think bitcoin will never exceed 100k.. you make me laugh.
Take a look at the volume... it is time to surge. 13.85k is your 6 month high that can be compared to the previous major cycle breakouts as stage 1. Stage 2 breakout will be at all time high of 20k, once broken volume will surge.
Bitcoin gets hedged to run through the altcoin market. When bitcoins sentiment returns to true fomo levels and alts have already began to run, the typical noob retail will return to pump it like crazy in fear of missing the chance of buying alts.
A lot of alts did get flushed out and now sit on bottom to btc pairs ready for liftoff. If you're not accumulating altcoins, you will miss out. Don't get stuck buying at the top and waiting for the next couple of years to run without you.
If the patterns repeat I believe we should see a 30 month bull cycle.
Alts are still cheap and should be looked at as a longterm position.
My favorite microcap cryptocurrency is privacy coin - MASARI
1. Every halvening indicated the beginning of next multi year cycle.
2. Fibonacci levels have all played around the 23.6 & 38.2 levels for bear market retracements.
3. Each bull and bear cycle typically have an additional 6 months of life added to each cycle.
By looking at the big picture, bitcoin has only exceeded everybody's expectations with thoughts of it being extremely overvalued. You need to keep in mind how scarce this asset is and that it is being used for real world adoption. For those that think bitcoin will never exceed 100k.. you make me laugh.
Take a look at the volume... it is time to surge. 13.85k is your 6 month high that can be compared to the previous major cycle breakouts as stage 1. Stage 2 breakout will be at all time high of 20k, once broken volume will surge.
Bitcoin gets hedged to run through the altcoin market. When bitcoins sentiment returns to true fomo levels and alts have already began to run, the typical noob retail will return to pump it like crazy in fear of missing the chance of buying alts.
A lot of alts did get flushed out and now sit on bottom to btc pairs ready for liftoff. If you're not accumulating altcoins, you will miss out. Don't get stuck buying at the top and waiting for the next couple of years to run without you.
If the patterns repeat I believe we should see a 30 month bull cycle.
Alts are still cheap and should be looked at as a longterm position.
My favorite microcap cryptocurrency is privacy coin - MASARI