OP Yesterday - 09:58 AM
Key Stages of the Cryptocurrency Market Cycle:1️⃣ Bitcoin Breaks Its Peak First
8️⃣ A 50% Market Correction Lasting Three Months
- Bitcoin leads the way by reaching new highs.
- It attracts liquidity and outperforms altcoins.
- About a month after Bitcoin’s surge, the market cap of altcoins reaches its previous high.
- Once the market cap breaks past its historical peak, altcoins experience a wild rally.
- Altcoins begin to outperform Bitcoin significantly.
- Bitcoin then recovers slightly, but altcoins bounce back more aggressively, setting new all-time highs alongside a surge in the altcoin market cap.
- At the end of this phase, which lasts two weeks to a month, it’s crucial to exit the market. This marks the end of the explosive rally.
8️⃣ A 50% Market Correction Lasting Three Months
- The market undergoes a significant correction, losing about half of its value.
- A final upward movement occurs, with 20% of altcoins setting new all-time highs while 80% climb but don’t surpass their previous peaks. This phase lasts two months.
- After this, the bear market begins.
- Derived from 12 years of experience in cryptocurrency.
- Based on four full market cycles.
- Wisdom from an investor who held Bitcoin from $600 to its current value without selling.
- This guide is written as a duty to share hard-earned knowledge.