If you still doubt the arrival of an Altcoin Season, let me show you the strict cyclical nature of the Crypto market.
Take a look at the total market cap chart (excluding Bitcoin and Ethereum), and you’ll notice the following astonishing similarities:
From the peak of altcoins, the market enters a downtrend lasting 12 months.
From the bottom of the downtrend, the market recovers to the previous peak within 24 months.
From the point of recovery to the previous peak, the market experiences 12 months of growth to establish a new peak.
As of now, the movement of the Altcoin market shows a highly consistent cyclical pattern and striking similarity to the previous two cycles. With the total market cap of altcoins nearing the peak of 2021, we seem to be just entering the growth phase. This means we likely have a year ahead to enjoy the growth in this cycle.
Understanding the market’s cyclical nature is crucial because “the trend is your friend.” By identifying the main trend, we can make appropriate plans to maximize the potential of this growth season.
Let’s begin to enjoy the party – a party we’ve been waiting for over two years!