Families, the big pancake rises while the altcoins do not, the brothers with full hands of altcoins are particularly melancholic.
So will the altcoin season still come?
Here’s a set of data for everyone, hoping it can help everyone make some money and not fall in the darkness before dawn.
In the bull market of 2017, Bitcoin's highest market cap share was 90%, and at the peak of the bull, the share was 40%.
In the bull market of 2021, Bitcoin's highest market cap share was 70%, and at the peak of the bull, the share returned to 40%.
If we follow a four-year cycle, the peak of the bull might appear next year in 2025, and currently, Bitcoin's market cap share is 60%.
Today, there are only 288 coins on Binance that are rising, while a staggering 974 are falling.
History doesn’t repeat itself, but it often rhymes.
If the bull market ends, Bitcoin should have shorted that wave at 76.
To what position can the big pancake rise? Here’s a prediction for everyone.
Next year we might see Bitcoin at 150,000.
Why can I make money? Because at the beginning of the year, when Bitcoin dropped from 73 to 49, most people thought the bull market would cycle every three years, I still firmly believed Bitcoin would break 100,000 by the end of the year.
At that time, when the big pancake dropped from 73 to 49, and made a second bottom at 52, I said 52 is the bottom.
Those who shorted at that time directly called me an idiot, saying the big pancake was going to 20,000, and most of those who scolded me were losing money, there was nothing I could do.
So don’t chase highs and cut lows, if you hold cash, just hold cash, follow me, and next year everyone will definitely be able to reap rewards, although I am not a master of eternal profit.
But being able to turn 700U into 11,000U and cash out 4,000U while still having 7,000U left, my success rate is still worth many people learning from.
The altcoin season is coming soon, probably in the next one to three months, I hope everyone can hold on.