The sharp fluctuations of Bitcoin have long taught us to 'go with the flow.'
With the regulatory benefits brought by Trump's election, Bitcoin successfully broke through historical highs. As market attention continues to rise, various key indicators suggest that the strong momentum of this bull market is likely to continue.
As we predicted in September, Bitcoin (BTC) price experienced high volatility and an upward trend after the election. Now, Bitcoin is entering an unknown territory without technical price resistance, and I believe the next phase of the bull market is just beginning.
Why have these old altcoins surged so dramatically recently?
Mainly due to favorable policies from Trump.
He hopes to eliminate all capital gains taxes on cryptocurrencies issued by American companies.
This means that Americans holding cryptocurrencies like ADA, ALGO, XRP, HBAR, etc., will enjoy completely tax-free profits, as the creators of these coins are American companies.
Due to the performance of altcoins surpassing that of their big brother Bitcoin, the cryptocurrency market cap reached a peak of $3.6 trillion last weekend.
In the next two months, ETH and altcoin indices will reach historical highs. After hitting new highs, they will double again within 1-2 months. In the last two cycles, altcoins surged to historical highs eight months after the halving, and this cycle corresponds to January 2025.
Embrace ETH and altcoins in the next six months, with altcoins generally increasing 5-10 times, preparing for the bubble era. Making money will become a simple mode.
The cryptocurrency market is entering a simple mode for making money! The next six months are enough to change your life.
In the future, you may have one of the following two actions:
1. Watching it every day, the more you see the price go up, the more you know that in a bull market, missing out is far more painful than being stuck! You watch every day, and finally can't take it anymore, so you jump in. At this point, you'll find that your cost has increased.
2. Switch positions, look at others that have risen less, and then buy. You have to understand that rising less has its reasons; either the altcoin is weak, and it won't rise even if you buy it, while the one you sold keeps rising, making you anxious! Or the main player is strongly controlling the market, and it won't rise when you buy it, but suddenly one day it surges, provided you can hold it that day.
After several operations like this, the bull market is advancing unknowingly.
Many altcoins are still near the bottom of the entire bull market cycle. Currently, it is still not time to sell; instead, it is the last call before the peak bull market.
End notes
We seem to have gotten used to this kind of expectation: even in an unstoppable bull market, we are bound to encounter significant corrections that will shatter our hopes, dreams, and wallet balances.
There’s a saying in the cryptocurrency world: 'In a bull market, Bitcoin consolidates while all coins rise.' For most people in the crypto space, no matter how much Bitcoin rises, it doesn’t matter; what they care about more is the altcoin season driven by Bitcoin's surge.
Don't be greedy, don't casually switch positions; otherwise, you'll never escape the top!