The cryptocurrency market is experiencing alternating cycles of growth and decline, but the overall price trend remains upward.
In the current bull cycle that began in January 2023, Bitcoin has recorded significant increases in both duration and value. The rise in new investments alongside additional capital from existing investors suggests that the market may be entering the final phase of this cycle.
The percentage of Bitcoin traded under one month has reached 36%. Although lower than the peaks of previous cycles, the long-term trend remains down, forecasting that the market could peak in Q1 or Q2 of 2025.
However, instead of a single peak, this percentage could surge 2-4 times, leading to overheating and subsequently a decline cycle. Therefore, the expectations for significant profits from Bitcoin and altcoins still remain.
Nonetheless, caution and risk management are necessary, so I plan to gradually sell my assets.