The cryptocurrency market operates according to predictable patterns, and as long as these patterns persist, they are unlikely to change. By analyzing past market cycles, we can draw valuable insights and prepare for the next wave.
Let's take a look at how Bitcoin (BTC) and Ethereum (ETH) have performed in previous bull runs:
The Bull Run of 2018:
BTC rose from $286 to $19,000.
ETH followed suit with an increase from $9 to $1,400.
The Bull Run of 2021:
BTC soared from $4,000 to $67,000.
ETH also mirrored this growth, rising from $100 to $4,200.
Now, let's look forward to 2024 based on the following patterns:
If BTC rises from $15,000 to the range of $100,000, we can predict that ETH will far exceed BTC's growth rate in terms of multiples, potentially doubling BTC's performance.
Plan:
Stay disciplined and ride the waves. Hold your position to maximize profits during peak periods. As the market approaches its peak, start selling off a significant portion of your holdings strategically to secure profits. The key to success is recognizing patterns, being patient, and taking decisive action when the opportunity arises.