Today's direction is expected to set a new high again?
Bitcoin reached a high of $69,000 in the last bull market on March 5, 2024, and hit a historical high of $73,700 on March 13.
In each bull market, when Bitcoin breaks through the highest point of the previous bull market, the alt season will come, and there will be a crazy catch-up.
This round of alt season has arrived, the new WIF BOME has skyrocketed dozens of times, the old PEPE SHIB and other old MEME have also skyrocketed 10 times, and doge BCH has also doubled.
At present, the market value of Bitcoin accounts for 51%, which is still high. ETH has not broken through the high point of the previous round of history, indicating that the alt market is still in its early stages. The alt season in the previous two bull markets lasted for 5-6 months. This round of alt season has only started for about 1 month, and there is still plenty of time for it to perform. It is expected to last until August-September 2024. At that time, pay attention to the market value share of the big cake, which is expected to fall below 35%. At that time, pay attention to the risks of altcoins.
So far this round, SUSHI has not performed as well as doge BCH, but there is still a very high probability that it will break through the 23 US dollars in the last bull market. Just hold on patiently, and there is still 12 times of room for growth.