Expected: Bitcoin Rise Triggers Altcoin Season 📈💥
Amid the noise of the market, here is a simple yet logical analysis:
1. Bitcoin halving, price surges - whether to $70,000 or $250,000.
2. Whales and the market sell at highs, create panic, spread negative news (war, crash).
3. This panic pushes Bitcoin down, igniting altcoin breakouts.
4. As Bitcoin falls, whales reinvest in altcoins at low prices, driving the altcoin season boom.
5. Buy Bitcoin when you buy Bitcoin, invest in altcoins when you buy altcoins.
6. Expect a rise in negative news - the worse the news, the higher the market rises.
Key principle: trade with 30% of capital, keep funds for crises, and seize opportunities. See my pinned post
The crypto market experienced a sharp drop on April 12, and the altcoins generally fell back by 50%-80%. Many fans' assets were halved. Brother Shijie was also deeply saddened and regretful. Next, I will prepare some coins suitable for bargain hunting and output them in the planet of Sanjin. If you get lost, come and follow us to find your way