Is the crazy bull market coming?

From historical trends, 7 to 8 months after halving is typically when the altcoin season erupts;

The second halving, in July 2016, saw Bitcoin's price rise to around $1,000 after 7 months, leading to an epic bull market, with ETH becoming the leader among altcoins, skyrocketing 140 times, and other altcoins like LTC, XRP, and BCH also started to experience explosive growth during this period.

The third halving, in May 2020, saw Bitcoin break through the $20,000 high after 7 to 8 months (from late 2020 to early 2021), and the altcoin market began to welcome the 'DeFi craze' and 'NFT craze,' with UNI, AAVE, COMP, AXS, Flow, etc., becoming hot topics, while other well-known altcoins like BNB, ADA, FIL, DOT also started to surge, driving the entire altcoin market to a massive explosion.

The fourth halving is in April 2024, and now it's exactly 8 months later, all external conditions are already in place, and it's time for a significant explosion in altcoins.

Looking at the current specific market situation, every time Bitcoin sets a new high, it immediately gets a sharp drop, almost without exception, mainly to liquidate those high-leverage buyers. If nothing unexpected happens, this wave of Bitcoin is aiming for $120,000, and after Bitcoin's stagnation, it will be the time for altcoins to take over and rally.