2024 is about to pass, and 2025 is on the way!
This bull market cycle has been going on since 2024, and the cycle so far is:
BTC ETF launched on January 10 → Until Bitcoin hits a new all-time high, boosting the alt season, and entering the volatile second/third quarter of 2024, Bitcoin continues to break through $50,000 and $60,000, and is currently hovering around $90,000. Foreign institutions have been collecting BTC and ETH chips: Let's take a look at the data of Bitcoin and Ethereum ETFs!
The total assets of BTC spot ETF are 106.68B!!! Accounting for 5.70% of Bitcoin market value
The total assets of ETH spot ETF are 12.27B! ! Accounting for 3.00% of Ethereum's market value
Against the backdrop of Bitcoin's decline, MicroStrategy once again bought 2,138 BTC at a total price of US$209 million, with an average price of approximately US$97,837, without any concern about whether BTC has reached a temporary high.
After this increase, MicroStrategy's Bitcoin holdings have reached 446,400 Bitcoins, with a total cost of $27.9 billion and an account profit of approximately $13 billion. (This year alone, MicroStrategy has spent $22 billion to buy 257,250 Bitcoins.)
It is worth noting that the recent altcoin outbreaks all started when BTC reached its highs. The first round was BTC moving towards $69,000 but failed to break through properly, and the next round was moving towards $100,000.
The next round of alt season is likely to be Bitcoin stabilizing at $100,000! Hopefully that will happen in the first quarter of 2025. But the story of the second/third quarter of 2024 may repeat itself in the next few months!
I feel that BTC will break through the 110,000 mark before Trump takes office!
The possible performances of BTC rising in the altcoin market are:
The first type: BTC + altcoins generally rise. It will rise all the way in 2025, and then enter another altcoin high outbreak period, because BTC continues to rise, all tokens perform well, and it will repeat the situation of the past 2 months, everything is rising
You can choose to buy low on altcoins that have performed well. For example, value coins such as UNI LINK AVAE that are favored by institutions!
The second scenario: BTC rises, and altcoins rise less; the story of 2024 repeats itself, with fluctuations in the next few months, but more bullish than 2024 (because BTC rises); so choose tokens that perform well
You can buy on dips in selected altcoins. Avoid the tracks that attract a lot of attention and find the next explosive track, such as the decentralized science that is very popular now!
The third scenario: BTC rises, while altcoins generally fall
You can choose to sell all your altcoins. Reduce your altcoin investment; if the altcoins you hold do not rise for a long time, you may have to sell them all. It is better to keep more U in your hands!
Fourth: BTC falls, altcoins generally fall. Everything has peaked
Because of the macro positives, a new BTC ATH breakthrough may not take as long as 2024. In this hellish summer, ETFs have just been launched, and TradFi is still struggling to sell the BTC story to customers. Most importantly, the outside world generally does not believe in the importance of Bitcoin.
Now that Trump has won the election, discussions about strategic Bitcoin reserves are underway. Although it is unlikely that a strategic Bitcoin reserve will be established, the reputation of Bitcoin has changed. Don't be too anxious. The new year is coming soon, and the market in 2025 will definitely get better and better! I wish you all a happy day in the cryptocurrency world! The cryptocurrency world is not only a stage for human nature games, but also an arena for the collision of beliefs and strategies. Every fluctuation is a screening and reshaping, eliminating blind followers and leaving those who truly understand the laws of the market.
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