We are in the early innings of a full blown bull
Current trend is mirroring past cycles
Why I am bullish in Q4 and in 2025
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Bitcoin's performance this cycle closely resembles the 2016 and 2020 bull markets.
Financial markets are inherently cyclical because human nature remains constant.
This similarity suggests it's unlikely that Bitcoin has already reached its peak.
Since January 2024, over 500,000 BTC have been withdrawn from exchanges. It typically indicates they're planning to hold rather than sell in the near future. This accumulation suggests a potential supply squeeze if the trend continues.
Also, Bitcoin's dominance hit a multi-year high, indicating we're likely still in Phase 1. Historically, altcoin seasons begin after Bitcoin's dominance starts to decline. I believe we're nearing this transition to Phase 2.
Some predictions for 2025
1. The Rise of Real-World Asset (RWA) Tokenization - @plumenetwork @IxSwap
2. Growth of Consumer-Based Blockchains
3. Bitcoin Reaching $100,000
4. @Uniswap V4 Unlocking New Opportunities
5. Stablecoins Becoming Blockchain's Biggest Use Case - https://x.com/arndxt_xo/status/1829445965352468482âŚ
6. Dominance of AI-Focused Projects Led by $TAO - @zero1_labs @nillionnetwork
7. Blockchain Transforming Licensing and Intellectual Property @StoryProtocol
8. @pudgypenguins Rising as a Top NFT Collection
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#btc #ETHETFsApproved #ETH #HotTrends