In recent years, the cryptocurrency market has witnessed many significant fluctuations, and we are about to see another strong bullish cycle for Bitcoin. With the current signals, the bullish market may go through three key phases, providing opportunities for both institutional and retail investors. Let's explore the predictions for this cycle and what we should pay attention to.
Phase 1: Bitcoin from $30,000 to $70,000 – The Roller Coaster Begins!
In the first phase, Bitcoin is expected to rise from $30,000 to $70,000. This is the starting phase, where the market will begin to heat up with intense fluctuations. Interestingly, while Bitcoin rises sharply, many altcoins (other cryptocurrencies besides Bitcoin) may still be "stuck" or even lose value.
This is due to the participation of major institutions like BlackRock and Fidelity, as they begin to buy large amounts of Bitcoin. They will cause strong fluctuations as they buy and sell to eliminate psychologically weak investors. This creates cycles of "pump and dump" that we can take advantage of if we have the right strategy. But it is important to note that patience and steadfastness will be the key to weathering these turbulent phases.
Phase 2: Bitcoin from $70,000 to $90,000 – Relative Stability but Still Volatile
In the second phase, when Bitcoin reaches $70,000, it will continue to rise but at a slower pace and with more corrections. The price of Bitcoin is expected to fluctuate from a high above $60,000, with deep drops of around 30% not being uncommon.
During this phase, altcoins still suffer strongly from Bitcoin's corrections, making it harder to profit from altcoins. Large investors will gradually shift to accumulating undervalued assets – a signal that the market is preparing for a major leap in the next phase.
Phase 3: Bitcoin rises from $90,000 to $200,000 – The Market Explodes
The third phase is when the market explodes the most. When Bitcoin surpasses $90,000, altcoins begin to show signs of "catching up," even growing much faster than Bitcoin. This is the golden time for altcoin investors when many cryptocurrencies can double, triple, or even surge even more.
Although there are still rapid price drops, the main trend of the market will be upward. This is the phase where profits become easier, and institutional investors will take strong actions to push prices even higher, seizing the last opportunities before the market corrects.
Investment Strategy: Patience and Seizing Opportunities
This prediction clearly shows one thing: during strong bullish phases, large financial institutions often manipulate the market by buying in when prices are low and selling when prices rise. They play the long game, and this can create significant psychological pressure on retail investors.
However, the advantage of retail investors is the ability to hold and be patient. We are not bound by quarterly financial reports or pressure from shareholders like large institutions. Therefore, maintaining our position and not being affected by short-term fluctuations is a key factor for success.
Lessons Learned
Patience is the decisive factor: The early stages of a bullish market can confuse many due to strong fluctuations, but patience is the key.
Sustainable Strategy: Instead of trying to "catch the top" or "catch the bottom," we should build a long-term strategy, allocate capital wisely, and avoid letting emotions drive our decisions.
Watch the actions of institutions: Strong buying from large institutions will signal that the market is about to experience significant fluctuations. Monitoring the actions of these institutions can help us make informed decisions.
The cryptocurrency market in the next two years promises many great opportunities but also comes with significant risks. To succeed, investors need to be alert, patient, and know how to seize opportunities wisely. Wishing you success on this journey.
