BlockBeats news, on November 9, Ari Paul, founder and CIO of digital asset investment firm BlockTower, posted on social media that we are currently at the early stage of the latter part of the overall bull market (approximately 70% or 66% progress). Recent buyers are preparing for a 6-12 month rise, more often 'institutional' rather than retail speculation.
He personally expects the market to produce a relatively 'gradual' rebound at this stage, possibly seeing BTC at $90,000 or even $125,000. Retail participation will gradually increase, bringing about rising leverage and volatility. Currently, buying the right assets and holding them for the next few months may be the wisest strategy. In the later stages of a bull market, more aggressive trading will yield returns.
