Original author: Duo Nine⚡YCC
Original translation: TechFlow
The waiting time is finally over.
Your efforts are about to be richly rewarded.
Everything you learn in this newsletter will come together into a complete cycle in the coming months.
This period is critical to your present and future success. It is a critical time for you to showcase your talents and apply what you have learned. Congratulations on making it this far.
Now, let's get down to business. There is a brief summary at the end.
We have just entered the final phase of a four-year cycle. This is the most exciting and challenging time. Markets are volatile, prices can move by double digits overnight, and records are being set.
What is your exit strategy? To be successful, you need an exit plan. More on this later.
Just this week, Bitcoin reached a new high of $90,000. Not only was this a new price record, it was also the largest nominal gain in a 24-hour period. Bitcoin gained over $8,300 in a single day. See the chart below.
Soon, $10,000 daily swings will become the norm. Even though it feels crazy writing this down, it’s already 83% likely to happen. No wonder, in my last alpha post, I recommended that you don’t overcomplicate things and just buy a coin.
That's Bitcoin.
The price was $70,000 at the time. Since then, Bitcoin has risen by nearly 30%! Many people are looking for investment opportunities in altcoins, and the biggest opportunities are in front of them every day.
Bitcoin has the best risk/reward ratio among cryptocurrencies. When you consider risk and volatility, no other investment can compare to its rewards. Keep this in mind when you look for emerging coins that carry a higher risk.
However, altcoins are also growing rapidly. For example, DOGE has almost tripled in price since the beginning of November. I have been recommending it for several months when it was around 10 cents and now it is around 40 cents. This is the stage in the cycle where everyone can make easy money.
This is a time when everyone can make easy money.
However, this won't last long. This is usually the shortest phase in a cycle and the last phase before the cycle ends. The faster and higher the price goes up, the more likely we are to reach the top of the cycle soon. Therefore, if this momentum continues for several weeks, we will reach the top soon.
Here is the most optimistic scenario:
Bitcoin reaches $300,000 in April 2025. That’s only five months from now.
Can this happen? I have good news, so keep reading.
If the current momentum will mirror the pink section mentioned above, the most aggressive bull run in the previous cycle (October 2020 to April 2021), then Bitcoin could rise another 4x after the breakout point. We just had a similar breakout in this cycle.
If you look at the forecast, you can see that past price action reflects the 100,000, 200,000 and 300,000 resistance levels. This seems like a strange coincidence. We will all know what will happen, but there is reason to be optimistic.
There are rumors that some countries are entering the Bitcoin market due to fear of missing out.
Additionally, we have confirmation that institutional investors are allocating a portion of their funds to Bitcoin, sending the message that “you have to get exposure.” It’s a good thing that Bitcoin ETFs are coming online this year because now anyone can buy them.
What should you do?
If you’ve been following me for a while, you should already know that this is not actually the time to get market exposure because you’re already late. You get exposure in bear markets or when the market is quiet (or dead). We are in the opposite situation right now. Market sentiment is high and FOMO is starting to set in.
The final stage of this cycle is to sell and lock in profits. This doesn't mean you can't continue to buy and make money. You can, but the risk is higher now.
Bitcoin has entered the price discovery phase.
This means that Bitcoin has broken through its previous all-time high, and no one can predict how high it will go or where it will peak. Prices will fluctuate wildly and be full of uncertainty.
Buyers and sellers will test each other as they look for price apex. This is a very risky process as you don’t want to be the last person to take the position when the market suddenly turns. Be especially careful with your leverage as the market volatility will be very high.
Therefore, your goal is to exit the market when it is active. Once Bitcoin is dead, you can return to the market with profits. Buy as much Bitcoin as you can at that time. I will help you at that time, don't worry.
Share your exit strategy in the comments and leave a comment below with your expected target for Bitcoin.
Summary and suggestions
We are in the most exciting phase of this crypto cycle, which is coming to an end;
This is when you sell and lock in huge gains, with the goal of exiting altcoins completely;
The end of the cycle is full of opportunities, but the risks are also extremely high;
Have a clear exit plan and execute it without being swayed by the fear of missing out (FOMO);
The window to exit may only last a few months, so take advantage of it;
Your ultimate goal should be to accumulate more Bitcoins, take the long view!
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