The price of Bitcoin is soaring, while altcoins are stagnating, and those holding a pile of altcoins must be quite troubled.
Will the spring of altcoins return? Don't worry, I will show you some data, hoping to help everyone earn some extra cash, so we don't fall before the eve of victory.
Back in 2017 during the bull market, Bitcoin was the dominant player, with a market cap share as high as 90%. By the peak of the bull market, this ratio dropped to 40%. Looking at the 2021 bull market, although Bitcoin's glory has faded, its market cap share was still as high as 70%, and at the peak of the bull market, hey, it returned to 40%.
If we consider a four-year cycle, 2025 could be another bull market year for us, and currently, Bitcoin's market cap share is 60%. Today, there are very few cryptocurrencies on Binance that are rising, while many are falling.
History may not repeat itself exactly, but it is always so similar. If the bull market has truly ended, Bitcoin should have been shorted back at 76.
Speaking of how high Bitcoin can rise, let me make a bold prediction: next year, Bitcoin may reach the threshold of 150,000.
Why can I make money? Because when Bitcoin dropped from 73 to 49 at the beginning of the year, everyone thought the bull market would last three more years, but I firmly believed Bitcoin would break 100,000 by the end of the year. At that time, Bitcoin dropped to 49 and then tested the bottom at 52, I concluded that 52 was the bottom. The result? Those who shorted still called me foolish, saying Bitcoin would drop to 20,000. Most of those who criticized me were losing money; there's nothing we can do about it.
So, don't follow the trend of chasing highs and selling lows. Hold onto your spot, and those who follow me will eat well together next year. Although I can't claim to be a constant winner, turning 700 USDT into 11,000 USDT, cashing out 4,000 USDT, and still having 7,000 USDT left is a success rate worth considering.
The spring of altcoins is probably just one, two, or three months away, so everyone hold on tight!
Recently, I plan to lay low and invest in a potential coin that is ready to explode; doubling your investment should be quite easy. At the same time, I am also looking for some potential coins to hold until the end of the year, with an expected growth of over ten times being no problem, but spots are limited! If you want to follow along, like and leave a message.