Altcoin Sherpa states that the altcoin bull has not yet started and that the 0.024 level in the ETH/BTC pair could form a new bottom. Ki Young Ju predicts that the price of Bitcoin has not yet reached its real peak and could exceed $141,000. TechDev warns investors to sell when the time comes.$BTC
While Bitcoin broke all-time records at $96,619, altcoins have not yet reached the expected levels. Investors who experienced the 2017, 2021 and other bullish periods know well how big gains altcoins can bring. In the past, there were periods when daily increases of 40-50% became normal, and in the short term, increases of 3-5 times, or even 10 times were experienced. However, this process has not started yet.
The period when 10-fold increases in cryptocurrencies become normal is called the "altcoin bull" and interest in cryptocurrencies peaks during this period. When even your barber or butcher starts giving you altcoin recommendations, it is usually close to the peak. However, the mainstream media is not yet sufficiently on the agenda for cryptocurrencies and it is not possible to say that cryptocurrencies are being talked about on the streets.
Altcoin Sherpa states that there is still time for the altcoin season to begin. According to the ETH/BTC chart he shared, Bitcoin still maintains its strong stance against altcoins and BTC will continue to grow. Sherpa says, “ETH may bottom out against BTC in the next few months. The 0.024 levels are areas I am watching carefully in this regard. Everyone is talking about the altcoin season right now and no one wants it more than me. However, BTC’s superiority over altcoins has not ended yet.”
Ki Young Ju, on the other hand, says that Bitcoin has not yet reached its real peak and that the price could rise to $141,000. Ju makes an assessment as follows: "It is too early to call the Bitcoin market a bubble. The current market value has not shown a large increase compared to the capital inflows on the network. The realized value has been increasing steadily day by day, which shows that Bitcoin could potentially rise to $141,000."
Cryptocurrency analyst TechDev, on the other hand, states that cycles repeat themselves as an investor for years. Recalling the excitement experienced when Bitcoin first rose to $ 20,000, TechDev warns investors by saying, "The bulls were speechless, but the panic and dysfunction experienced around $ 20,000 5 years later is remembered. Now, as we enter the months that will start the next period of madness, understand what will happen. Bitcoin is turning to big capitals and most investors are wrong at the right time."
TechDev says that during periods of high enthusiasm, “pure nonsense” will be spread and the market will rise very quickly. “Nobody will sleep because in 30 minutes it will seem possible to throw darts at a ticker and 5x. You will not remember a time when you thought the market was not going up because everything will go up very quickly. But when this process starts, if you are not prepared, it will be too late,” he adds.
TechDev advises investors to plan their exit strategies in advance. “When the bull cycle starts, ignore the noise and execute your plan. The better position you are in now, the more seriously you should take your exit strategy,” he says, urging investors to be careful.
In the future, some investors may become depressed when Bitcoin drops to $70,000, perhaps in 2028, as it did when it returned to its previous peak of $20,000. This shows how quickly cycles and psychological shifts can occur.
