Will Altcoins Rise 200% in Wave 5? Will History Repeat?
The chart shows two market cycles, each consisting of 5 waves (1-2-3-4-5) of upward price action and 3 waves (A-B-C) of correction. Comparing the current cycle to previous cycles: Cycle Length: The current cycle (which started in 2016) appears to be longer than the previous one. This may be due to the increased maturity and adoption of the cryptocurrency market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
