In recent months, we've witnessed 8 consecutive months of price increases in both BTC and altcoins. The current correction phase is necessary for the market to sustain long-term growth.
Many people are wondering how long this correction will last so they can mentally prepare.
In my personal opinion, we may see the bottom of this market in about 2 months from now.
The following 3 months will likely be a period of slow market recovery with continuous pump and dump cycles - a rollercoaster that may lead to extreme frustration among traders, making them believe that a significant correction is imminent after such pump and dump phases.
However, towards the end of the year, everything will start to fall into place
. The strongest bull wave of the cycle is expected to occur during this time.
