Observations - Three phases of the cryptocurrency bull market
Phase 1: Index leads (Bitcoin rallies) driving part of the old altcoins (infrastructure, public chain rebounds). Phase 2: Index retreats (Bitcoin daily level correction without new lows) leading to new lows in former old altcoins (infrastructure, some public chains) which looks like a bear market rhythm. Phase 3: After a consolidation, Bitcoin starts again to hit new highs (infrastructure, public chains, new projects) launching a series of increases. At this time, the best operation is to hold and not act. The best cost-performance ratio is to enter when infrastructure hits a second new low. Short-term profit effects are very fast, basically 2-3 times in 15-30 days.
Marvin Musk concept + institutional investment, huge prospects for the future!!!
