Regarding the view of escaping the top of the bull market, you will understand why the price of Bitcoin is strong after understanding it.
Based on the experience of previous bull markets, 2025 may be a crazy bull market, and it is also the time when we should consider exiting.
But is this really the case? Think about it, why has Bitcoin broken through the previous high of $69,000, while Ethereum has not broken through $4,800, or even far below this price? In this round of bull market, the approval of Bitcoin's ETF attracted a large amount of traditional capital inflow, so Bitcoin reached a high of $69,000 in advance.
After breaking through $69,000, many cryptocurrency bloggers predicted that Bitcoin would pull back to $50,000, $40,000 or even $30,000. But why has Bitcoin remained above $60,000 many times? Even this week's closing price exceeded $71,000, and the future market is undoubtedly bullish.
The reason is that the production of Bitcoin will be halved in April, the approval of Ethereum's ETF in May, and the United States may cut interest rates in June. These three good news will undoubtedly accelerate the development of the market.
Combined with the general view of whales on Bitcoin, the price is between $100,000 and $150,000, and we have to consider whether this goal can be achieved by the end of the year. After Bitcoin reaches its peak, Ethereum will take over and then the altcoins will soar wildly. The whole process may end soon, in about three months.
This bull market may end in early 2025, rather than the end of 2025 predicted by the peak of the bull market in November 2011.
Therefore, we need to reconsider the timing of exiting the altcoins in our hands. We should exit when everyone is extremely enthusiastic, rather than waiting until the profits disappear or even lose money.
