Letβs admit itβ the crypto market has been a bit dull over the past few weeks. π΄ Everyone was hoping for a Santa rally π , but it seems only a few tokens (like $BGB and $VIRTUALS) are hitting new highs π, while the majority of the market is either dumping π or just looks dumpy. Gains are hard to find, and we canβt help but ask: Have we already topped? π€
When will the pump come? π
Iβll be honest with you. When I saw people on X talking about a potential cycle top, I felt awesome. π Finally, early investors are starting to capitulate. π¬ And you know what that usually meansβone more flush π, and weβre back on track to the upside. π
The cycles seem to confirm this exact pattern. π
Weβre in the toughest part of the cycleβwaiting for Bitcoin (and other tokens) to make a new low before jumping back into the market. π¬ Itβs challenging not just because we want to time the bottom (letβs face it, we all want to buy the bottom! π), but because itβs hard to stay calm when our portfolios are showing negative numbers. π Seeing a sudden -30% on a recent token purchase can shake anyoneβs confidence. π
But thatβs how successful investors operate. πͺ They stick to their thesis, buy when their strategy says "Buy" β , and donβt look back.
Now, letβs dive into Bitcoinβs chart and explore its potential cycle low: ππ
Stay grounded π during your New Yearβs celebrations π because Bitcoin is likely to hit its bottom shortly after. π This will present an ideal buying opportunity. π
See?
Profiting by following cycles isnβt rocket science. π All it takes is patience β³ and a solid execution plan. β
The Good: Altcoins
I admit itβaltcoins have been a bit of a letdown this bull market. π I expected them to perform better and deliver bigger gains. π° Instead, weβve seen a mixed bag:
- Some altcoins did exceptionally well. π
- Most struggled or had a brief rally π, only to tumble back down. π
Compared to previous bull markets, where the majority of altcoins rewarded investors handsomely, this cycle has been underwhelming. π
However, the monthly cycle chart is crystal clear π
Itβs just starting, and we can expect altcoins to outperform Bitcoin over the next 1-2 months. π
Master, is it the right time to buy?
Not quite. π Wait for $BTC to hit its lows and use the Cycle indicators on your favorite altcoins.
Take AVAX/BTC as an example: π
$AVAX is heading for a final push to the downside π before it pumps. π I donβt think this will be the ultimate lowβthe 1-week and 2-week cycles are still trending down, signaling further downside. β¬ However, when the 1-day and 3-day cycles dip below 20, we can expect a nice move upward. π
π‘ Remember: If $AVAX gains +30% against Bitcoin, it doesnβt mean a simple 30% increase in capital. π° Typically, this translates into 40% or even 50% profits, considering Bitcoinβs own price increase during the same period. πΉ
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Thanks for reading! π
Always with you,
π The StrategyMaster πΊ