After BTC breaks through $90,000, how should we plan for the final leg of the bull market?

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Author:Duo Nine⚡YCC

Compiled by: TechFlow

The moment of waiting has finally come to an end.

Your efforts are about to be rewarded handsomely.

In this newsletter, everything you have learned will come together into a complete cycle over the next few months.

This period is crucial to your current and future success. This is a pivotal moment to showcase your talents and apply what you have learned. Congratulations on reaching this point.

Now, let's get to the main topic. There is a brief summary at the end.

We have just entered the final stage of a four-year cycle. This is the most exciting and challenging moment. The market is highly volatile, with prices fluctuating by double digits overnight and continuously setting new records.

What is your exit strategy? To succeed, you need an exit plan. More on this later.

Just this week, Bitcoin reached a new high of $90,000. This is not only a new price record, but also the largest single-day nominal gain. Bitcoin surged over $8,300 in a single day. Please refer to the table below.

Soon, $10,000 daily fluctuations will become the norm. Even writing this feels a bit crazy, but there is an 83% chance of it happening. No wonder, in my previous alpha post, I suggested you not to overcomplicate things and just buy one coin.

That is Bitcoin.

At the time, the price was $70,000. Since then, Bitcoin has risen nearly 30%! Many have been looking for investment opportunities in Altcoins, while the biggest opportunity has been right in front of them every day.

Bitcoin has the best risk/reward ratio in the cryptocurrency space. When you consider risk and volatility, no other investment can compare to its returns. Keep this in mind as you search for the newer, higher-risk coins.

However, Altcoins are also growing rapidly. For example, the price of DOGE has nearly tripled since early November. I've been recommending it for several months, when it was around 10 cents, and now it's around 40 cents. This is the stage in the cycle where everyone can easily make money.

This is the time when everyone can easily make money.

However, this situation will not last long. This is usually the shortest stage in a cycle and the final stage before the cycle ends. The faster and higher the prices rise, the sooner we may reach the cycle's peak. So if this momentum continues for a few more weeks, we may reach the peak soon.

Here is the most optimistic scenario:

  • Bitcoin reaches $300,000 by April 2025. That's only five months away.

Could this happen? I have good news, so please read on.

If the current momentum reflects the pink section mentioned earlier, the most aggressive bull market in the previous cycle (October 2020 to April 2021), then Bitcoin could potentially quadruple after the breakout point. We just had a similar breakout in this cycle.

If you look at the forecasts, you can see that past price movements have reflected resistance levels at $100,000, $200,000, and $300,000. This seems like a strange coincidence. What will happen, we will all find out, but there is reason to remain optimistic.

There are rumors that some countries are entering the Bitcoin market out of fear of missing out.

Additionally, we have confirmed that institutional investors are allocating a portion of their funds to Bitcoin and conveying the message that "you must get exposure". The launch of Bitcoin ETFs this year is a good thing, as it allows anyone to now purchase them.

What should you do?

If you've been following me for a while, you should already know that this is actually not the time to get market exposure, as you're already late. You get exposure during the bear market or when the market is calm (or dead). We are now the opposite. The market sentiment is high, and the FOMO (fear of missing out) is starting to show.

The final stage of this cycle is to sell and lock in profits. This doesn't mean you can't continue to buy and make money. You can, but the risks are now higher.

Bitcoin has entered the price discovery phase.

This means that Bitcoin has broken through its previous all-time high, and no one can predict how much higher it can go or where it will top out. Prices will be highly volatile and filled with uncertainty.

Buyers and sellers will be probing for the price top. This is a very dangerous process, as you don't want to be the last one holding the bag when the market suddenly turns. Pay close attention to your leverage usage, as the market volatility will be extreme.

Therefore, your goal is to exit when the market is most active. Based on the chart above, the market may be most active in early 2025. This is your best time to exit. Don't focus too much on the specific price, but complete your exit during that period. In the following sections, I will share more related advice.

1. Sell all Altcoins when the market is most active

A good way to judge when to sell Altcoins is to watch the performance of Ethereum and Solana. If they reach new all-time highs, this is a good signal that you can start taking profits on Altcoins as they rise.

It's important to note that most Altcoins, like Doge, have their own market cycles and may rise earlier or later due to other factors. In the case of this internet culture-based cryptocurrency, it's because of Elon Musk and former President Trump constantly promoting it.

Trump's recent statement is big news for Doge holders. Considering the exposure it will get from this newly established Department of Efficiency (i.e., Doge), its price could potentially reach $1.

It's crucial that you sell all Altcoins when Bitcoin reaches its peak. Don't get stuck holding them in the next bear market.

2. Don't sell Bitcoin unless absolutely necessary

I don't recommend selling Bitcoin, as its performance will continue to improve in the long run, and it's expected to reach $1 million or more by 2030 or later. In that case, do you want to sell? It's up to you.

If you decide to sell, you can start at $100,000 or more, gradually selling in increments of no more than 10% at a time. You want to sell incrementally as the price rises, ideally near the peak. A similar strategy can be applied to Altcoins.

If you hold less than one Bitcoin, you should focus on accumulating as much as possible, or prepare funds to buy more during the next bear market. If you hold more than one, you can try selling a portion at the peak to have funds for later purchases. In any case, use the Altcoin profits to buy more Bitcoin during the next bear market.

Regardless, don't risk losing your Bitcoin. It is a crucial asset for your financial freedom. Focus on the long-term goal. However, if this money is significant to you, seriously consider the reasons for selling. If it's for a property purchase, the property should ideally appreciate to be worth several million in the future. Remember, Bitcoin is the most resilient asset in the world!

3. Control the fear of missing out (FOMO), or you may suffer losses

A common mistake is that people, after selling, see the price continue to rise and then rush to buy back in. This is likely to result in re-entering the market at the top, leading to losses.

This is a common trap that many people fall into. Therefore, you need to have a clear exit plan and stick to it. After selling, put the profits in a place that is not easily accessible, such as a hardware wallet, or invest in gold (like PAXG), and don't touch these funds for at least a year.

When the market panics and enters the so-called "death mode" (i.e., the media reports that Bit is dead), you can return to the market with profits. At that time, try to buy as much Bit as possible. I will provide help then, rest assured.

Share your exit strategy in the comments, and leave a message below about your expected target for Bit.

Summary and Recommendations

  • We are in the most exciting stage of this Crypto cycle, which is about to end;

  • This is the time to sell and lock in huge gains, with the goal of completely exiting Altcoins;

  • The end of the cycle is full of opportunities, but the risks are also extremely high;

  • Have a clear exit plan and execute it without being influenced by the fear of missing out (FOMO);

  • The exit window may only last a few months, so seize the opportunity;

  • Your ultimate goal should be to accumulate more Bit, with a long-term perspective!

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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