The Crypto Money Cycle
Bitcoin reached $50k. Now the main question is, where is crypto heading next?
Hey everyone,
welcome to our free weekly newsletter where you get crypto insights, trends and investment ideas.
I hope you enjoyed last week’s issue “Where It’s All Going? Market Fundamentals, Trends & Catalysts”.
The total crypto market cap broke above $1.8T resistance as Bitcoin battled $50k, setting a new cycle high!
Now the main question is, where is crypto heading next?
Let’s dive in👇
Just like traditional markets, though, crypto goes through its own cycles – and these price cycles are remarkably consistent, including their timing between peak-to-trough bottoms, price recoveries and subsequent rallies to new cycle highs.
For instance, altseason is a function of the market due to new participants flooding into crypto around the same time.
This is usually triggered by the BTC mining supply halving every 4 years (which causes a surge in price).
Here are some signals:
$BTC reached 50k
$STX is +19.40% in the last 30 days
$RIOT is +36.82% in the last 30 days
The Fear & Greed Index is going towards extreme greed.
So…
I believe it’s now time to accumulating high quality altcoins.
How to build your strategy for the bull run
1. Set rules
Determine:
what tokens you wanna buy
your buy targets
the time horizon for your bets
2. Buy the rumors, sell the news
For instance, after BTC reached 50k, I sold all my related positions.
More here.
3. Keep cash
The market is extremely hot right now, but as we well know also extremely unpredictable.
Keep enough cash aside in case the market drops.
Actionable resources for your journey
What outperformed in the past could do so even in the future:
🏆 Top 20 Altcoins of 2023
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As altcoin investors, our ultimate goal is to build a portfolio that will outperform bitcoin over a medium/long term. In this issue, we'll discuss the top 20 altcoins that beat Bitcoin in 2023. Let’s go!
In the last bull-run, alt-L1’s like Solana, Avalanche & Fantom heavily outperformed the rest of the market in terms of price appreciation and VC funding:
How to avoid mistakes and make (even more) profits with the alt-L1’s narrative
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In the last bull-run, alt-L1’s like Solana, Avalanche & Fantom heavily outperformed the rest of the market in terms of price appreciation and VC funding. What has been changed from 2021 to today? Nothing. Let’s have a look below at the top ecosystems’s performance of the last 6 months:
After BTC Halving, attention will likely shift from BTC to ETH. Historically BTC outperforms at the start of a bull run. But after that, it's Ethereum time to shine:
📈 Narrative Spotlight: Profiting From the Growth of Ethereum
Hey Everyone, each month, we share the best tokens to buy within a promising narrative. Narratives are trending ideas and beliefs that influence how people see and value tokens. They have the potential to impact investor sentiment, market trends, and even the adoption of new technologies.
That’s al for today
Thanks for reading!
Whenever you’re ready
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1x Value Investing Analysis: undervalued blockchains we think will outperform the market.
1x Monthly Market Analysis: our view on the current market situation supported by data-driven analysis.