It’s hard to say whether it will hit ATH in Febrarury. Remember 2018? Everybody assumed that in Q1 2022 it would go to a new ATH however what happened was a massive dump led by tax selling.
People had huge gains in 2017 just like in 2021 and in April their taxes are due. They go to an accountant and are presented with a huge tax bill. To prevent being a tax liability they have no choice but to liquidate part of their crypto. When enough people do this, it might cause a big crash.
I totally remember 2018 and 2019. Everyone kept saying the floor had been reached over and over again. The trading channels I was in kept buying the dip especially for altcoins.
And then it got worse and worse. Bitcoin actually wasn't SO bad but I remember the shock when ETH went below $80 after enjoying $1400. Not to mention the total destruction of ICO coins lol
I also experienced big losses in 2018 and 2019, moreover my investment in altcoins the losses were very large and made me stressed. Maybe
because at that time I was too influenced by other people's opinions, and I followed various trading groups. Therefore, it is very important to do
our own research and analysis, so that we can make better decisions. Instead of following other people's signals which may not be 100%
accurate, sometimes other people provide those signals for their own benefit. Because usually the owner of the trading group gives signals to buy
certain coins, even though he has bought the coins before. So never rely on other people to make decisions when we buy coins, we ourselves
must be able to analyze the market, when should we enter the market.