With the market rising high, there is hope that Bitcoin might reach a new ATH. Being a chartist, I am expecting a new ATH soon, and this ATH will usher us into the bear market proper.
In the last bull market, we saw the last ATH at Q1 of the new cycle, and now, we might be seeing it at Q2 of this new cycle. While Bitcoin is likely to hit a new ATH, altcoins won't do too much especially ETH, but they will dip more.
The image below explains my view better. You can drop yours and comment your opinion.
Be specific with your speculations, at least add a date instead of saying bitcoin so and so within days, weeks, it be more better to give a time frame to your speculation, because alot have being going on about this topics, some are taking the recent bitcoin market recovery to mean another bull season that could usher us into a new all time high like you said.In the last bull market, we saw the last ATH at Q1 of the new cycle, and now, we might be seeing it at Q2 of this new cycle. While Bitcoin is likely to hit a new ATH, altcoins won't do too much especially ETH, but they will dip more.
The image below explains my view better. You can drop yours and comment your opinion.
BTW we have more to do at this period in time as long term bitcoin investors, we shouldn't get carried away so much with a short term bitcoin market reaction, because we may be too early to start predicting a particular price and bitcoin goes opposite our predictions, so for sure there is need for proper planing to stay at safe zone.