While the market continues to trend bullish, we should forget that we are in another 4-year cycle, and usually in the first year, the market tends to create its ATH before the bear market begins.
Just because it happened before doesn’t mean it’ll happen the same way again. Sure, the bear market will come eventually but maybe it won’t be as bad as before. The market is getting stronger, especially now that companies are buying and holding Bitcoin for the long term.
Right now, the trend is still bullish, and I honestly believe we’ll see more ATHs this year before the market finally turns bearish.
So enjoy the ride… but keep your eyes open to spot and opportunity when the bear market comes and accumulation will start again.
Though historical patterns don’t guarantee future outcomes but they are can be mostly used to predict future trends. Given the market keeps evolving significantly, the next bear cycle might be less volatile compared to the past cycles. While I’m optimistic about more ATHs this bull cycle, i checked out the BGUSD mentioned, i realized it’s also backed by the US treasuries and offers 5% compounded yields with daily auto-distributed earnings. It’s a fair deal for me as i’m taking advantage of this bullish cycle, accumulating yields on the side won’t be bad at all.