Hello everybody. The history of cryptocurrency is not yet long, but if we adhere to the postulate that it is periodic, then, based on what happened after the last alt-season of 2018, we will face a boring, protracted bear market. In any case, you need to be ready for this bear market, or even better, not to waste time and start accumulating stablecoins in order to buy at very favorable prices. After all, after the bear market, prices will again begin to skyrocket to the moon.
the market correction occurred because of the massive sale....i'll bet on you that current Bitcoin holders won't want to sell their Bitcoin. Bitcoin's history has changed when Saylor, Elon, Jack, and several other innovators started buying Bitcoin. the previous year's benchmark was no longer valid. Bitcoin falling below $40k looks "impossible" at the moment.
When buyers rush in, altcoin prices explode into an unsustainable trajectory. If you play your cards right, it’s possible to 2x, 5x, or even 10x your BTC investment. By contrast, markets become overbought at the end of each alt cycle.
Blow-off top signs are evident, and smart money races to get out at the highest price. High selling pressure leads to a steeper drop in alts compared to BTC, and thus BTC regains dominance. Let’s look at examples.