📈Bull Market Dynamic | Bitcoin vs Altcoins, Altcoins vs Bitcoin

4 Kas 2023

How will the market behave as a whole on the next bullish phase?

Everything will grow in a general sense.
The trend is up, the bias up, the charts will produce higher highs and higher lows.


What about the Altcoins vs Bitcoin (ALTSBTC) pairs?

This section of the market is unique and will have its own phase.
This phase can last for most pairs between 3 and 6 months, they will grow massively during this period regardless of what is happening around them.

Some will grow beyond 6 months to 9 months, 12 months or longer. Allow for some variation to account for all the many pairs.


Will Bitcoin move up together with the Altcoins or will Bitcoin crash while the Altcoins grow?

It depends on the timing... They will move up together but eventually many Altcoins will continue bullish while Bitcoin produces a strong correction/retrace.

First the Altcoins peak, hit a new All-Time High, and then Bitcoin.

Money will be cycling from Bitcoin to Altcoins and from Altcoins to Bitcoin back and forth for a long while before the end of the bullish phase.

We have a long way to go.
Almost an entire year of sustained long-term growth.

The euphoria will happen after the bull-market is over, not before.
Bulls becoming complacent and entering the denial phase will happen after the bull-market, not before.

Right now you can find bears that are still in denial, something similar will happen to the bulls once everything starts to grow but we will have plenty of time for this phase to unravel. All those being caught up in it will be mostly new players that will buy high and buy-in while the market is growing strong.

The lack of experience will be speaking.
This is not bad, it is just part of how the market psychology works. These people will become long-term holders and the market will continue to evolve.

When this bullish wave is all set done, Cryptocurrency will be fully accepted in the mainstream and in the process of being fully integrated into the global financial system, the word "Bitcoin" will be widespread, heard and known all across this flat, hollow plane.

Namaste.