This month many analysts anticipated and predicted that the crypto market will be on a rise again, but the fact is that we are not seeing much of movement, it has been swaying sideways like the last couple of months. But does that need to be worried about. I do not think so, because I feel that the longer is the accumulation period the better will be the rise in the months to come. Well, I am no expert in this market and my knowledge is very limited but going with the past trends I feel it will be like that.
Probably we will start seeing the market move up only by end of Dec or early 2025, which means that it is still some more time. The Crypto space has always been very speculative, everyone keeps making assumptions based on the trends they study and follow. My Son is also a crypto advisor and personally I choose to listen to him, because till date whenever he has given me suggestions they have been more or less correct. In the month of August I was telling him that by Oct the market will change and he told me, it will not and now I am seeing that happening. It's his analysis that tells me that it will only start moving somewhere around Dec or Jan time frame.
Almost this whole year has gone in sideways movement, so from here on when it starts moving up, how is it going to be. What do you think the all time high price of BTC will be in this run. It is again a speculative answer, some say it will touch 200K, but I feel as the price of BTC keeps going up, we will see decline in the growth % from previous bull runs, so I am feeling this run it can go up to 135k to 150K. This is not my son's prediction, this is my own thought.
Altcoins has their own mood so not I am hoping that while BTC moves up, this run the altcoin also gives good performance. Last cycle it did not move the way it was anticipated. We were all hoping Hive to touch 5$ to 6$ but it did not happen. What do you all think, will it happen in this run. Hopefully, fingers crossed.
Whatever the situation is right now, but I am sure in the months to come, it is going to be an exciting time for Crypto investors.
Thank you for visiting my blog. 👼🏻👼🏻💖💖🌹🌺🌸
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