This week we witnessed the biggest BTC pump in 16 months! Sentiment is beginning to change and speculation is in overdrive!
When you’re in the heart of a long, cold, crypto winter, it can feel like the sun is never going to shine again. But when things start to turn, it can be like a bull out of the gate! The pain of the 2-year bear market is swiftly forgotten once the market starts to turn. And I believe we could be in that time right now.
Can you feel the shift already?
When the turn comes, reactions can vary. Some people get nervous because they don’t feel ready for it, others are excited because they’re happy with what they’ve accumulated and positioned themselves accordingly. So I wanted to ask, what emotions has this recent boost brought to your attention?
Are you ready and prepared for the upcoming bull market?
Are there gaps in your knowledge you still need to fill?
Do you know what your plan is, and what your numbers for profit-taking are?
Have you accumulated everything you need to so you can sit back and let the market do its thing?
If you’re feeling disorganised, I encourage you to take the time to get your ducks in a row because we could be off any time from now. I’ve been saying that 2024-2025 is shaping up to be the biggest institutional-fuelled rally we’ve seen. I truly believe it will drive the market to incredible heights.
If you take a look at the Wall Street Cheat Sheet, we’re now in the Hope phase of the market. Many are in disbelief as to whether it could be real or not. And while we may see pullbacks as people take profits, it looks like the game is on.
A Walk Down Memory Lane
- During its first super cycle in 2012, BTC went from $2.05 to $230 (a whopping 11,115%). People were calling it a fluke, a chance, beginner’s luck.
- The second super cycle took it from $66 to $1,120. People were saying it would never happen again.
- Its third super cycle went from $214 to $19k. People were going ballistic for Bitcoin.
- In its 4th super cycle it went from $3,200 to $65k, with an incredible gain of $44k within the space of 5 months (October 2020 to February 2021).
So what is coming next?
As you can see, the bear market always ends and the bull market always returns. And when it does, prices come back stronger than ever before.
If I can leave you with one piece of advice, it’s this. Make sure you have your affairs in order. The ones who reap the rewards from these super cycles are the ones who accumulated in the pre-bull phase. We’re leaving the last stages of that phase now.
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