As Bitcoin ($BTC) continues to break records, some investors are wary of missing out on the cryptocurrency's bull run. However, crypto enthusiast Cyclop has a different perspective. He believes the market cycle is just beginning and altcoins are poised to make big moves.
This shift in the cryptocurrency has become evident as Bitcoin struggles to hold above $72,000, creating selling pressure and sparking speculation of further declines. Despite trading within a key support zone, uncertainty looms. Will a bear market cause a fall below $65,000, or is a bullish rebound imminent? Analysts look at BTC, altcoins and stables as diversified strategies for navigating the unregulated crypto waters Start analyzing the transition to coins.
Halving takes Bitcoin to new highs
In a recent series of X posts, crypto analyst Cyclop shared insights into the potential trajectory of Bitcoin (BTC) and altcoins based on historical patterns and market dynamics.
He begins his analysis by highlighting historical trends, noting that BTC typically reaches its all-time high (ATH) approximately 7-8 months after a halving event. During this period, the bull market peak occurred approximately 880 days or 29 months before the start of the halving in both 2017 and 2021.
Similar to this, they expect the next BTC ATH to occur around November-December. Furthermore, considering past bull market periods that lasted approximately 10 months, this suggests that the current bull market could extend until around October 2025. Meanwhile, he said the bear market timeline for 2018 and 2022 will last about 10 months. 370 days each. Approximately 500 days passed from the all-time low (ATL) to the halving in 2018-2020 and 2022-2024. Secure space for a new His ATH by the end of the year.
But altcoins have 100x more potential
It is important to explore potential gems in the cryptocurrency space, especially when market dynamics are changing. Regarding altcoins in particular, Cyklop emphasizes the potential for rapid gains, citing the potential for 100x returns compared to the 2-5x returns expected for BTC and ETH. They express confidence in their portfolio construction strategy of investing in promising altcoin projects while gradually securing profits by October 2025.
However, analysts also emphasize the importance of maintaining a portion of your portfolio in stablecoins, citing examples of altcoins such as FTM, SOL, and MATIC that have seen exponential growth after the halving. . While Cyklop is bullish about the current market potential, he advises people to remain cautious, diversify their investments, and avoid risking more than they can afford to lose, especially when investing in volatile altcoins. ing.