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Monday, June 21, 2021

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Crypto Bull Market: It Comes Faster Than You Think & Also Goes Sooner Than You Think

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Currently crypto-currency market is in wild uptrend swing. This was well-predicted long before because most of the people who are in crypto for last 3-4 years know about bitcoin’s halving effect and supply shock. Since 2018, there are dozens of youtube crypto-analysts and hundreds of articles published about crypto market. While many of them are scams, there are also some gems. One of such gems is S2F (stock-to-flow) model of bitcoin authored by PlanB.

In this current bull market, it is expected that bitcoin will surpass 100k USD price according to S2F chart. That looks easily possible when current BTC price is trading at 50-60k USD range. But we always need to remember and stay level headed. Crypto market always dips around 80% after it peaks in every 4 years cycle.

When everyone is making money in the street, it’s the exact time to become cautious and plan exit strategy. In bull market, even a shitty trader can make 10x money but also remains in greater danger because most of such traders have no planning at all. Hence, it is better to stay focused on big coins like BTC, ETH rather than chasing a dog (dogecoin).

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