In cryptocurrencies We are heading towards the end of another unpleasant day and US data makes this week difficult. There are many reasons to be cautious this week, including concerns about the data coming on Friday and the Fed minutes to be released on Wednesday. The fact that US data came against the risk markets strengthened the hand of the Fed, which had already painted a pessimistic picture.
Decline in Altcoins
Today BTCSeeing that ‘s price has fallen below $ 97,000 again, investors are holding their heads in their hands and wondering when this bull market will start. Although BTC was at much better levels last year than today, this is not the case for altcoins in general.
Cryptocurrency investors experienced a nightmare in 2022 with the BTC decline. In 2023 and 2024, they experienced nightmare days due to the suppressed altcoins during the BTC rise. Although some altcoins such as XRP Coin and SOL have diverged positively for their own justified reasons and achieved serious gains, the overall market is extremely unpleasant.
AVAX is at $40, not far from its bottom in the last cycle. ETH It is still at $3,400 levels and is not even close to the ATH level. SHIB and many other cryptocurrencies could not even see their prices in the days when BTC was around 40 thousand dollars.
Now they are facing losses exceeding 8% as BTC has fallen again. BTC, on the other hand, fell nearly 5 percent on the daily.
When is Cryptocurrency Bull?
Alright When is cryptocurrency bull? will it start? If that day comes, those who have not experienced this difficult process will say that investors who make profits have made easy profits. When you hear this, your last 3 years will flash before your eyes like a movie sheriff.
If it does not go through a completely different process and repeats something similar to previous cycles, BTC will reach its all-time record level, while the real rise period will begin in altcoins. Many experts say this will be close to 200 thousand dollars.
Bitcoin 
$101,782.3 When price dominance approaches 45%, capital will have significantly shifted to altcoins and most of the altcoins will have revealed their true potential. Maybe you should follow the days when BTC is approaching its real peak and the BTC.D relaxation begins and make a profit by buying more expensive altcoins on that day? Last time I said this, BlackRock had applied for a BTC ETF and some experts said “Bitcoin “It’s over now,” he started to say. At that time, I wrote that if BTC made convincing closes above $ 28,000, it might make sense to buy, and those who wanted to be more cautious could follow this strategy.
At today’s point we are at $28,000. BTC And altcoin Buying it doesn’t seem like such a bad idea. Maybe we should stop focusing so much on short-term price movements and follow our long-term goals in the projects we research and stay away from stress?
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
