This question concerns everyone who is in the know right now.
In order to answer these questions for yourself, you need to ask other questions. And look at all the "for" and "against."
In crypto, liquidity periodically flows from Bitcoin to altcoins. This allows large players to generate additional returns compared to returns from Bitcoin. Will they really finish this cycle without this flow?
There is a property that when everyone starts shouting to buy (especially well-known personalities), you need to start preparing for sales. It was the same in past seasons, and I think it will be the same now. Currently, this stage has already begun, but there is one but... A bull run is needed to heat up the crowd's FOMO. It needs to create a fuss so that the crowd starts buying everything in sight. Right now, we have already activated an information attack, but there is no FOMO, and without it, no one will grab at high prices. Accumulation has been done; now it needs to be distributed.
From the point of view of cycles, we still have time to grow. Since according to them, the end falls in the 3rd quarter of 2025.
For the realization of a global plan with the price of Bitcoin in millions of dollars, a growth of less than twice from the previous high in this cycle seems not very good to me. At least it should be twice as much.
From the perspective of wave analysis, we should still have one or two sub-waves of impulse growth.
From the perspective of wave analysis, which is especially pronounced in cryptocurrency cycles, we are in the final stage, while the minimum targets have already been achieved. If it weren't for the previous points, I personally would not hold my position for anything. Because buying in the last phase is foolish (not counting speculations).
From the perspective of accepting Bitcoin as a reserve, it would be right to start this when the market hits the bottom and buy Bitcoin cheaper.
BUT..... If you look at it from another side, it would be more correct to start this now. Let me explain why.
They plan to buy it evenly over 5 years.
- They cannot start from a bear market, as the announcement of this will trigger mega-positivity and a bull run. And again, there will be no bear market.
- If they start this with the beginning of a new cycle, then again this news will quickly raise the price of Bitcoin, and in the end, closer to the end of this term, they will have to buy it very expensively. And then everything will not fit within a four-year cycle.
- But if they start now, they will begin to buy it cheaply. The news will play out, and all the aforementioned factors will come into play. A bear market will begin. Then there will be a new cycle again. Ultimately, for half of the 5 years, they will be buying it in this price range ($70-$200k). And everything will remain within the framework of a four-year cycle. Since the possible approach to the end of purchases will then trigger a new phase of the bear market. Perhaps that’s where the 5-year figure comes from.
I hope this brainstorming will help you make the right choice...
Good luck, friends)
#Fondina
Read also:
How to earn 10 dollars a day on Binance without investing money
Why don't Arab sheikhs buy cryptocurrency?
