Bitcoin produced only two days red, a bear-trap, and is now trading daily back above $107,000, an extremely bullish development.
Good morning my fellow Cryptocurrency trader, I hope you are having wonderful day.
The altcoins market bull market is confirmed and what Bitcoin is currently doing gives further strength to the bullish case and bias. It will be only a matter of days before the entire altcoins market turns strongly bullish with major momentum.
The range is still valid though, $100,000 – $110,000. But this time around the upper-boundary is likely to break and the last ATH tested, a new all-time high is even possible and also highly probable which is what will propelled the altcoins to hit multi-year highs and some even new all-time highs. Many pairs will move ahead.
With each passing day, the Cryptocurrency market will continue to heat up. We can expect growth long-term.
The 2025 bullish cycle started with the 7-April market low. The start of the third wave started 22-June and should go for 2-3 months. Then we will have a correction, the fourth wave followed by one final jump, the fifth wave.
We can expect growth now and all through late 2025. The entire period will be bullish. Only when the marketwide correction comes there will be a pause but many pairs will grow even at this point.
Choose wisely. Low risk vs high potential for reward.
Aim high. Focus on the long-term.
Thanks a lot for your continued support.
Namaste.
