| Time | Details |
|---|---|
| 2024-07-21 10:00 |
Weekly Update on Altcoins' Strength
According to @CryptoMichNL, altcoins continue to show strong performance. Historically, altcoins tend to bottom out in May and June, and this pattern is expected to hold in 2024. Given the current bull cycle, a stronger performance from altcoins is anticipated this year. (Source) |
| 2024-07-26 17:56 |
Bitcoin Bull Cycle Expected to Continue Until Mid-2025
According to @ki_young_ju, the current Bitcoin bull cycle is likely to extend until mid-2025. Historical data indicates that old Bitcoin whales typically take profits during bull markets, which in turn brings new capital into accumulation addresses, raising realized prices. The profit realization period in past cycles has been around 18 months, and the current cycle started approximately 4 months ago. (Source) |
| 2024-08-08 18:00 |
Altcoins Showing Strong Recovery with Potential Bull Cycle Ahead
According to @CryptoMichNL, altcoins are experiencing a significant recovery, with many showing green weekly candles. Key indicators suggesting a potential bull cycle include Bitcoin closing above $56K and Ethereum maintaining a level above 0.043/0.044 BTC. This positive momentum in both major and alternative cryptocurrencies may signal the beginning of a new bull market. (Source) |
| 2024-09-01 20:38 |
Stablecoin Market Cap Surpasses $166 Billion: Potential Lifeline for Crypto Market
According to Burak Kesmeci, the market capitalization of stablecoins has exceeded $166 billion. This marks a significant increase from March 2020, when the market cap was only $5 billion. The rapid rise, particularly during the recent bull cycle, suggests that stablecoins could provide essential liquidity and stability to the cryptocurrency market. (Source) |
| 2024-08-31 07:19 |
Justin Sun Emphasizes Importance of Holding in Crypto Markets
According to Justin Sun, he has been involved in Bitcoin since 2013 and has witnessed three major bull and bear cycles in 2013, 2017, and 2021. He highlights that within the Tron community, similar cycles occur much faster, sometimes within just 19 days. Sun's key takeaway for traders is the importance of holding onto their investments to succeed in the volatile cryptocurrency market. (Source) |
| 2024-09-07 08:20 |
Coinbase's Bitcoin Spot Trading Volume Dominance Returns to Pre-Spot ETF Levels
According to Ki Young Ju, Coinbase's Bitcoin spot trading volume dominance has returned to levels seen before the introduction of spot ETFs. For the ongoing bull cycle to persist, a rebound in U.S. demand is essential. Ki Young Ju anticipates this resurgence to occur in Q4, although he acknowledges the possibility of being incorrect. He also notes that the market is currently mid-cycle and has not yet experienced the retail bubble. (Source) |