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The Accumulation Phase of The Next Bull Market.
Prepare Your Bags, The Crypto Bull Cycle is Coming.
The Crypto Bull Market Accumulation Phase Has Arrived.
The Accumulation Phase of The Next Bull Market.
Prepare Your Bags, The Crypto Bull Cycle is Coming.
This past week was an amazing experience for me. I had the pleasure of being part of the first ever collaborative crypto course with my friend Ben DuBard. Our first class is now prepared to tackle the incredible world of cryptocurrency. I want to give a special shout out to my friend DollarCostCrypto, for being a guest.
Now, this week has also been eventful because despite the negative rhetoric out of parts of Washington. Bitcoin and cryptocurrency as a whole is looking pretty good. It seems we are successfully past the suckers rally and moving into the accumulation phase of the market. Now, as I have mentioned multiple times on my livestreams. I believe this part of the cycle will last up until the Bitcoin Halving which is in approximately 305 days. As you probably already know, I am not much of a TA guy. I prefer to follow cycles. History tends to repeat in Crypto.
Below is a chart of the Bitcoin Halving rallies. This should give you a great perspective of what to expect in the coming two years.
Bitcoin Halving Rallies.
So if history repeats or at least rhymes. We should have a slight rally for the rest of 2023 which I believe will get serious after September. This current pump in the last week could be related to issues in Russia and the drop in value of the Ruble. Bitcoin was once again acting as a safe have asset in a tumultuous period.
So what does this mean for other cryptocurrencies? Well Bitcoin will likely have a run up prior to the other cryptos. This is where we get the term, “Bitcoin Dominance”. Right now, Bitcoin dominance is sitting at around 50% but it is bound to keep rising. I would not be surprised if BTC hit a dominance of over 80% prior to the Bitcoin Halving. The good news is that dominance does not stay there. People want to make money so shortly after the peak, big money will shift attention to the other cryptocurrencies.
Here is a poll I took on Twitter.
How high will #Bitcoin Dominance Go This Time?
$BTC— Randy Hilarski (@PulseMafia)
4:43 PM • Jun 23, 2023
The good news is that there is massive opportunity here. While Bitcoin Maxi’s and newbs to crypto are chasing a 2X-4X pump, you can be buying up quality assets in the crypto space while everything is still down over 80% from their previous highs. This is why I call this period accumulation phase.
This is where the big money is made in crypto. While everyone is distracted by Bitcoin doing what it does up until the halving. There is a short period of opportunity, 6 months or so, for us to quietly buy up our favorite projects before the Youtube FURU’s begin talking about these assets. These are the assets that could 20X-100X.
You know that I am a big fan of Pulsechain. Here is a list of assets on Pulsechain and Ethereum I think will do very well in the next Bull Run.
PLS
PLSX
HEX
eHEX
Phiat
Phame
PHux
9INCH
e9INCH
Maximus
Icosa
Hedron
eIcosa
eHedron
Watt
Loan
Mintra
PP
BBC
PLD
Ethereum
Now I am sure I missed a few but this is where I have put our money for the upcoming bull market. Now I am not a financial advisor. This is just what we are doing.
Our Patreon group, “No Permissions” has two calls a week where we discuss strategies. We would love to have you join us in our private Telegram channel where we have sections concerning Crypto, Health, International Living, Banking etc. I look forward to seeing you there!