We’re sitting only about 15% away from Bitcoin’s all-time high, yet it feels like we’re still stuck in a $60K market, especially when you zoom in on altcoins.
PS. If you can’t read this article because of the paywall, you can subscribe here — Wise Healthy Wealth Newsletter. — the perk is you can read all my future medium articles for free and stay ahead of the market with exclusive insights!
Sentiment across the space is low, confidence is shaky, and outside of some cabal-backed memecoins, the broader altcoin market is struggling to catch a bid. But here’s the thing: if history tells us anything, this is a familiar part of the cycle.
We’re going to rewind to the 2021 altseason to see what might be coming next for alts in this cycle. Buckle up, because what we’re about to uncover will get you excited for the months ahead. Let’s dive in. 🧵👇
Alright, now that we’ve got that out of the way, here’s something you need to know — it’s been 169 days since the last Bitcoin halving. If you compare that with the previous cycle, this is where $BTC and the broader crypto market were on October 27, 2020.
So, what happened next after this point in 2020?
I’ll give you a hint: it was nothing short of explosive. Keep reading, and I promise, you’ll be shocked.