Date: 2023-07-18T17:26:25Z Creator: Bitfolio Academy
Brace yourselves, crypto enthusiasts! We’re at the beginning of an adrenaline-fueled ride into a wealth tsunami – the bull run of 2024. This is why wise and weathered investors are acting like ravenous lions, seizing the moment and buying the dip! Bitcoin and Ethereum have slipped below 30k and 1900, respectively. The daily chart is pulsating with an energetic bullish momentum, hinting that these dips are not signs of retreat but golden opportunities to buy the dip!
Take a step back, expand your vision and look at the crypto market cycle. We’re 272 days away from the next Bitcoin halving event! This phase of the cycle is usually synonymous with a ‘sideways chop’. The crypto sentiment is under the weather, and last quarter witnessed a 43% slump in trading volume on centralized exchanges.
Don’t anticipate an explosive boom in the immediate weeks and months. Rather, strap in for a steady ascend as Bitcoin trudges toward my year-end target of 39K.
But, donβt fret. The bull run is coming in earnest in 2024.
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Disclaimer: I am not a registered investment advisor. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.
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