Here, with Cronos, we have an interesting chart. Preceding the late 2021 bull-run, we have a dynamic of two successive bullish waves. Or, one big wave with two peaks. After this two waves, a big bull-run developed ending in a new all-time high.
A year long correction followed the ATH and after this correction an accumulation phase ending in a higher lower low, compared to the low hit in March 2020 (the start of the bullish cycle).
And then we have a repeating pattern —present time. We have two successive bullish waves, or one big wave with two peaks, this right before 2025 which is a bull-market year.
We know 2025 to be a bull-market year because cryptocurrency goes super bullish every four years. For example: 2025, 2021, 2017, 2013, 2009.
➖ Bitcoin was borne 2009. ➖ Bitcoin's first major milestone happened November 2013. (A peak price of $1,242 was hit.) ➖ Bitcoin's next major milestone happened December 2017. (A peak price of $19,804 was hit.) ➖ Bitcoin continued with its always bullish climb and hit its latest high in November 2021. (A peak price of $68,997 was hit.)
Bitcoin is set to continue with the same pattern and hit a new high somewhere around late 2025 (can be early 2026). Always allow for small variations. (A peak price around $200,000 is likely to be hit.)
This four year cycle not only affects Bitcoin but the entire cryptocurrency market. Therefore we see Cronos joining the chorus as it has done before.
👉 Cronos (CROUSDT) has the potential to hit $2.50 as its new all-time high in the year 2025. From current price, this would allow a total of 2,760% growth or 29X.
The current price isn't likely the lowest price before the bull-market, and thus we have reason to believe that this cryptocurrency can easily grow from bottom to top in excess of 30X. Can be 30 just as it can be 35 or 40X, but it can also be lower.
Knowing that cryptocurrency has gone mainstream, the market is growing, evolving and fiat currencies continue to lose value (inflation), we can aim to the higher portion of our projections. If these numbers look/feel/sound big, just think that the 2021 bull-market produced a massive 3,875% cycle, which is equal to ~40X. So that settles it.
Even if we get "only" 10X, 5X, we would still be incredibly blessed to enjoy such astounding growth and profits.
Knowing this, we focus now on the simplest and most effective strategy on earth for trading cryptocurrency successfully before a major bull-market; buy and hold.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.