- The market shows strong bullish potential despite a perceived bearish phase, with altcoins achieving consistent double-digit growth.
- Strategic accumulation and long-term planning are vital as the cryptocurrency market prepares for significant growth in the coming years.
Despite perceived stagnation, the crypto market continues to show signs of resiliency and possibility. Popular crypto analyst Alan Santana has offered his thoughts on TradingView, stressing that several altcoins are showing amazing growth despite the “bearish” look of the market; others even daily show double-digit increases.
Santana says this positive indication emphasizes the possibility for notable market-wide developments once the bullish sentiment resurfaced.
Strategic Accumulation and the Power of Patience
According to Santana’s analysis, strategic accumulation is likely ready in the state of the current market. When considering past trends, he contrasts the present phase with possibilities observed in 2020 and August 2024, where early investments during market lows set the path for significant profits during next peaks.
Santana urges traders to take advantage of the continuous buy zone, which he believes could last for two to six weeks before the market gains momentum.
For long-term investors especially, the expert emphasizes even more the need for patience and preparation. To reduce risk and increase returns, he supports spot trading over highly leveraged positions.
Santana uses examples to show how consistent wealth building can result from disciplined approaches including dollar-cost averaging and holding assets through market swings. Emphasizing the need for preparing and keeping openness in decision-making, he advises, “Mistakes will be in the zone of selling too early or holding for too long.”
Bitcoin: Sideways Movement and Key Metrics
The flagship cryptocurrency of the market, Bitcoin, has been trading sideways with clearly declining trade volume. According to Glassnode data, the typical short-term holder of Bitcoin still retains an unrealized profit of +7.9%, even if the price of the coin recently dropped.
Their combined cost basis comes at $86.8k, a vital level for local pricing movement. Meanwhile, BTC is swapped hands at about $92,732.41 at the time of writing, a 1.01% reduction over the last 24 hours and a 3.82% drop over the last 30 days.
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Still, long-term possibilities are bright. Driven by a $15 trillion market cap, Pantera Capital CEO Dan Morehead projects Bitcoin could hit $740,000 by April 2028.
According to CNF, expectations of Bitcoin acceptance soaring from 300 million users to over 5 billion within the next decade justify this aspirational projection. Such exponential expansion emphasizes how valuable Bitcoin is becoming and its ability to transform world banking.
Furthermore, attracting attention is the idea of owning even a tiny portion of Bitcoin. With Bitcoin’s limited number of 21 million coins, CNF notes that owning just 0.01 BTC puts a person better than most worldwide.
Dollar-cost averaging turns out to be a wise approach for acquiring Bitcoin since it helps investors to keep discipline and progressively create money.
Santana’s analysis also highlights the psychological and pragmatic difficulties traders deal with. He emphasizes the need for selling at resistance levels at market highs to prevent needless worry during corrections.
For individuals who miss such chances, he counsels learning from past experiences to negotiate next market cycles. “Even if we make mistakes in 2025, our balance will increase,” Santana says, implying that long-term investors stand to benefit even with occasional missteps.
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