{"id":374463,"date":"2019-03-12T20:00:32","date_gmt":"2019-03-12T20:00:32","guid":{"rendered":"https:\/\/ktsl888.com\/?p=374463"},"modified":"2024-06-11T07:37:51","modified_gmt":"2024-06-11T07:37:51","slug":"experienced-altcoin-trader-outlines-expectations-for-bitcoin-and-alt-bull-cycles","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/experienced-altcoin-trader-outlines-expectations-for-bitcoin-and-alt-bull-cycles\/","title":{"rendered":"Experienced Altcoin Trader Outlines Expectations For Bitcoin and Alt Bull Cycles"},"content":{"rendered":"

Bitcoin bulls have been battered and beaten throughout the ongoing bear market, but signs of bullishness have slowly begun to return to the crypto market<\/a>. As Bitcoin<\/a> itself stabilizes, the altcoin space has heated up, with many individual coins going on significant rallies.<\/span><\/p>\n

The return of interest to the market has caused one published author and altcoin trader to deeply analyze the relationship between Bitcoin and alts, and the study may help explain what to expect in the coming months as the crypto bear market comes to an end<\/a>.<\/span><\/p>\n

Altcoin Bull Cycle to Occur First, Profit Taking into BTC to Drive Bitcoin Bull Cycle<\/span><\/h2>\n

Nik Patel is the best-selling author behind An Altcoin Trader\u2019s Handbook<\/a>, and among the most prolific traders focused on the altcoin market across crypto Twitter. Having first got into cryptocurrency investing in 2013, the published author has had nearly 7 years of market experience under his belt, and deeply understands the sometimes confusing relationship between Bitcoin and altcoins.<\/span><\/p>\n

As the crypto market begins to gather bullish momentum<\/a>, the trader has shared his detailed analysis of how he expects each bull cycle to play out so that traders can take full advantage of upcoming market movements and best prepare for the next bull run.<\/span><\/p>\n

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To conclude, this is what I believe will occur from here on:<\/p>\n

ALTBTC prices will experience a bull cycle, whilst BTC remains fairly stable and largely range-bound. BTC will break above the range, leading to a larger move towards $6k resistance, during which alts will be sold off.<\/p>\n

— Nik (@cointradernik) March 12, 2019<\/a><\/p><\/blockquote>\n