Retrace Is Over: The Cryptocurrency Market Will Resume Growing
2024-12-11
Category: None

It was a very short retrace if you think about it, it only lasted two days... The Cryptocurrency market is set to continue growing, especially the Altcoins. It is normal to see retraces, shakeouts and swings as prices move up. The market never moves in a straight line that being up or down. There are always fluctuations.

With fluctuations, an uptrend means higher highs and higher lows and this is what we are seeing. Corrections are also normal but we have not seen any on Bitcoin. The current drop was only a "retrace," which means a very small correction.

On the Altcoins side of the market, these being smaller and more volatile, some retraced stronger but this too was short-lived. The market will resume growing.

When you see two, three, five days red erasing 2-3 weeks of growth, this can be considered as the market being bearish for 2-3 weeks. In 2-3 days there is a market flush, over-leveraged positions removed, weak-hands removed, and this opens the doors for additional growth.

Make no mistake. 👉  The market will continue growing. Crypto will continue growing. Bitcoin will continue growing. The Altcoins are going up. 

Knowing this, what will you do now?
Will you buy and hold?
Will you accumulate?

The market always gives a second chance... There will be endless of opportunity to profit on the way up.

It is no longer early, we are already in-the-action. But this action is set to unravel based on the long-term. Some projects will peak in March, April and May, but many more will peak by the end of 2025. Allow for variations because the market is really big.

Those moving now, will continue to grow.
Those consolidating, will move up.
Those at the bottom, will wake up.

Everything grows.

The Cryptocurrency market is bullish.
We are bullish.
Bitcoin is bullish.

Prepare for the next leg up.
Higher highs and higher lows.

Namaste.