Ok. Alright! We are back to the big numbers. This is good for a change.
Here we have LaunchBlock (LBPUSDT). On the chart, you can see a perfect falling wedge pattern as a correction of a strong bullish wave. The first wave after the bear-market.
➖ Read this, LBPUSDT grew by an astonishing 6,751% between October 2023 and March 2024... Wow!
As the correction developed, last month there was a super high volume session and we are seeing now a rounded bottom with two green weeks. Is the bottom in? I don't know.
I mean, the chart is pointing toward the bottom being in already but how would a Bitcoin drop affect this pair? I don't know.
I do know that growth potential is huge. The pair already grew 68X recently and I can see potential for an easy 12X and even up to 31X or more, this is without a problem. This is us having a normal growth cycle in 2025. What about a super great cycle with favorable regulations and a supportive environment that encourages the growth of the Cryptocurrency market?
The mistake will end up being the same as always, we underestimated the market and ended up giving way too conservative targets. If Cryptocurrencies can grow this much, 6,000%+ within months when the SEC was fighting it, how would the market do with favorable politics? Something nice to think about.
This pair is good and the other pairs are also good when we think of what will happen next year. Don't get me wrong, it doesn't matter who wins the US elections, nor if the SEC is for or against Crypto. Cryptocurrency is the future and present of money and there is no going back. In 2025 we will have a major bull-market regardless of politics or the world.
Yes, things happen, but life goes on.
Cryptocurrency will be massive in 2025, the proof is in the chart.
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