Each time Lisk (LSKBTC) hits a new All-Time Low (ATL), a bullish wave follows.
➖ In 2017, the ATL led to a bullish wave of 4,569%. ➖ In 2021, the ATL led to a b-wave that was much smaller but still relatively strong, with total growth amounting to 743%
We have a new ATL now, in 2024. What type of wave are we set to experience, similar to 2017 or 2021?
If we go by the law of alternation, which tends to play-out every single time, this wave should be a big one because the last one was a small one, relatively speaking.
More than 700% growth is actually pretty good but it can seen as small compared to 4,000%+.
The potential for 2025 goes to 785%-1,080% and even up to 2,397%... Right now we don't know if it will go higher or how exactly it will develop.
What we do know is that the market is not the same as it was years ago.
Cryptocurrency is now mainstream and growing every single day.
Based on early developments across the market, we are set to experience massive growth next year because institutional money is now also playing this game.
How will trillions of dollars injected into the market affect the Altcoins?
We do not know, but more capital tends to encourage all encompassing growth.
This is the BTC pair which makes it harder to predict a top. We will look into the USDT pair soon to figure out how far up Lisk can go.
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