Good afternoon my fellow Cryptocurrency trader, I hope you are having a wonderful day.
Something amazing is happening here with Vechain, VETBTC. Right now this pair is trading at the lowest price ever, which is the lowest since September 2019, more than five years ago.
The exact same price, back in 2019, around 340 satoshis (0.00000340), marked the end of a bearish wave and the start of a major bullish cycle. Every end is the start of something new.
The previous bullish cycle developed in a series of three waves with each wave being many times stronger than the previous one. Total cycle duration was 595 days with a total of 1,291% growth from bottom to top. This is all pretty amazing.
Looking at the chart, we can see that there was a clear opportunity to sell at the top of each wave and buy back lower. There was plenty of time to sell on the way up or on the way down, and plenty of time to buy again at the wave low/support or when the bullish action was again being restarted.
The situation is similar now. This is an opportunity that does not repeat very often.
VETBTC is trading at bottom prices, just think late 2019, and soon will enter "wave 1," the first strong wave of the bull-market.
We are projecting/predicting a bull-market for 2025, most of the year and an end the same year but it can extend. Who is to say that the bull-market won't go into 2026 or even longer? This can happen because of how monetary policy is now changing toward easy money and now Cryptocurrencies are becoming more available and accepted across the world. There is always the possibility of the unexpected happening and a super mega bullish cycle developing in accordance with the evolution of the human race, technology and money. Just as the Internet changed the world, Cryptocurrency is changing money. Imagine a new uptrend develops that goes on and on and on just as it happened with the technology stocks.
Ok. Such scenario wouldn't affect all the pairs equally and we would still have corrections. Since Bitcoin would be strong also then the BTC pairing on the Altcoins market would have to undergone unknown price dynamics, but the future is bright for our space. The future is bright for Crypto. The future is bright because humans as a whole are waking up.
The bear market for VETBTC lasted 1,246 days. Counting the 16-September 2024 All-Time Low (0.00000335) as the bottom. This is a very long time based on any standard for this market.
Knowing this, we can start the accumulation phase. Accumulation refers to buying with the intention to continue buying in order to hold long-term. You can't go wrong.
If prices drop, just wait. If prices rise, just wait. Buy as much as your finances permit; that's the accumulation phase.
The worst case scenario is a long wait. We can see this and we are prepared.
Since the bear market is already on for more than 3.5 years, and we see the activation of a 5 years long support, we don't have to worry about a long-term drawn-out bear-market because we are looking at a true bottom and thus the next major trend will be up.
We saw a downtrend and so we get an uptrend next.
An uptrend is defined by higher lows and higher highs... Once you are in and in the green, you have a successful trade.
It can be life changing if we take action and hold strong.
If you are reading this now, you must be really smart, lucky, prepared, a genius or a combination of those, because normally people tend to become aware about these projects at the top which is the wrong time to be bullish, just like it happened for many in March 2024.
But this is not March. It is already October and prices are really low. Buy low is what I say. Buy at the bottom. Buy near support.
When prices are high up and near resistance, that's the time to sell. When prices are hitting new All-Time Highs, that's the time to trim your position and secure profits. When prices are high, think short-term.
When prices are low, buy and hold, focusing on the long-term.
Are you ready for 2025?
We will have the biggest bull-market in years... It will be the most amazing bull-market the Cryptocurrency market has ever seen. It will be something for the record books because the market has never been this big before. The market has never been this big and this is the first time that Cryptocurrency is open and available to the whole world.
There will be many millionaires coming out of this cycle, are you going to be one of those?
Prepare yourself and work hard. Money is endless. There is no limit to how much wealth is available in the world.
The only limitations are those we create with our thoughts.
Hope for the best, prepare for the best and you will get what you want.
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