VeChain: A New Cycle Starts, Patience Is Key To Win!The correction is over, a new cycle starts.
If we consider the start of the bull-market after the bottom hit early June 2023, we can say that VETUSDT (VeChain) is about to the enter a major bull-run wave. Two reasons why: First, the action in late 2023 early 2024 was strong. Second, in 2021 VETUSDT peaked early, in April. This means that there is the possibility of VETUSDT also peaking "early" in 2025. If that's the case, the next three months can be the bull-run phase-wave.
This is just a possibility because we are in uncharted territory. With Cryptocurrency going mainstream now and the world changing now the bull-market dynamics we are used to and already know might change. The possibility of change is an appealing one but we cannot act or plan based on assumptions so we have to go with what we know. We know the market is bullish now and regardless of how the coming b-wave develops we will have massive growth.
I am seeing potential exceeding 1,500%.
From bottom to projected top, this would mean around 5,000%. These are very rough numbers just for illustration.
Let's go a bit deeper and consider the chart.
In mid- to late 2020 there was a stop within the bull-market followed by a bull-run phase. A falling wedge pattern developed and this is exactly what we have today. This is marked blue on the chart.
Back in 2020-2021 the bull-market was really steep, but this time the rise is not as steep as before. This can be translated in several ways. The bull-market might last longer, because a steep rise tends to end by surprise. A more controlled, balanced rise leaves behind more support and this in turn can support longer periods for growth.
VeChain is not trading at bottom prices. It is trading ~150% higher compared to June's 2023 bottom low. This means that this is a pair for a strong project. A strong project is expected to grow strong in a bull-market year like 2025.
I have never been in Crypto without being surprised.
The down-wave took us by surprise and went further and for longer than anything we expected to see. The up-wave can do the same in reverse, what if VETUSDT reaches a new high, so high that we cannot yet conceive how high the next peak price will be.
It is all good with me.
As long as we get a great entry, with great timing, we can end up in the green.
Patience is key to win.
Namaste.