Despite the growing influence of institutional investors, sticking to historical crypto cycles can also pay for retail traders, a crypto executive says.
“If you are an analytics, follow the samples, and adopt the emotional approach, you will perform well in the crypto place,” “said Mina Theodoro, co -founder of the Australian Crypto Exchange Queenstesh, told Contelograph on Tuesday.
Ult Coins for “catching and doing their little thing”
Theodoro said, “I just follow the patterns of what happened in the past. He expects this cycle to be different, where BitCoin (BTC) will reach new heights and the traders will be dominated before going to Alkovins.
“When BitCoin slows down, you will see it a bit falling,” said Theodoro.
“Then, inside Altson, you will see a membrane walking on the way. At some point, all the lambs will start to go crazy.”
The signs are showing that Bitcoin may be close to the local top after reaching the new height of 3 123,100 on July 14, its dominance has decreased by 7.44 % in the last 30 days. According to trading view data, Ether (ETH) – is often seen as symbols of capital’s circulation – increases by 20 % in the same period.
Meanwhile, the Altkoin Season Index of the Skymarket Cap, which aims to estimate the hunger of the market for BitCoin and the opposite coins, moved from “BitCoin Season” to “Alticoon Season” on Sunday.
Arthur Hess says ETH “will tear up the market a new ass”
Although some analysts are making familiar predictions based on past cycles, others are not convinced that Bitcoin is losing.
Butt Max co -founder Arthur Hess said on Tuesday that “the coming Ether Bill is going to tear a new donkey to the run market,” forecasting that it could kill $ 10,000 by the end of the year.
“Ever since Solana has been $ 7 to $ 280 from the FTX Ashes, Ether has been the most hated big cap crypto.”
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However, he said that this approach is starting to change, which has been pointing to the rapidly rapid on the Fund Strat’s Tom Lee’s recent rapid Ether.
The co -founder of the strategy, Michael Seller, has a different belief that BitCoin will not be seen less. “The winter is not returning, Seller said on June 11.”
Meanwhile, Zapu Bank CEO CEO Somes Roca told the Quintel Graph earlier this month that the risk of a long bear market is still very real and does not need a “destructive” event to mobilize it.
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This article does not have investment suggestions or recommendations. Each investment and trade initiatives include a threat, and readers should do their research when making a decision.
