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Bitcoin Bull Market Phase
Introduction
Today before I started writing this article I was thinking: “Bitcoin bull market phase takes really long. What’s wrong with this bull run?” Just because those 2 important questions came to my mind I decided take a look closer to all what happen around this bull market.
For those reasons in this article all about this bull market, bitcoin bull market phase, another bull markets, bitcoin strategy during bull market, and so on.
Please read, comment and share.
Let’s go!
Bitcoin Bull Market
Bitcoin bull market phase is phase in the bull market when most of gains you have from investment or successful trading on Bitcoin.
Bitcoin bull market phase is Bitcoin investment or trading time phase on cryptocurrency market. It happen always.
So, you see Bitcoin bull market is always happen. Little bit later I come back to this conclusion and take a look for another bull markets just to prove it.
Before you believe it’s only Bitcoin bull market take a look how crypto money flow works.
Crypto Money Flow
First of all money are coming to stablecoins and then to Bitcoin. As like you probably know, then large caps like Ethereum are on the list. From there money goes to mid caps like TRON and finally to small caps. After whole cycle money come back to Bitcoin and stablecoins.
Stablecoins -> Bitcoin -> Large Caps -> Mid Caps -> Small Caps -> Bitcoin -> Stablecoins
and repeat. This is how money flow works on cryptocurrency market.
This money flow cycle can happen a few times during bull market. Don’t expect that after one cycle it will be the end of bull market. Not at all.
Of course, money flow to small caps in the latest moment of cycle. Most of the time only private investors and speculators put money on low market caps. Institutions, smart money and hedge funds looking for more save investments. Only, because risk level taken.
Institutions Investment in this Bull Run
Let’s first explain that institutions only invest in projects with the biggest market caps and the safest projects. Simply, because their have big amount of money to spend and they can’t take some much risk like retail/private investors.
Institutions and hedge funds only invest in projects what has exposition on ETFs. For them risk taken needs to be minimal. Even in the cost lower profit.
Source: https://asicmarketplace.com/blog/bitcoin-etfs/
On this list we can see only Bitcoin ETFs, but during writing this article there were Ethereum ETFs available as well.
Bitcoin and Ethereum would be heavily invested through all bull market by institutional and smart money investors. What about another Bitcoin bull markets?
Another Bitcoin Bull Markets
As like I have written before another Bitcoin bull markets happen before. I mean by that, not whole bull markets but phases when Bitcoin is more invested than another crypto assets.
Never be surprise about it. Bitcoin is the safest asset on whole cryptocurrency market with 57,7% of whole cryptocurrency market during writing article. Capital of this asset is 1,91 trillions. So are you really surprise?
Bitcoin Market versus Altcoin Seasons
Ok, I will write little bit about Bitcoin dominance and influence on another assets on crypto market. Obviously this corelation happen and quicker you notice then better for you.
Right now we are at Bitcoin dominance phase and it was one of the reasons of writing this article. It’s mean it’s time of abandoning altcoin assets.
Source: https://www.tradingview.com/symbols/BTC.D/
Here is just prove what I am writing about and correlation with altcoins.
Source: https://www.blockchaincenter.net/en/altcoin-season-index/
On this scale you can always see how far we are in Bitcoin or altcoin season. 39 is more Bitcoin season for sure.
What else?
Remember one thing. On the cryptocurrency market during adoption market cycles change every time, but Bitcoin bull market phase will always happen. Institutions and big banks, hedge funds looking for safe investment on cryptocurrency market. It’s volatile market and market full of speculators.
The most accurate options is investments from 10th or 20th of Coinmarketcap.
Conclusions
Bitcoin bull market phase happen every cycle. Not without any reason we call it Bitcoin cycle every bull run, but it’s not mean it’s only Bitcoin cycle.
Dominance of Bitcoin asset is crucial to understand and influential for another assets on the market.
Altcoins season always happen when Bitcoin dominance is down and Bitcoin price is rising. In this moment we have huge Bitcoin dominance, so we have to wait for next bull market phase.
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