Bitcoins Cycle and Altcoin Opportunities: What to Expect in the Upcoming Bull Run
In the fast-paced world of cryptocurrency, the next possible bull run is always the talk of the town. According to one researcher, Ardizor, it could be just two weeks away. What Ardizor is trying to hint at is the idea that Bitcoin cycles usually start some 170 days after each halving event, topping out around 310 days later.
This could be a very important historical pattern to investors. 152 days have passed since the halving as of 2024, and from this point forward, exactly 18 days remain to what was believed to be the next Bitcoin bull run.
Bitcoins Role in Shaping the Altcoins Landscape
This statement by Ardizor reflects the general trend tendency of cryptocurrency markets, which always used to move along very predictable cycles. These are influenced by market sentiment, among other influencers like regulations and technological advancements that open up windows of opportunity for big gains.
Moreover, Ardizors personal track record is impressive: if to follow this timeline, during the last cycle he reportedly saw more than 100x returns on assets like $MATIC, $SOL, and $FTM. Later, he switched to another set of Altcoins that looked promising, assuming they would also explode in price in upcoming months.
Historically, October and November are really very good months for cryptocurrency performance, so this year could be no exception either. Assuming that a bull run would be due very soon, Ardizor prepared a selection of altcoins demonstrating exponential gain.
Among them is TON, which stands for The Open Network. This is a very closely affiliated blockchain project with Telegram. TON claims to boast the merits of its $14.4 billion market cap in power to take a new turn of events on dApps and fast transactions.
Other promising tokens include SUN, the governance token of TRON networks platform for stablecoin swaps and DeFi services. In contrast, Sui-which prides itself on being a layer-1 blockchain for real-time applications-has good fundamentals with a $3.6 billion market cap.
Last but not least, Ondo Finance will bridge traditional assets, such as US Treasuries, with decentralized finance, making them quite an interesting option for investors interested in real-world asset tokenization. With the next cycle seemingly a no-brainer, such tokens might promise enormous returns in the upcoming months.
Related Reading | Stablecoins Surge as Bitcoins Volatility Compresses: What Lies Ahead?
Read more: https://www.tronweekly.com/bitcoin-altcoin-opportunities-upcoming-bull-run/
Text source: TronWeekly
