A generally followed crypto analyst says that investors should linger, because we are nowhere near the start of the next crypto -bear market.
In a new one VIDEO -UPDATEGuy Turner, the host of Coin Bureau, tells his 2.66 million YouTube subscribers that the markets are still a lot to Bullish for traders to think about a bear market that will soon start, despite the fact that the industry recently takes a “banging”.
According to Turner, we are still very much in Bitcoin (BTC) season, because BTC -Dominance is still on the rise. He notes that when it is time to browse the Altcoin season, which seems to come soon, the top 10 altcoins per market capitalization will probably see the most inflow.
“Bitcoin Dominance continues to climb … looking at the Altcoin seal indicator, we are still clear in the Bitcoin season, but you will also notice that we are also at levels where this trend is historically reversed, with more money that flows in Altcoins.
In our opinion, the altcoins that will see the most investment will probably be in the top 10 of market capitalization, although this also means that the potential profits will be considerably lower. “
The Crypto king acts for $ 84,542 at the time of writing, a fractional increase in the day, while the dominant level is currently Sits at 63.9%.
Turner also says that the regulatory turnaround by the US will also strongly strengthen the industry on digital assets, both in retail and in institutional trade, so traders should not yet think of giving up.
“Crypto supervisors in the US have become much friendlier for the industry thanks to the pro-Crypto attitude of the Trump administration …
We believe that this will help to attract a wide range of investors to the cryptomarkt over time, whether it is retail or institutional investors, and this is also the reason why we believe that although the market has absolutely had been troubled lately, we should not tap …
The general image is still too Bullish for us to quickly worry about a bear market. “
https://www.youtube.com/watch?v=JZN2KJYOUM
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