The cryptocurrency market offers the best buying opportunities during bear season. However, identifying opportunities and entering the market consistently is a daunting task for many. In addition, more than 25,000 digital assets are tracked by Coingecko and traded on various exchanges.
Nevertheless, all altcoins generally follow the same market outlook as Bitcoin, which has already established a four-year cycle triggered by the halving. Ideally, the mainstream adoption of digital assets and blockchain technology is expected to significantly increase the imbalance between the supply and demand of digital assets.
Crypto Analyst Zero Ika On Altcoin Market Tips And Plan
According to a popular crypto analyst Zero Ika, the accumulation phase of altcoins is expected to continue until April 2024, during the Bitcoin halving. With about 250 days left in the crypto accumulation zone, the analyst stressed that the next altcoin gems are now to be identified.
“Look for strong coins and “unpumped” fresh charts,” Zero Ika noted.
Meanwhile, the analyst expects TOTAL2, which represents the total market cap of digital assets other than Bitcoin, to continue bleeding through the end of the year. As a result, Zero Ika stressed that there is no reason to jump all over the crypto market as the bull rally is not going to start any time soon.
“My best tip from the heart is to always keep part of the money behind. Don’t feel the need to be IN the market all the time, learn how to sit on money. The “urge” condition will only cause your mistakes,” the analyst argued.