Don’t Panic Sell! Expert Reveals Top Reasons Why Bitcoins & Altcoins Will Surge Soon

Amidst the doom and gloom of many crypto analysts, a beacon of optimism shines through: Rekt Fencer. He’s making a bold claim – the market might be on the verge of something huge. But is he right?

Before you hit the panic button (or the buy button!), let’s dive into Fencer’s reasoning and see if patience truly is the key to unlocking massive crypto gains.

Understanding Bitcoin’s Current Phase

Following Bitcoin’s recent halving, the market is in a consolidation phase. It has seen a 13% drop from its highs and remains stable for 15 consecutive weeks—a common pattern after major price swings.

Rekt Fencer argues that this phase, though frustrating, is essential and mirrors past cycles in 2017 and 2021. Historically, the accumulation stage lasted 4-5 months before a parabolic move.

Key Indicators Point to Future Growth  

Several indicators support Fencer’s optimism:

• Fed Reserve Balance Sheet: The Federal Reserve’s total assets chart is bottoming out, suggesting future liquidity injections, which will benefit crypto.

• Stablecoin Index: Currently, liquidity is lower than in previous cycles, indicating potential for growth as new capital enters the market.

• VC Funding: With investments currently 3-4 times lower than 2021 peaks, there is room for significant funding increases during the next bull run.

• Global Net Liquidity Index: Major Central Banks’ assets and FED reserves are consolidating, signalling a possible future increase in liquidity.

Political and Regulatory Catalysts

Fencer identifies upcoming political events and regulatory shifts as potential drivers:

• US Election 2024: Cryptocurrency has become a political focal point, with promises from figures like Trump to support the industry.
• Rate Cuts: Countries like Canada and Switzerland have already cut rates, and the US might follow suit, potentially positively impacting crypto markets.

Altcoin Season Predictions 

For altcoin holders, Rekt Fencer advises against selling now. He notes that BTC dominance has been stable, but a decline could signal the start of the altseason. 

The launch of an ETH ETF, possibly as early as July, and the upcoming SOL ETF could further clarify altcoin trends.

Despite prevailing market sentiment, Rekt Fencer remains bullish. He suggests that maintaining patience and holding investments could yield significant rewards as the market progresses through its natural cycle, poised for substantial growth opportunities.

While some voices predict the end of the current bull run, the convergence of indicators, upcoming political events, and potential regulatory changes makes a compelling case for continued investment in both Bitcoin and altcoins.

Read Also: Q3 & Q4 Poised For A Massive Altcoin Rally Hints Top Crypto Analyst 

As Rekt Fencer reminds us, patience is a virtue, especially in the world of crypto.