Is it too late to buy bitcoin?

In this video, Hasher addresses a recurring and often controversial issue: Is it still relevant to invest in Bitcoin while its price reaches historical heights? With an honest and nuanced approach, he explores the current dynamics of the cryptocurrency market, while sharing his own thoughts and strategies. Bitcoin, close to the $100,000, gives rise to both hope and doubt. But is it really time to buy or should we look at other opportunities?

Bitcoin price levels and outlook

Hasher begins by answering a question that often comes back: « What price can Bitcoin reach? » He explains that this question is complex and that it is impossible to predict with certainty the evolution of the market. However, it shares its own price targets, with levels of $110,000, $120,000 and $125,000. These levels are based on personal analyses and exogenous factors, such as institutional and state involvement in the cryptocurrency market. A key element would be public announcement of Bitcoin reserves by countries, which could transform the market.

Investing in Bitcoin: short or long term?

Hasher warns against the idea of making quick profits with Bitcoin, especially in the current context where its price has already increased by 570% in two years. It stresses that Bitcoin remains a relevant option for a long-term investment, over horizons of 3, 6 or 9 years. For those looking for short-term gains, he recommends looking at other cryptocurrency that have not yet fully benefited from the current upward trend. The question is not whether Bitcoin will reach $150,000 or $200,000, but when.

In this section, we explore recent performances of Ethereum and altcoins in relation to Bitcoin, highlighting the dynamics of the cryptocurrency market. Ethereum, although late on Bitcoin, shows signs of catching up, while altcoins provoke debates about the very definition of « alt season ». We will also examine strategies to maximize profits while minimizing risks.

Ethereum: a catch-up potential against Bitcoin

Ethereum, although it recorded an impressive performance from $1,200 to $4,000, remains behind Bitcoin. Can he make up for this delay? According to the author, this is possible, but it will depend on several factors, including the planned innovations on the Ethereum network, such as the implementation of the Beam Chain by 2028-2029. These improvements are intended to solve problems of scalability, cost and speed, but their progressive implementation reflects the caution needed to avoid negative impacts on the global cryptocurrency ecosystem. Despite these challenges, Ethereum continues to attract investor confidence through its ability to innovate and respect its own rules.

Alt season: myth or reality?

The question of whether we are in « alt season » remains complex. How to define an alt season? According to mathematical indicators, it occurs when 75% of the top 100 altcoins overperform Bitcoin over a 90-day period. However, there is no consensus on this definition, as many associate an alt season with an extended period of overperformance of altcoins, often from 4 to 10 months. Currently, Bitcoin dominance has dropped from 60% to 52% in 10 days, indicating a recovery of altcoins. However, waiting for a consensus on alt season could be a strategic mistake, as opportunities often arise before the market fully recognizes them.

Strategies for investing in Altcoins and Ethereum

Investing in altcoins and Ethereum requires prudent risk management. The author recommends taking profits as soon as significant gains are realized, even if selling a little too soon. Why is it important? This makes it possible to recover the initial capital and reduce the stress of market volatility. For beginners, it is advisable to target modest gains to gain experience without taking excessive risks. Moreover, stablecoins can be used as an alternative to secure gains while remaining in the cryptocurrency ecosystem. With returns of up to 20% to 40% per year, they offer an interesting, albeit risky, opportunity to grow funds waiting for investment.

Bitcoin cycles have always raised many questions, including their predictability and evolution. In 2024, a number of landmarks changed the traditional patterns observed in previous cycles. Unlike previous years, Bitcoin reached a new record even before the halving, an event unprecedented in the history of this cryptocurrency. This phenomenon was largely influenced by external factors such as the introduction of spot ETFs on Bitcoin by BlackRock, which attracted massive capital from traditional finance. Moreover, the election of Donald Trump, a fervent advocate of cryptocurrency, also played a key role in this dynamic.

Major differences in cycles 2024

In 2024, Bitcoin broke traditional patterns by reaching a new peak before the halving, an event that had never been observed before. This change was precipitated by the arrival of ETF spots on Bitcoin, especially those of BlackRock, who injected significant capital into the market. Why is it important? Because this shows increasing adoption by financial institutions, a factor that could stabilize and strengthen the value of Bitcoin in the long term. However, it is essential to note that each cycle is unique. For example, in 2021, Bitcoin had also surprised by reaching a new record after a 50% correction, a scenario that had thwarted the expectations of investors accustomed to the 2013 and 2017 cycles.

Outlook for the coming months

Historically, the Bitcoin rising cycles follow the halving and last between 4 and 10 months. By 2024, this trend could continue, but with nuances. Donald Trump’s election in January, which promised increased support for cryptocurrency, could play a key role in market developments. The key question is: Will Bitcoin reach a new record? Opinions differ. Some believe that the current bull run is already well advanced, while others anticipate new peaks in the coming months. What is certain is that investors must remain vigilant, monitor liquidity indicators and adapt their strategies to market developments.