The rubric: "What if?" - Expiry 5 January 2024 - YieldFort

The rubric: “What if?” – Expiry 5 January 2024

The rubric: “What if?” – Expiry 5 January 2024

The first week of the new 2024 year has been mostly positive for the market, dashing into the new year on 1 January with Bitcoin booming.

And then continuing towards $45,000, breaking that mark at one point, showing a price high for the first time since April 2022, although then falling back into the price range from $42,200 to a price of $45,000. Many analysts agree on the near-term adoption of ETFs and new Bitcoin price highs. Overall, we are sticking to the plan that we have often discussed on our stream and chat:

🔸 Stage 1 – price run-up to $45-48k, on imminent ETF adoption.

🔸 Stage 2 – ETF adoption (~10 Jan)

🔸 Stage 3 – price dump, with possible price “rolling” to $28-35k.

🔸 Stage 4 – Bitcoin halving

🔸 Stage 5 – the next growth cycle, with the goal in 2025 to $80-100k.

Altcoins, as it has become usual, mostly followed Bitcoin, but some even surprised, for example, when Bitcoin “shed” on 3 January, showed all its strength. The leaders are still the same: Solana, Binance Coin, SEI, extremely surprised by the People token dump, which at the moment made +700%.

We are waiting for apparently soon the adoption of ETFs – perhaps not one, but several at once. And then, according to the plan above, a correction, expected by many, is quite possible, in which the market may well go down by 30-40%. In order not to get a “surprise” in the form of a sharp drop in the value of their assets, investors are better not to rely on luck and protect their funds now 👇

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The greater the movement in the price of the coins, the greater the return in $.

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💎 for BTC +21.86%

💎 for ETH +77.18%

👇️ Annualised returns by week on the chart 👇


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