Expert Shares Tips on the Right Time to Liquidate All Investments
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The Bitcoin bullish trend appears to be rebounding after BTC soared past $100,000. With participants in the market accumulating assets once again following this surge, crypto analyst Ardizor has shared insights on when to divest to prevent losing gains earned during this bullish phase.
Timing for Full Liquidation in This Bitcoin Bull Market
In a post on X, Ardizor mentioned that he plans to offload nearly all his assets when BTC’s “Profitability Index” exceeds 300%, and when crypto gains more traction on platforms like TikTok or Instagram, along with people feeling overly confident in their knowledge. Additionally, he highlighted three other indicators that could signal a peak, serving as cues for liquidation.
Further Insights
The first indicator is when crypto exchange Coinbase tops the app store charts for two consecutive months, along with casual conversations about crypto becoming commonplace among taxi drivers. The two remaining signs include the BTC Coin Days Destroyed (CDD) metric climbing above 300 million, and when acquaintances reach out to ask if they should invest in cryptocurrency.
He asserted that the Bitcoin bullish phase will peak once these conditions materialize. In the meantime, Ardizor shared that he will continue to accumulate more coins on a daily basis. He also promised the crypto community that he would make a public announcement when the time comes to sell.
In another post on X, Ardizor offered advice on capital allocation for this Bitcoin bull run. He suggested that 40% be allocated to BTC, 20% to ETH, 10% to “quality altcoins,” 5% to high-potential meme coins, 15% for operational funds, and 20% reserved in USDT for buying dips.
With the Bitcoin bullish trend in motion after BTC’s leap above $100,000, market participants are eagerly acquiring more coins. Crypto analyst Ali Martinez referenced data from Glassnode, indicating that $35 billion has been injected into the crypto market over the past three weeks.
Potential Peak for BTC in This Market Cycle
Market experts have proposed price targets that might signify the peak for BTC in this Bitcoin bullish phase. Seasoned trader Peter Brandt indicated that the leading cryptocurrency is on track to hit the peak of this bull market cycle between $125,000 and $150,000 by August or September this year. Following this, he anticipates a substantial correction of 50%.
Further Insights
Crypto analyst CrediBULL Crypto also concurred with a target of $150,000 for this Bitcoin market cycle. He additionally raised the prospect of BTC hitting $200,000, citing Jim Cramer’s assertion that the leading cryptocurrency cannot attain that mark during this bullish period. Standard Chartered has predicted that $200,000 is feasible for BTC by year-end.
At the current moment, Bitcoin is trading around $103,600, showing an increase over the past 24 hours, as per data from CoinMarketCap.
Featured image from Getty Images, chart from Tradingview.com
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