Why This Crypto Bull Market Feels So Different (And What’s Next)

"Based on purely this, this theoretically means that prices could hit their cycle top sometime in October this year with the parabolic phase happening sometime over the summer."

"And the result was also something historically abnormal. If you look at the 2017 cycle, you'll notice that there was a gradual runup in altcoin prices with a 2 to threemonth parabolic phase that started in late 2017 and ended with a blowoff top in early 2018."

"History doesn't repeat, but it does rhyme. Every crypto cycle has been slightly different, but in this context, all everyone is wondering about is the altcoin season, which requires lots of new investors to arrive."

"The fact of the matter is that it's still too soon to say that this won't occur. Again, cycle tops historically occurred around 18 months after the hing and we're not even 12 months in. So again, let's go back to that thought experiment and consider a scenario where altcoins start rallying hard sometime over the summer."

"But now consider that all of those bullish crypto catalysts promised from the Trump administration start coming to fruition like the spot altcoin ETFs."

"All of a sudden, there's a new surge of investors, not just retail, but also institutions because the spot altcoin ETFs mean that they can allocate to altcoins, too."

"This would cause prices to pump even more, bringing in even more new investors and tempting even more investors who sold out to buy back in all within the same 2 to 3 month period."

"And that, ladies and gentlemen, is exactly how a blowoff top in crypto will occur."

"Make no mistake, nobody knows for sure when it will happen. and there's absolutely no guarantee that it will, but historical cycles suggest it may. It goes without saying that the altcoins with the closest ties to the Trump administration are likely to see the biggest gains."