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Crypto Analyst Unveils The ‘True Time To Sell It All’: Here’s When

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Crypto Analyst Unveils The ‘True Time To Sell It All’: Here’s When - NewsBTC

Quick Summary:

With the next weekly low not expected until late December, he sees “still room for upside” and anticipates that “price [will] accelerate here.” Addressing market psychology, he cautions, “The market always finds a way to escape on the low timeframes as most traders (‘investors’) find themselves trapped into short term memory fallacy and simply forget the high timeframe picture.” Astronomer remains confident in his projection, stating, “Overall peak is still expected in the second half of 2025, where I think the true time to ‘sell it all’ may occur.” For Ethereum, Astronomer notes a similar but compressed cyclical pattern compared to Bitcoin.“ETH typically drops later near the 4-year cycle peaks (2014, 2018, 2022) and has its surge also later in the 4-year cycle (2016, 2020), making its moves seem more aggressive,” he explained.

In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) has provided an in-depth macro outlook on Bitcoin (BTC) and Ethereum (ETH), suggesting that the next significant market peak—and potentially the ideal time to “sell it all”—may occur in the second half of 2025.“Another month and a half has passed, and the full macro breakout thesis is really pushing many eyes onto the crypto charts now,” Astronomer states.

Related Reading: Top Crypto Analyst Unveils Strategy To Make Millions’ By March 2025 Delving into Bitcoin’s macro perspective, Astronomer uses a combination of time, sentiment, and volume to identify weekly cycle lows.“The Middle East capitulation event [Israel-Iran tensions] clearly formed that, timed well 28 weeks after the previous weekly cycle low,” he observes.


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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 17:00:54 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 663 words

Reading Time: 4 minutes read

Sentences: 66 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23217002

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

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News Last Updated: 12 hours ago

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Publisher ID: #102

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