Renowned crypto trader, known as “Lady of Crypto,” has shared insights into her investment strategy for the anticipated crypto bull run in 2024. Leveraging historical crypto charts, she outlines a plan based on previous Bitcoin patterns.
Read CRYPTONEWSLAND onIn a concise breakdown, the Lady points out that in the last two bull runs, Bitcoin surged to break its previous all-time high (ATH) approximately seven months after the halving event. Subsequently, Bitcoin continued to set new highs for around 10 months, with altcoins experiencing a bullish trend for about 11 months.
Notably, this pattern unfolded over an 18-month period both times. Drawing parallels from historical trends, the Lady speculates that if the pattern repeats, 2024 will be a lucrative year for crypto enthusiasts. Anticipating altcoins to surge, Bitcoin to surpass its ATH in late 2024, and substantial gains by mid to late 2025, the Lady of Crypto envisions cashing out millions.
However, she cautions against attempting to time the market top precisely, acknowledging that history doesn’t repeat identically. To navigate this, the Lady outlines a strategic approach. Upon Bitcoin breaking its ATH, she plans to set a timer for 11 months. During the initial six months, she will cautiously take profits, gradually increasing the rate in the last five months.
The Lady emphasizes a proactive profit-taking approach throughout the bull run, recognizing the 18-month window from the halving as an opportunity to capitalize on market momentum. While acknowledging the speculative nature of crypto investments, her plan aims to maximize gains within the historical context of crypto market cycles.
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