The sentiment in the digital currency market is becoming more and more bullish. The banking crisis makes cryptos a popular alternative for many investors. Although the SEC has always publicly communicated high risks of late, a large number of investors apparently currently see the traditional financial sector as more risky. However, it is still too early for a final trend reversal. The year 2023 started impressively bullish, much more positive than many experts recently expected. Because originally, a recovery movement was more likely in the second half of 2023. But as is so often the case, the markets trade the future. It didn’t take falling interest rates or a significant drop in inflation to bring about the recovery.
Should other stress factors also disappear, the next bull run could cause parabolic price developments in the digital currency market. While bitcoin could continue to form the basis of a crypto portfolio as the safest investment in crypto space, a new altcoin season is also likely. Here, successfully selected cryptos from the lucrative segment of coin pre-sales could result in above-average performance.
Meme coin with 100x potential – learn more here
Bull run or bear market: the decision has not yet been made
The transition from a bear market to a bull market is often difficult to predict and can only be identified with certainty in retrospect. However, there are various indicators that can point to a trend reversal, such as an increase in trading volume, an increase in activity, or a break of key resistance levels or downtrends.
The first crypto influencers already saw the break of the long-term downward trend on a daily basis as a decisive trend reversal.
In contrast, crypto traders are now increasingly predicting the bullish trend reversal in the weekly chart as the sustainable beginning of the bull market. Because the last week of trading brightened the long-term chart picture significantly.
After an ongoing consolidation between $19,630 and $22,000, Bitcoin (BTC) recently experienced a sharp rise to up to $24,822 in just one day, which meant double-digit price gains. Arthur Hayes, the former CEO of the crypto exchange BitMEX, was very bullish and saw this as the starting signal for the new bull market. However, it remains to be seen whether this was the ultimate liberation and whether the transition from bear to bull market really took place.
But there is no doubt that many crypto influencers have announced their entry into the bull market countless times. Because it undoubtedly generates clicks when you announce the start of parabolic price developments. However, the question of sustainability always arises. Ultimately, the future will show which assessment is right. Above all, however, macroeconomic negative factors should disappear in order to improve sentiment. On the other hand, the banking crisis could help accelerate entry.
Next bull run? The Fed should fix it
Monetary policy affects not only traditional markets but also the crypto market. Raoul Pal, almost a million followers on Twitter, recently argued that a return to quantitative easing could justify Bitcoin’s bull run in the medium term. This could drive inflation expectations, so investors are increasingly looking for alternative stocks that are better protected from inflation due to the limited number.
At the same time, the return to loose monetary policy should be sustainable. For this to happen, inflation has to go down, otherwise the Fed could quickly raise interest rates again after the banks have been rescued.
WHY IT’S DIFFERENT THIS TIME
During the Covid crisis, did bitcoin have its moment? Not really, it nuked harder than anything instead of acting as a safe haven—and then traded like a junk risk stock on steroids, mooning at the same time as dogecoin and monkey jpegs.
During the… https://t.co/L9t6clLudF pic.twitter.com/CZZ9eMtMFG
— Erica Wall
Taproot Wizard #2 (@ercwl) March 19, 2023
However, it is also positive that Bitcoin is now acting as a kind of safe haven for the first time. While the traditional banking system suffers, there is a significant inflow of capital here. This argument is undoubtedly not to be scoffed at, so that a new bull run could be imminent.
Three crypto presales for the next bull run: Buy now and speculate on a price explosion
If you want to look around the lucrative market segment of crypto presales in order to outperform the broader market in the future, you could also take a look at the following three coins, all of which convince with an exciting concept, massive demand and a gigantic target market.
Love Hate Inu (LHINU): Meme coin relies on real utility and hype potential
The new Love Hate Inu Coin was able to raise well over $1 million in crypto presale in 10 days. Here the chances are good that on the one hand you can benefit from the hype potential of crypto memes and on the other hand you can establish the real benefit in the survey industry. With an innovative vote-to-earn concept, one wants to generate transparent, serious and valid results, since counterfeits are excluded thanks to the staking mechanism. Love Hate Inu’s fun illustrations and captivating branding make it viral. Since LHINU is only in the second pre-sale phase, a cheap entry is still possible.
Now for the Love Hate Inu Presale
Fight Out (FGHT): Blockchain Technology Disrupts Sport & Fitness – Attractive Rewards in the Ecosystem
In around three days, the innovative Move 2 Earn Coin Fight Out reach the final pre-sale stage, leaving early investors rushing for book profits. Using blockchain technology, they want to develop a web-based app that connects high-end gyms and the virtual fitness metaverse. The personal avatar, which users can shape directly after registration, is particularly innovative. This will develop in the future according to the real training progress. With 67% bonus tokens, investors could get a massive buffer ahead of the ICO in early April. With seven CEX listings already confirmed, massive liquidity could support a positive start to trading.
C+Charge (CCHG): Web3 app creates more transparency and accessibility for e-mobility
The eco-friendly cryptocurrency C+Charge is particularly well advanced in the presale. Because the IEO of CCHG will take place at BitMart in March 2023. C+Charge’s green crypto project aims to bring more transparency to the electric vehicle charging network with a Web3 app to drive the adoption curve. Here the focus is on a combination of accessible applications with monetary incentives through emission credits. Another price increase is still pending at CCHG – so it might be worth being quick. Since the first partnerships have already been concluded and the beta version of the app has been released at the same time, there is hope for a groundbreaking crypto project.
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