{"id":16002,"date":"2024-10-23T17:00:54","date_gmt":"2024-10-23T17:00:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=16002"},"modified":"2024-10-23T17:00:54","modified_gmt":"2024-10-23T17:00:54","slug":"crypto-analyst-unveils-the-true-time-to-sell-it-all-heres-when","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=16002","title":{"rendered":"Crypto Analyst Unveils The \u2018True Time To Sell It All\u2019: Here\u2019s When"},"content":{"rendered":"

In an analysis<\/a> 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\u2014and potentially the ideal time to \u201csell it all\u201d\u2014may occur in the second half of 2025.<\/p>\n

\u201cAnother month and a half has passed, and the full macro breakout thesis is really pushing many eyes onto the crypto charts now,\u201d Astronomer states. Reflecting on his earlier predictions, he notes, \u201cLast time we posted our plan of a Q4 upside breakout, BTC was at $58k and ETH was at $2.3k.\u201d Since then, Bitcoin has risen by 20% and Ethereum by 13%, moves that occurred \u201cagainst all the low timeframe technical analysis users\u2019 belief, before the full breakout even happened.\u201d<\/p>\n

When Will This Crypto Bull Run End?<\/h2>\n

Astronomer emphasizes that traditional order flow and price action analysis are less effective on higher time frames, leading him to seek \u201cedge elsewhere\u201d through multiple data analyses. \u201cWe had our thesis in place, with multiple data analyses supporting not only that the low is in, but also that we likely would see a high timeframe breakout,\u201d he explains.<\/p>\n

Delving into Bitcoin\u2019s macro perspective, Astronomer uses a combination of time, sentiment, and volume to identify weekly cycle lows. \u201cThe Middle East capitulation event [Israel-Iran tensions<\/a>] clearly formed that, timed well 28 weeks after the previous weekly cycle low,\u201d he observes. With the next weekly low not expected until late December, he sees \u201cstill room for upside\u201d and anticipates that \u201cprice [will] accelerate here.\u201d<\/p>\n

Addressing market psychology, he cautions, \u201cThe market always finds a way to escape on the low timeframes as most traders (\u2018investors\u2019) find themselves trapped into short term memory fallacy and simply forget the high timeframe picture.\u201d Astronomer remains confident in his projection, stating, \u201cOverall peak is still expected in the second half of 2025, where I think the true time to \u2018sell it all\u2019 may occur.\u201d<\/p>\n

For Ethereum, Astronomer notes a similar but compressed cyclical pattern<\/a> compared to Bitcoin. \u201cETH 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,\u201d he explained.<\/p>\n

He also addresses the current sentiment towards Ethereum and other layer-1 protocols: \u201cIt\u2019s clear by now that \u2018useful\u2019 coins are deemed \u2018useless\u2019, typical things called for when price doesn\u2019t move. Yet anyone who even remotely used ETH knows what it can do.\u201d Astronomer attributes the stagnation in utility growth to cyclical and sentimental factors, noting, \u201cWe\u2019ve seen massive hype around it in 2021 and that simply hasn\u2019t been digested yet.\u201d<\/p>\n

While maintaining a bullish outlook, Astronomer acknowledges the possibility of unforeseen events that could disrupt the market. \u201cDespite all the data, there still always is a small chance I\u2019m wrong,\u201d he admitted. Citing potential global crises<\/a> like \u201cWorld War 3 (WW3)\u201d or \u201cthe end of a nation,\u201d he warns that such events \u201ccan always pull down the market significantly,\u201d potentially causing Bitcoin to drop \u201cback below $50k.\u201d<\/p>\n

However, he remains steadfast in his strategy: \u201cCycles are powerful in nature, and we\u2019ve shown why those events shouldn\u2019t faze you. I will indeed hold on in that case, hedged with large shorts well timed and just continue to ride out the cycle as I do think price will recover from there.\u201d<\/p>\n

Overall, the analyst cautions traders against losing sight of the broader picture due to short-term market movements: \u201cYou\u2019ll start to question why\u2026 But so far, so good.\u201d When asked by a user, \u201cWow! You think BTC could hit $350k? That\u2019s incredible!\u201d, Astronomer clarified his position: \u201cI don\u2019t think so. Optical illusion on the chart. It\u2019s more $150-200k I think we can reach.\u201d<\/p>\n

At press time, BTC traded at $66,475.<\/p>","protected":false},"excerpt":{"rendered":"

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\u2014and potentially the ideal time to \u201csell it all\u201d\u2014may occur in the second half of 2025. \u201cAnother month and a half has passed, and the full macro […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16002","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16002"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16002"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16002\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}