The crypto market is facing significant changes after Bitcoin’s recent halving. Bitcoin halving means Bitcoin’s block reward is halved. This usually results in Bitcoin’s supply decreasing and therefore its price increasing. Whether such effects will occur or not has become the biggest debate of recent days.
Crypto analyst Emperor also noted the potential impacts of changes in Bitcoin’s dominance on altcoins. viewed. According to Emperor, Bitcoin’s dominance is undergoing a significant transformation and is approaching support levels seen in 2020 following the last halving. This situation points to a phase in which Bitcoin can gain a more stable structure and a suitable environment can be created for the growth potential of altcoins.
According to Emperor’s analysis, this shift in Bitcoin’s dominance could be a sign of the maturation of the cryptocurrency market. Bitcoin becoming more stable may cause investors to want to spread their risks and turn to alternative assets. This means that altcoins may gain more significant value.
Emphasizing strategic positioning at critical support levels, Emperor said, “Pre-Halving BTC Dominance Rising is Almost Complete.”
Recently, many altcoins have started to show stronger performance compared to Bitcoin. This development increased expectations that altcoins could gain significant upward momentum in the near future. This change was revealed as many investors turned to altcoins, which have shown resistance in recent months and the supply load has decreased.
Analyst Emperor also outlined a number of market phases likely to emerge that impact investor behavior and market liquidity.
- Slow Decline: This phase often creates anxiety and uncertainty among investors. Prices become unstable, which can reduce investors’ confidence in the market. Active market participation decreases and many investors avoid trading.
- Sudden Decline: This phase generally represents a period in which weak hands in the market are liquidated. Rapid declines in prices push late and risk-averse investors to panic and quickly exit their holdings.
- Slow Accumulation: This phase indicates that the market has entered the recovery process. Prices stabilize and a gradual upward trend begins. However, this stage often disappoints impatient investors because instead of the expected rapid profits, a slower increase is observed.
- Big Rising: The final phase indicates that the market is recovering strongly and prices are rising rapidly. Investors who follow logical and patient investment strategies are rewarded at this stage.
Finally, Emperor cautioned investors against highly leveraged transactions, suggesting that this may not be effective in the current market environment.
You can access current market movements here.
