The entire crypto market has collapsed sharply in recent weeks and months. Even Bitcoin, although it is the largest cryptocurrency in the world, it has hit the coin just as hard. However, a large part of the altcoins have suffered more than Bitcoin. These altcoins have been able to fall by up to 90% so far. But which of these could you invest in now so that you could profit extremely in the next bull market? We from CryptoTicker will tell you about 3 altcoins today, which could rise sharply in the next bull market!
When is the next bull market?
Before we introduce you to 3 altcoins that could rise extremely in the next bull market, we first have to ask you the question “When is the next bull market?” enlighten. The next bullrun is not far away.
If we look at the past of the Bitcoin price, we can see that Bitcoin has always reached the bottom of the bear market 1 year before the halving in January. So we can extract the data that the Bitcoin had reached the bottom in January 2015 and in January 2019. The last halving took place in 2016 and 2020. If history repeats itself, which often happens in chart analysis, there is a possibility that the bottom in 2023 will be reached in January, since the next halving will happen in 2024.
Altcoin number 1: Ethereum
The Ethereum price could rise extremely in the last bull markets. He could always, in each cycle, form a new all-time high. The last all-time high was just under 400% above the last one. In total, the price could rise from $100 to about $4,500. This was a price increase of over 4,500%! Also in the next bull market, we expect that the Ethereum price will increase by several hundred percent. Our personal goal is about $7,000. If the floor is around $700, this would be 1,000%, which is absolutely realistic. In every bull market, price increases decrease significantly.
Altcoin number 2: Ripple
The Ripple price was able to rise significantly in the penultimate bull market (2015 – 2017). In the last, however, hardly. The last all-time high was not exceeded. However, this does not necessarily mean that it will be the same in the next bull market. Ripple is known to have an SEC lawsuit on its neck. This prevents many investors from investing in Ripple, as there is an increased chance of a total loss. If Ripple wins the lawsuit, the last all-time high could be exceeded. Thus, there are more than 1,000% profit in here as well.
