Momentum 6 Partners: Altcoin may usher in a strong cycle of 1 to 2 months, and Bitcoin is expected to exceed $150,000

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PANews
07-16
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PANews reported on July 16 that Dennis Liu, a general partner at Momentum 6, stated that after Bitcoin breaks through $123,000, Altcoins may have a 1-2 month window for catch-up gains. He also suggested that Bitcoin is expected to challenge the $150,000 mark.

He reviewed Bitcoin's performance after previous key breakthroughs, such as rising from $30,000 to $44,000, from $455,000 to $71,000, and from $71,000 to $105,000 after Trump's election, noting that Altcoins typically have a 3-5 week rapid surge opportunity after each major rise.

Currently, payment-related tokens like XRP, XLM, and HBAR have already started rising, while large-cap cryptocurrencies such as BNB, LINK, and ADA remain at low levels and may become the next target for capital rotation. Additionally, the Solana ecosystem and emerging projects like SUI and Aptos are worth watching.

He advised investors to focus on blue-chip coins and coins that have not yet started, while maintaining caution and avoiding blind chasing or greed. He predicts that if Bitcoin reaches $150,000, the top 20 cryptocurrencies by market cap may collectively catch up.

Related reading: Historical Signal Reappears: How Will the Altcoin Rotation Script Unfold After Bitcoin's $120,000?

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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