Optimal Timing for Selling Alternative Cryptocurre

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When is the optimal moment to sell your alternative cryptocurrencies during the cryptocurrency bull run?

In this post,

I'll thoroughly address this crucial question. As we examine the euphoric phase experienced in 2021 at the market's peak, indicators such as Coinbase's dominance in the app store,

exponential gains in Altcoins,

a disregard for risks,

widespread interest from inexperienced investors,

proliferation of cult-like crypto communities, and extravagant price predictions emerge. This frenzy, reminiscent of historical patterns,

often heralds the approaching market cycle peak.

While some warning signs are evident, Altcoins have not yet reached euphoria levels,

with the total crypto market cap excluding Bitcoin still below its all-time high. Anticipating a peak between $2-7 trillion for this index,

it's essential to monitor technical indicators like trendlines,

RSI/MACD divergences,

and volume trends for signs of a downturn. Ignoring these indicators and succumbing to hype can be detrimental.

Profit-taking, underscored by indicators like the Pi Cycle Top indicator for Bitcoin, remains a critical skill in navigating crypto markets.

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