Lark Davis warns that the window to buy crypto at attractive prices is closing fast as the market gears up for its next major rally.
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Using Bitcoin’s historical patterns as a guide, Davis suggests we’re about to enter a “markup phase” where prices could soar, significantly reducing the potential for strong returns.
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He points out Bitcoin’s 2020 breakout as an example: following a similar path, Bitcoin might reach $150,000 within 4-8 weeks and potentially peak around $200,000 during this cycle.
Davis also explains that, in previous cycles, Ethereum and altcoins typically surge shortly after Bitcoin. If Bitcoin hits new highs, Ethereum could follow about a month later, sparking gains across the altcoin market. He sees major upside for Ethereum, possibly more than doubling, and expects the broader altcoin market to see strong growth.
Davis’s advice is clear: now is the time to prepare. He emphasizes the importance of taking profits at market peaks to avoid common mistakes and secure gains before a downturn.
