Miles is excited about the long-awaited altcoin rally, noting that Bitcoin's recent move above $65k confirms a market uptrend. He calls the current phase a "popcorn market," where different altcoins, especially meme coins, AI tokens, and Layer 1 blockchains, are breaking out.
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This isn’t a full bull market yet but an early phase, setting up for broader growth.
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Miles highlights the importance of having a strategy, pointing out that this rally is driven by insiders, not retail investors. This suggests there's still room for more growth as the broader public joins in.
He also notes that global liquidity is increasing, driven by factors like China’s economic policies and easing monetary conditions in the U.S., which could further support Bitcoin and altcoins. While these larger macroeconomic effects might take time to fully impact the market, Miles expects strong short-term gains as the rally continues.
