‘Buckle Up’ For The Bull Market’s ‘Most Fun Phase,’ Says Industry Expert: Bitcoin, Ethereum, Dogecoin About To Enter The ‘Euphoria’ Stage
Posted On November 12, 2024
Blockworks co-founder Jason Yanowitz sees the cryptocurrency market moving into the most thrilling phase of a four-stage bull market.
What Happened: Yanowitz outlined the typical bull market phases in a thread on X:
- Stage 1: Rebirth (Jan 2023-Jan 2024)
- Stage 2: Excitement (Feb 2024 through last week)
- Stage 3: Euphoria (currently)
- Stage 4: Disconnection (still to come)
The founder noted that the “Excitement” phase could see some coins near all-time highs, without new players coming or existing players leaving.
With the Euphoria phase officially having started on Nov. 5 following the presidential election, Yanowitz sees a “beautiful time” …
About The Author
