Due to geopolitical concerns about a war with Russia, Bitcoin has tumbled to $40,000. Over the weekend and into early next week, we expect BTC to form a higher low and resume its rise to $52,000. During this time, there is potential for an altcoin rally that can deliver significant returns. Even though it seems unlikely given the current market conditions, large moves in altcoins are extremely short winded and last between 30 to 40 days. As a consequence, it is important to formulate your own exit strategy and sell targets.
If Bitcoin does not rise to our target level, then there will be a more prolonged decline in crypto in conjunction with the stock market. This would push back an altcoin run into the second half of 2022. The danger period for the majority of assets will be seen towards the end of March and early April.