All markets seem to have cycles, especially the cryptocurrency markets. We are currently witnessing the disbelief stage of the rally if your familiar with the market cycles. Most of the time during this phase of the cycle we see a huge jump into the more speculative cryptos, but we are in the early part of the altcoin cycle. I think all of the other tokens and coins on the market will continue to out perform bitcoin in the short to mid term. Eventually this capital will find its way back to bitcoin sending it even higher. We see similar behavior in traditional finance where traders rotate capital from one sector to another. The crypto markets are heating up again, if history repeats we will see higher highs ahead.
