🔥🔥 When Next Bull Run will start according to Technical indicators: 😱😱
🆙 The next bull run in the cryptocurrency market is a highly anticipated event, with various predictions and speculations about its timing. While it's impossible to pinpoint an exact date, several indicators suggest that the market is gearing up for a significant upswing.
Macro-Economic Factors:
1. Global Economic Uncertainty: The ongoing pandemic, geopolitical tensions, and inflation concerns have led to increased interest in alternative assets like cryptocurrencies.
2. Central Banks' Stance: Central banks' shift towards accommodative monetary policies and interest rate cuts have reduced the appeal of traditional assets, making cryptocurrencies more attractive.
3. Increasing Adoption: Growing mainstream acceptance, improving infrastructure, and rising institutional investment in cryptocurrencies are all bullish signs.
Technical Indicators
1. Bitcoin's Halving: The upcoming
halving event in 2024 will reduce Bitcoin's supply growth, potentially leading to increased demand and higher prices.
2. Cryptocurrency Market Capitalization:
The total market capitalization has been consolidating, indicating a potential buildup of energy for a future bull run.
Timing
While it's difficult to predict an exact date, many experts believe the next bull run will start in:
Q2 2024: As the global economy continues to recover and institutional investment increases.
Q4 2024: Following the Bitcoin halving event, which has historically led to significant price increases.
Keep in mind that these predictions are based on current trends and market conditions.
📺📺 Io Token price prediction;
io.net (IO) Price Prediction 2024
The 15-minute chart indicates that the IO token is approaching a significant resistance level at $5.215. If the current upward trend continues, this resistance could be breached, potentially increasing IO's market value.
