đ„đ„ When Next Bull Run will start according to Technical indicators: đ±đ±
đ 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.
đșđș 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.
