The Bitcoin bull market will extend to 2025 and beyond, claims Grayscale.
As long as the “asset class is still supported by fundamentals,” BTC will rise.
Grayscale expects the 4-year BTC cycles to diminish as the market matures.
Bitcoin (BTC), the market-leading digital asset, soared past $2.11 trillion in total valuation after hitting a new all-time high of $107K just 14 hours ago. Analysts predict the monumental Bitcoin bull run will extend well into 2025 and beyond, driven by rising demand and market maturity.
Grayscale Highlights Bitcoin Market Cycles
According to Grayscale’s latest report, “The State of the Crypto Cycle,” the crypto market operates in four-year cycles. These cycles alternate between price appreciation and depreciation. The bearish market of 2022 and 2023 represented the decline phase, while 2024 and 2025 are expected to see significant growth. This trend is already clear with BTC’s 155.6% price gain over the past year.
Further, the crypto market’s maturity accelerated this year with the launch of spot Bitcoin and Ethereum ETFs. These products have witnessed net inflows of $36.24 billion for Bitcoin ETFs and $2.32 billion f…
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