Mega Bull’s Footsteps🐂🐂
Analysis Firm Reveals Two Dates Where It Believes Bitcoin’s Bull Run Will Begin and End!
Cryptocurrency analysis firm CryptoCon has confidently predicted an upcoming bull market for Bitcoin, dismissing concerns of a recession or a prolonged bear market.
In a recent statement, the firm highlighted the Puell Multiple analysis, a key indicator that shows Bitcoin is currently in a mid-cycle correction phase and is preparing for a significant price increase.
CryptoCon noted that this pattern has been observed in previous Bitcoin cycles, most notably in September 2012, 2016, and 2020, just before the start of major bull runs. Despite the recent market volatility, the firm argued that Bitcoin is on track for another bull run.
The analysis firm added:
“A bull market for Bitcoin is in the works, plain and simple. “This is not a recession, this is not a bear market, this is not another doom and gloom price action. The phases in the Puell Multiple clearly show that we are in the middle of a mid-upper correction that immediately precedes the real bull run.”
CryptoCon also highlighted Bitcoin halving cycles as a very important factor in bullish outlooks. According to the Halving Cycle Theory, the next “Red Year” that typically signals the beginning of a bull market will begin after November 28, 2024 and continue until November 28, 2025.
