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Crypto Market Bull Run Predictions and Analysis
According to PANews, the crypto market is expected to experience a bull run in the coming years, with several stages predicted to take place. The first stage involves a dramatic market shakeout by the end of 2022, with the long and short-term chip positions established at the $30,000 line, forming the gravitational pull of this cycle's bottom.
The second stage is driven by the expectation of ETFs, with the BTC price breaking above $30,000 and leaving the main force holding cost range. This will accelerate the start of the bull market and break free from the gravitational pull.
The third stage will see the realization of ETF expectations, with the BTC price breaking through the long-term rising channel formed between November 2022 and January 2024. This will accelerate to the second cosmic speed, with BTC breaking the $48,000 line and announcing the start of the main rising wave.
The fourth stage will see BTC breaking the $100,000 mark, accelerating to the end of the main rising wave and entering the third cosmic speed. This will trigger mass hysteria and completely break free from the gravitational pull, entering the solar system.
The market trends have shown that as long as BTC's trajectory breaks through the acceleration pattern and enters the second cosmic speed after a year and a half of long accumulation, there will be no resistance before breaking the historical high. This is why BTC was able to directly challenge the $67,000 historical high after breaking the $48,000 line around the Spring Festival.
For the current market cycle, there is no need for further data analysis. The net inflow of ETFs has already formed a trend, and the specific net inflow amount is no longer important. Concerns about high borrowing rates, contract rates, and macroeconomic interest rate cuts are also not important.
As the market has just started the acceleration wave and is about to break the historical high, the second cosmic speed's grand journey has just begun. It can be reasonably inferred that BTC Dominance has already peaked, the ETHBTC exchange rate is about to reverse and break through, and the altcoin season is coming, with large-scale thematic rotations starting. The crypto market will continue to witness the crazy third cosmic speed after reaching $100,000.
The second stage is driven by the expectation of ETFs, with the BTC price breaking above $30,000 and leaving the main force holding cost range. This will accelerate the start of the bull market and break free from the gravitational pull.
The third stage will see the realization of ETF expectations, with the BTC price breaking through the long-term rising channel formed between November 2022 and January 2024. This will accelerate to the second cosmic speed, with BTC breaking the $48,000 line and announcing the start of the main rising wave.
The fourth stage will see BTC breaking the $100,000 mark, accelerating to the end of the main rising wave and entering the third cosmic speed. This will trigger mass hysteria and completely break free from the gravitational pull, entering the solar system.
The market trends have shown that as long as BTC's trajectory breaks through the acceleration pattern and enters the second cosmic speed after a year and a half of long accumulation, there will be no resistance before breaking the historical high. This is why BTC was able to directly challenge the $67,000 historical high after breaking the $48,000 line around the Spring Festival.
For the current market cycle, there is no need for further data analysis. The net inflow of ETFs has already formed a trend, and the specific net inflow amount is no longer important. Concerns about high borrowing rates, contract rates, and macroeconomic interest rate cuts are also not important.
As the market has just started the acceleration wave and is about to break the historical high, the second cosmic speed's grand journey has just begun. It can be reasonably inferred that BTC Dominance has already peaked, the ETHBTC exchange rate is about to reverse and break through, and the altcoin season is coming, with large-scale thematic rotations starting. The crypto market will continue to witness the crazy third cosmic speed after reaching $100,000.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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