The post Bitcoin Bull Run: The Shocking 3-Year Forecast That Could Make You Rich! appeared first on Coinpedia Fintech News
Generally, the Bitcoin market follows a 4-year bear-and-bull cycle pattern. A cryptocurrency analyst, identified as Plan C on X, in his recent post, suggests that the market may deviate from this pattern this time. He highlights the recently announced multi-billion dollar Bitcoin investment strategy of MicroStrategy as the early sign of this shift. Here is what you should know.
Bitcoin May Defy Its 4-Year Cycle
The Bitcoin market usually follows a four-year bear-and-bull cycle. In the first and second cycles, the market showed its best performance in the third year and the worst in the fourth year. The present cycle began in 2023, in which the market reported an annual price change of +155.4%. Considering the pattern, next year (2025), we might expect a massive bullish momentum in the market, followed by a bearish trend in 2026.
Plan C disagrees with the assumption that the BTC market would enter a bear market in 2026 and 2027. He proposes that Bitcoin is heading into a 3-year bull market.
I'm skeptical that #Bitcoin will be in a bear market in 2026 and 2027.I believe there’s a decent probability that we’re entering a 3+ year bull market for Bitcoin, with corrections and extended consolidation periods along the way.This could be the curveball where Bitcoin…
— PlanC (@TheRealPlanC) October 31, 2024
He points out that during the predicted bullish period, the market may experience price corrections and consolidation phases. This statement indicates that the market may see a fluctuating upward trend rather than constant price increases.
MicroStrategy’s $42 Billion Bitcoin Plan as Support
In the Q3 earnings release published on October 30, MicroStrategy announced its plan to raise $42 billion in fresh capital to purchase bitcoins over the next three years. MicroStrategy, the company with the highest BTC holdings, already holds as many as 252,200 BTC, worth $17,502,327,682. In September alone, the company purchased at least 25,720 BTC. In 2024, nearly 63,079 BTC have been acquired by the company so far.
The large-scale investment shows increasing institutional confidence in Bitcoin’s long-term potential.
Bitcoin Market Overview
In the first quarter of this year, the market recorded a return of +68.7% – lower than the return of +72.3% recorded in the same quarter of the previous year. In the second quarter, it registered an underwhelming return of -12%.
In the third quarter, the market reported +0.76% – much better than the return of -11.4% achieved in the same quarter the previous year. In the opening month of the final quarter of the year, the market secured a return of +11.2%. In the last seven days, the BTC market has grown by 2.7%. However, in the last 24 hours, the market has dropped by 4.0%.
The crypto analyst’s outlook provides an intriguing angle for Bitcoin enthusiasts. If Bitcoin does break its traditional cycle, a prolonged bull market could be underway.
Stay tuned to Coinpedia for more updates on Bitcoin’s price momentum.
