The Bull Market is Approaching!
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The Next Bull Market: What to Expect
The upcoming bull market is expected to span 8-14 months, with considerable fluctuations anticipated throughout. Here are a few potential scenarios:
Scenario 1: The bull market might commence in late 2024 and reach its peak between May and July 2025. After achieving a new all-time high (ATH), the market could experience a lower high or a dead-cat bounce later in 2025. However, this is the least likely scenario due to expected monetary expansion and global fiat currency devaluation, which may drive the cryptocurrency market to unprecedented highs.
Scenario 2: The classic scenario suggests that the bull market will last a full year, from November 2024 to November 2025.
Scenario 3: Drawing from recent market behavior in 2023 and early 2024, this scenario predicts the bull market could extend beyond 14 months, potentially lasting up to 20 months. Given the current market's unpredictability, accurate predictions will depend on incoming data.
The Possibility of a Super-Cycle
Though not the primary focus of conservative forecasts, there is a potential for a super-cycle, where the bull market could exceed 14 months and extend up to 26 months. While unprecedented, this scenario is worth considering given the unpredictable global financial landscape and the growing adoption of cryptocurrencies.
Following the bear market of 2022, the accumulation phase extended over 500 days. However, the current corrective phase in 2024 has been less severe, resulting in a shorter accumulation period. The accumulation phase preceding the next bull market is expected to last between 3-6 months (90-180 days).
The next bull market presents significant growth opportunities, with various scenarios indicating substantial potential. While it's important to remain cautious in our predictions, the outlook for cryptocurrencies appears promising.
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