CryptoCon confidently predicts an imminent bull market for Bitcoin, downplaying concerns about a recession or a prolonged bear market. In a recent statement, CryptoCon emphasized that Bitcoin is in a mid-cycle correction and is preparing for a significant price increase.
The firm points out that similar patterns have emerged in previous Bitcoin cycles in September 2012, 2016, and 2020, right before strong growth periods.
Despite recent market volatility, CryptoCon believes Bitcoin is about to enter a new bull phase.
âThe Bitcoin bull market is certain,â the firm said, highlighting the âPuell Multipleâ phases as evidence that Bitcoin is approaching a real bull run.
CryptoCon also touched on Bitcoin's halving cycles, arguing that according to this theory, the next âredâ year â which typically marks the start of a bull market â will begin after November 28, 2024 and last until November 28, 2025.
