Is 2025 a Wild Bull Market? (1)
It has become a consensus among most people that the cryptocurrency market will be bullish in 2024 and 2025, but some people wonder: If everyone thinks the next two years will be a bull market, will the bull market still come?
First, the conclusion: Yes.
There are no special tricks in trading; on a larger scale, people have been trading since birth, constantly weighing pros and cons. What I mentioned above may seem vague, but when it comes to financial trading, especially in the cryptocurrency market, it becomes even simpler. Seasons change, the moon waxes and wanes, the sun rises and sets; these are the laws of nature.
Market bull and bear transitions are similar; when you extend the timeline, these trends are quite graspable. A bull market doesn't emerge overnight, and a bear market doesn't end in a day. In trading, there's no need to chase absolute lows; absolute lows may only last for a few seconds. For example, during the last bull market, few people managed to catch the low of 3120 or 3800. In hindsight, buying between 4000-6000 would also be considered capturing a relatively low point during the last bear market, which is normal.
Now let's focus on: Will 2025 be a bull market?
The general consensus now is that 2025 will be a wild bull market, and I've also seen many skeptical voices, such as: If everyone knows there will be a bull market in 2025, will the bull still come as everyone wishes? If everyone knows there will be a bull market in 2025, won't they all have made money?
In response to this, I previously mentioned “Unity of Knowledge and Action”; knowing is one thing, but whether you can act on it is the most important. After all, ancient emperors had no personal matters, and today we have decentralized transparency. The halving of Bitcoin is visible to all, so knowing is not difficult, and that's one point.
Secondly, I have stated that the current Bitcoin still lacks the ability to lead the market, rising against the overall financial trading trend. Therefore, the long-term outlook for Bitcoin is closely related to the macroeconomic environment. How do bull markets come about? By injecting liquidity. How do they end? Through interest rate hikes. The previously known cycles of bull and bear markets have all followed this pattern.
The previous section has concluded; follow me for updates on the next part!