The majority of crypto assets have rocketed higher in the past week as investors continue to plug money into the market due to increased optimism around the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States.The rapid change in mood has impacted market participantsâ expectations for crypto prices, with widely followed cryptocurrency trader and analyst MichaĂ«l van de Poppe suggesting that Bitcoin is in the early stages of an epic bull rally.The current stability of the Bitcoin price around the critical $34,000 zone indicates the potential for a continued bullish trend. With an impressive 28% gain in the last month, BTC retains its position as the largest crypto by market value, showing its resilience amid the Israel-Palestine conflict.According to Amsterdam-based crypto analyst-cum-trader MichaĂ«l van de Poppe, the sentiment on the market begins to change âslowly, but surely.â Van de Poppe is convinced that the whole world is gradually starting to recognize that crypto is undoubtedly âthe next big thing.âContinuing, the founder and CEO of MN Trading notes that we are currently âat the early stages of a massive bull cycle,â which will have a fundamental and global impact.As if to add weight to Van de Poppeâs proclamation, digital asset exchange Bitfinex told X followers that mainstream institutional investors worldwide are becoming increasingly involved with cryptocurrencies as short-term HODLers sell for profits.Overall, crypto market conditions are improving. There will surely be a few hurdles along the way, but the trajectory for Bitcoin and other cryptocurrencies now seems upward rather than sideways and down.A few days earlier, Van de Poppe observed that the Bitcoin bull market is upon us, emphasizing that it doesnât feel like so because itâs the beginning of a new cycle.He also posited that Bitcoin could hit resistance at the $38,000 level. However, he believes the flagship crypto will likely soar to between $45,000 and $50,000 ahead of the Bitcoin blockchainâs fourth mining reward halving in April 2024.