Crypto Bull Run Prediction 2024: When and What to Expect?

In 2024, the crypto market is expected to enter a significant bull run phase, especially after the Bitcoin halving event in April 2024. The halving is a reduction in the reward for Bitcoin miners, which reduces the amount of new Bitcoin entering the market, and has historically been followed by a sharp price increase. Based on previous patterns, the bull run is expected to start in the second half of 2024, between July and September.

In addition to the Bitcoin halving, other factors that could drive the bull run are technological developments on major crypto networks such as Ethereum, which is experiencing increased scalability through layer-2 solutions. On the other hand, market sentiment is also showing a positive trend, with a decrease in Bitcoin reserves on exchanges, indicating that many investors are moving their assets to long-term storage. All of these factors create the right conditions for the bull run to start in the third quarter of 2024.

Investors interested in the crypto market are advised to monitor these indicators closely, as bull runs usually present significant investment opportunities. However, it is also important to understand the volatility risks inherent in this market.