WealthyJinli
WealthyJinli
2024-10-04 03:27
BTCBTC-0.67%
When will the BTC bull market start this time, and what are the time predictions for the BTC bull market? According to the discussions you found on X, the following different views can be summarized:

Possible signs of a bull run in the short term: Some users pointed out that if BTC breaks through $68,000 and stabilizes, it may initiate a new round of market. However, the market sentiment is fluctuating significantly at the moment, with many believing that breaking through $73,000 is truly entering a bull run, and the probability of a bull run is low.

Forecast based on historical cycles: According to the analysis of BTC's halving cycle, the latest information indicates that the crazy cycle after halving will start 170 days after halving, and October 6, 2024 is the key node. This suggests that the bull run may have already begun or is about to begin.

Long-term perspective of Bull Market prediction: Some comments believe that the period between 2022 and 2024 is not a true Bull Market, but a transition phase from Bear Market to Bull Market. The real Bull Market will come between 2025-2026. This view holds that BTC's brief breakthrough of the high point in 2021 is mainly due to the ETF application, rather than the true Bull Market momentum of the market.

Analysis on interest rate cuts and capital inflows: Some analysts believe that BTC may not have a significant reaction after the first interest rate cut, but with multiple rate cuts, large funds may start to buy risk assets, and it is predicted that a large amount of capital will flow in this quarter, driving the Bull Market.
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