When is the Next Crypto Bull Run?

when is the next crypto bull run

If you are a crypto investor, one of the most common questions is when the next crypto bull run will begin. After all, the last major bull run was in 2017, which saw a massive surge of interest from the general public. This led to a lot of new investors and ICOs, as well as a massive increase in crypto businesses.

The first and still most popular cryptocurrency, Bitcoin (BTC), started a bull run in 2013. This happened in 2013 after the Cyprus government issued a bail-in for banks, causing them to lose money on the back of their clients.

During this time, many people turned to Bitcoin as a way to diversify their investment portfolios and make passive incomes. This was done in a bid to protect themselves against the economic crisis, which was then sweeping across Europe.

In addition to that, a lot of institutional interest was coming into crypto. Pension schemes, university endowment funds, and investment trusts all got interested in the industry and bought crypto.

While this was a big step forward for the cryptocurrency industry, it did have its downsides. In 2022, investors became more risk-averse as interest rates rose, leading to a massive crash in the price of many cryptocurrencies.

But while it’s certainly true that crypto has had its ups and downs in recent years, it’s also worth noting that it has survived many “black swan” events before. As a result, there is no reason to believe that the FTX debacle will spell the end of the cryptocurrency market.

There are a few possible catalysts that could bring the market back to life and spark a renewed bull run. These include:

The next halving of BTC rewards, which will take place sometime in late February 2024.

According to Du Jun, the co-founder of Huobi, the upcoming halving will be a key factor in driving the next crypto bull run. The next halving will see the amount of Bitcoin mined divided into half, resulting in a substantial supply reduction for the world’s largest digital currency.

This is a big deal because it means that the number of miners running specialized computers to solve complex math puzzles on the Bitcoin network will be reduced by half. This will reduce the amount of pressure to sell coins on the exchange, and it should boost the price of the digital asset.

Currently, the price of BTC has been trading at around $600, but this figure is still below the all-time highs that were achieved in November 2021. Nevertheless, it’s still possible that the next crypto bull run will see the price of BTC break its all-time highs once again.

Another potential catalyst for the next crypto bull run is the end of the Federal Reserve’s monetary tightening policies. This will give investors confidence that the market won’t continue to be overly volatile, and will help re-ignite interest in risk assets like crypto.

A final potential catalyst for a crypto bull run is the adoption of new tokens. The upcoming implementation of tokenization will give the global crypto market a fresh source of liquidity, and it will also encourage a number of new projects to develop.

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