Has the bull run in cryptocurrencies started?
Yes, there are indicators suggesting that the cryptocurrency market has entered a 'bull run' phase recently, especially since late 2023 and early 2024. These indicators include:
1 Bitcoin price increase: Bitcoin has seen significant rises, surpassing the $70,000 mark in 2024 and reaching new record levels in early 2025. This rise is often a key indicator of a bull run, as Bitcoin holds a large market share.
2 Increased trading volume: There is a notable increase in trading volume, reflecting the entry of new investors and large institutions into the market.
3 Halving events (Bitcoin Halving): The Bitcoin halving event in 2024 reduced mining rewards, a historical factor often associated with the start of a bull run due to the reduced supply of new Bitcoin.
4 **Institutional adoption: Increased interest from institutional investors, such as companies like Tesla and MicroStrategy, and expanded use of blockchain in industries, has boosted confidence in the market.
5 Technical indicators: Technical analyses, such as moving averages and the Relative Strength Index (RSI), indicate ongoing bullish momentum, with breaks above key resistance levels.
However, the market has seen temporary corrections, as is common during a bull run, such as declines of 40-60% for some altcoins, but these corrections are often buying opportunities before the upward trend resumes.
Will the rise continue?
It is difficult to accurately predict market movements due to the volatility of cryptocurrencies, but there are factors indicating the possibility of the bull run continuing in 2025, with some warnings:
Factors supporting the continuation of the rise:
1 Historical predictions: Historically, bull run cycles tend to last several months to a year after halving. For example, in 2017 and 2021, the bull run lasted approximately 6 to 12 months after the initial rises.
2 Expansion of adoption: Increased government recognition of cryptocurrencies as legitimate assets, and the use of blockchain technology in sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs), boosts demand.
3 Economic forecasts: In light of global economic tensions, such as inflation or instability in traditional markets, investors are turning to cryptocurrencies as a safe haven, supporting the rise.
4 Expert predictions: Some analyses suggest that the bull run may extend from March to May 2025, with some altcoins expected to rise by up to 1000%, as seen in previous cycles.
5 Liquidity of altcoins: Posts on platform X indicate that the liquidity of altcoins (excluding the top 10 coins) is still significantly lower than the previous bull run peak, suggesting a potential large upcoming rise that could reach $630 billion.
Warnings and risks:
1 Corrections: Even in a bull run, price corrections (10-30%) occur to adjust the market and prevent bubbles, as happened in 2024.
2 Volatility: The cryptocurrency market is known for its high volatility, and negative news (such as government regulations or platform collapses) can lead to sudden downturns.
3 Profit-taking: After significant rises, investors tend to take profits, which may lead to temporary selling pressure.
4 External factors: Global economic events, such as wars or financial crises, may negatively impact the market.
Tips to benefit from the bull run:
• Diversification: Invest in 4-6 different cryptocurrencies to reduce risks.
• Risk management: Set clear profit-taking goals and avoid greed, while keeping liquidity to take advantage of corrections.
• Following new cryptocurrencies: New cryptocurrencies launched during the bull run may experience significant increases due to increased volume, but choose carefully.
• Stay informed: Follow news and technical analyses to identify the best entry and exit points.
Summary:
The bull run has already begun in the cryptocurrency market, supported by the rise of Bitcoin, the halving, and increased adoption. Predictions indicate continued upward movement in 2025, especially between March and May, with the potential for significant gains, but with expected corrections. To benefit, one must carefully manage risks, diversify, and closely monitor the market. However, remember that investing in cryptocurrencies carries high risks, so only invest what you can afford to lose.
If you need a deeper analysis of a specific coin or investment strategies, let me know!