Charles Hoskinson says the bull run will start in 6 to 9 months.
He anticipates a lot of capital to enter the crypto market that could define a new standard.
Analysts wonder how high ADA price will go then, is $25 a possibility?
The crypto market is in the middle of the bullish phase of the ongoing bull cycle. However, as to when exactly the bull run phase will begin seems to still be up in the air. Many analysts expected it to start in Q4 last year, while others expected it to begin this year. Now, Cardano Founder Charles Hoskinson says that the bull run will begin in the next 6-9 months. How high will Cardano go then?
Charles Hoskinson Says Bull Run Will Start in 6 to 9 Months
The Founder of the Cardano ecosystem, the home of the native altcoin ADA, Charles Hoskinson, predicts the bull run phase of the ongoing bull cycle will start in another 6 to 9 months. This comes off as slightly unexpected to many reputed analysts, as many hoped for the bull run phase to have already begun. Unlike previous bull cycles, this ongoing bull cycle seems to be running on a very different timeline.
For instance, if this ongoing bull cycle were like previous bull cycles, then we would be in the peak of the altseason phase. Instead, due to many deviations, like BTC setting a new ATH before the Bitcoin Halving event, and altseason being delayed due to a prolonged BTC correction phase and a very slow pump for the price of pioneer altcoin Ethereum (ETH), and political challenges, this bull cycle seems to be very different.
Despite the clarity on how this bull cycle will turn out and when the bull run phase will begin, most crypto leaders and reputed crypto analysts seem to be heavily bullish for the long term. In fact, most of them are comfortable accumulating and patiently waiting for these bullish phases to arrive. By quietly watching the progress of ecosystems, they are accumulating promising tokens to prepare for the inevitable pump in the coming months ahead.
https://twitter.com/angrycryptoshow/status/1934658497058074782
One of the most bullish altcoins for the ongoing bull cycle’s bull run phase and altseason peak is Cardano’s (ADA). This year brought Cardano to a great milestone, one that finally brought global recognition to the blockchain, even by the biggest naysayers. Cardano garnered a lot of hate for its slow and steady approach. But now, after 10 years, the blockchain is seen as the only truly decentralized blockchain in the space.
$25 ADA Price This Altseason?
https://twitter.com/Crispy_Craps/status/1934570640201429157
As we can see from the posts above, Charles Hoskinson believes there is a lot more in store for the crypto market in the coming months ahead. Here, he says that the crypto bull run phase will start in the next 6 to 9 months. He says this is when a lot of things will happen, and one of those is that capital inflows will come in, and this will allow the masses to decide what standards to support and what not to. With Cardano being the best out there, the price of ADA could propel to hit new ATH targets from $5, $10, and perhaps even $25.
