Why will 2025 be a major bull market in the cryptocurrency space?
For example, on June 19, 2022, Ethereum dropped to over $800. The reason for such a low drop was due to many institutions facing financial troubles, large holders being liquidated, and coupled with the Federal Reserve raising interest rates, the external environment was very harsh, resulting in this drop.
However, due to the favorable upgrades in Ethereum, from June 19 to August 14, it rose to over $2000, directly doubling in value.
Many believe that 2025 will be a bull market in the cryptocurrency space based on cycles, and a very significant marker of the cycle is Bitcoin's halving. If Ethereum upgrades can rise against such a harsh environment, then Bitcoin's halving will be even more noteworthy, and by that time, the external economy is likely to be less harsh, with a higher possibility that the Federal Reserve will ease again.
Therefore, many people, including myself, are making arrangements, preparing to buy at the bottom by the end of next year. However, people differ; some shout about buying at the bottom, but when the actual bottom comes, they don’t dare to buy. Those who dare to buy and hold can reap huge profits.
The cyclicality of the cryptocurrency space will weaken with the rise in Bitcoin prices and the entry of traditional institutions, but at least for the next bull market and the one after that, it remains a very effective indicator.
Finally, what I’ve written here is not for everyone; those who readily shout about Ponzi schemes or tulip mania can just ignore it. There are many people who spread knowledge, yet you choose not to listen. The growth in the cryptocurrency space and the long-term consensus that has been built is also disregarded by you, so there’s really nothing more to discuss.
