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COINTURK NEWS > Cryptocurrency News > When Will the Bull Market for Bitcoin and Other Cryptocurrencies End?
Cryptocurrency News

When Will the Bull Market for Bitcoin and Other Cryptocurrencies End?

In Brief

  • Cryptocurrency world is experiencing rapid changes.

  • Analyst predicts the end of the bull market around late 2025.

  • Shiba Inu expected to reach all-time highs soon.

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COINTURK NEWS 1 year ago
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Cryptocurrency enthusiasts are currently experiencing a period of rapid heartbeat in the crypto world. While many anticipate a correction, there are those who believe the rise will continue. Accordingly, opinions are emerging about when this bull season, which we are in, might end.

Contents
When Will the Bull Season for Bitcoin and Other Cryptocurrencies End?Will Shiba Inu Reach Its Highest Level Ever?

When Will the Bull Season for Bitcoin and Other Cryptocurrencies End?

A closely followed cryptocurrency analyst has offered views on when the ongoing bull market for crypto assets might end. Speaking to his 411,700 followers on the X social media platform, cryptocurrency analyst Rekt Capital suggests that historical Bitcoin (BTC) models indicate a potential end to the bull run by late 2025, saying:

“If history repeats itself, the next bull market peak could occur 518-546 days after the halving. That would be mid-September or mid-October 2025.”

Rekt Capital also notes that while Bitcoin is currently experiencing a rally consistent with historical trends before a halving, the crypto price typically sees a sharp decline just before the expected halving event around April 20th, adding:

“Bitcoin is in the pre-halving rally phase. However, the pre-halving pullback phase is getting closer every day.”

Will Shiba Inu Reach Its Highest Level Ever?

A prominent investor predicts that Shiba Inu (SHIB), a dog-themed digital asset, will reach its all-time high after a period of accumulation during the current bull market. His comment is as follows:

“It’s only a matter of time before SHIB completes its U-shaped recovery and reaches its all-time high. The only uncertainty lies in where the price will establish its next accumulation range. Will it be in the blue-black range ($0.000033285-$0.000047348) or the orange-orange range ($0.0000221371-$0.000026041)?”

SHIB is currently trading more than 57% below its all-time high of $0.00008616 reached in October 2021. The analyst also believes that other meme coins will witness significant rallies during the crypto bull market cycle. His comment:

“FLOKI, DOGE, SHIB, BONK will always have strong rallies in bull markets. Market psychology will never change. Meme coins will always play an integral role in the cycle of capital flow.”

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 9 March, 2024 - 8:21 pm 9 March, 2024 - 8:21 pm
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