Bitcoin bull run

As a newer asset class that’s in many ways distinct from traditional investments, the causes of a crypto bull market are somewhat different. For instance, celebrities tweeting about various crypto projects they’re supporting has been known to kick off crypto bull runs. Shows of confidence from the traditional finance world, like Goldman Sachs’ oft-repeated $100,000 Bitcoin prediction, is another force that can put upward pressure on digital asset prices. A major financial institution launching a new crypto product like an exchange-traded fund (ETF) or a crypto trust can also signal positive momentum and spark additional investor interest. Bull run crypto Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

Has it happened before? Will the crypto Bull Run 2024 predictions come true? Most important of all, you might be curious about the nature of a bull run in the crypto market. Over the last two years, the cryptocurrency landscape witnessed the decline of the biggest crypto bull run, which had started fizzling out in late 2021. Also described as the ‘crypto winter,’ the last two years have led to an increase in rates by central banks. $318.06 (-0.81%) FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

Almost everyone on here assumes that we’re due for a 2017/18 or 2021/22 esque bull run. i’ll be the guy to ask why? do you have any basis for this or have you trained a model on 2 datapoints? Read More News on This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

If you’re new to the world of cryptocurrencies, you may have heard the term “bull run” thrown around but aren’t quite sure what it means. Essentially, a bull run refers to a period when the market experiences a sustained price increase, often fueled by increased demand from investors. 450 days to go until Bitcoin halves The cryptocurrency market moves in cycles, fluctuating between bull markets characterized by surging prices and widespread optimism, and bear markets where values decline and negative sentiment prevails.