Key Takeaways
- The crypto market sees strong predictions following the Bitcoin rally, as Ethereum and altcoins have yet to make their mark.
- Crypto experts believe the crypto market could still see a potential 3x before the market tops.
- Contrasting bullish cycles of 2017 and 2021 emergence, as experts believe the altcoins season could be the last phase of a bull market.
The crypto market has been buzzing with excitement in the last few weeks following a strong uptrend by Bitcoin and other altcoins. Crypto traders, whales, and smart money are becoming interested, suggesting the market could see more upside potential.
Bitcoin’s price rally to a high of $105,000 since December 2024 has brought strong volatility to the upside for many crypto assets, with the likes of SOL, Pi, XRP, and ADA getting ready for a rally towards new highs.
The last time the market experienced such volatility was in October/November of 2024, as the crypto market witnessed strong market volatility to the upside as memecoins, AI agents, and other crypto narratives were on a rampage to new highs, creating millionaires.
Bitcoin’s price rally recent has revived the feeling of the crypto bull market as many crypto experts suggest this could be the phase 2 of the bull market following a strong rally by Ethereum as price outperform Bitcoin despite strong rally by Bitcoin as market insight suggest altcoins could follow similar fashion as Ethereum leads the charge for altcoin season.
What Is Fueling The Bull Market Currently
The crypto bull market is usually a time for an influx of money and market trends. A glimpse of this was witnessed in 2024, when the market saw bullish price actions fueled by the win of U.S. President Donald Trump due to Trump’s pro-crypto stance and his administration’s favoring the market.
This has also led to strong institutional adoption in the last few months, as institutions and companies have gained much exposure to spot Bitcoin ETFs, driving awareness and interest in the crypto space.
Corporate institutions such as MicroStrategy have also played a key part in driving much interest in the potential of the crypto market. Although much focus has been placed on Bitcoin accumulation, which has raised some concerns, its strategy of purchasing large amounts of revenue has created a measure of inquisitiveness in other financial players looking to expose themselves to Bitcoin.
When Will The Current Crypto Bullrun End?
Crypto experts have taken to their X accounts to suggest the crypto bull run is not ending anytime soon compared with past bull cycles. The price of altcoins has not shown strong bullish rallies, and Bitcoin is yet to reach a high of $200,000 based on market cycles, suggesting a 3X rally from the market.
With retailers and corporate organisations coming into the crypto space, the market has the potential to double from its current value, which could see the price of Bitcoin hit a region of $200,000. Altcoin would have experienced some great price actions to new highs.
Market tops are usually preceded by cascaded liquidations resulting from blown-up tops and market crashes. Top crypto experts and analysts have also suggested that some key indicators in previous bull cycles have indicated a potential top similar to the crash of the 2017 and 2021 bull markets.
Bitcoin Price Prediction
Overall, market price action for Bitcoin and altcoins remains bullish. Price could break above its previous highs in the coming days and potentially rally to a high of $120,000 to $150,000, as crypto experts believe it is just a matter of time before this happens.
