The next bull run will begin Summer 2024
2 min read
TL/DR: I 100% guarantee that Bitcoin will follow the same pattern it has it’s entire existence, and there will be a bull run that starts in July 2024 at ~$25,000…ends when Bitcoin hits ~$150,000 in July 2025…and then will crash down ~$50,000 in July 2026. GUARANTEED. (dates and numbers may vary)
I went ahead and did a little research and drew some charts so that people can know exactly (well maybe it’s just an extremely general educated guess) when the next crypto bull run will begin. Now, this is all based strictly off of patterns from the past decade or so. This is NOT technical analysis, which I think is mostly garbage.
Bitcoin had bull runs in 2013, 2017, and 2021…followed by subsequent crashes about a year later. Each of these runs was predicated by the Bitcoin halving event (if you don’t know what this is, look it up, I’m not gonna explain it here).
Bitcoin Halving: July 9, 2016
Bitcoin in 2017 went from ~$500 up to ~$20,000 (a 3,000% rise!) then crashed back down to ~$3,500 (85% drop!)
Bitcoin Halving: May 11, 2020
Bitcoin in 2021 went from ~$10,000 up to ~$69,000 (700% rise) then crashed back down to ~$16,000 (76% drop)
Bitcoin Halving: March 2024ish? (this is roughly when it will happen, no one knows for sure yet)
Bitcoin in 2025 will go from ~$25,000 up to ~$150,000 (600% rise) and then crash back down to ~$50,000 (65% drop)
For reference, here is a chart of the last 3 cycles all together
2017, 2021, and 2025? Bull Runs
So, to sum things up, this is definitely exactly what is going to happen, and this is financial advice.
submitted by /u/AbrahamSTINKIN
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