The Next Crypto Bull Run? (2024)

The next Crypto Bull Run can be triggered by a few factors. What are those factors? The crypto market has been in a bear market for over a year now. But many experts believe that the next bull run is just around the corner.

When the next Crypto Bull Run will start? What 10 Coins you should watch out for?

In this article, we will explore some of the potential catalysts that could drive prices higher.

Crypto Bull Run – A Brief Outlook.

If there is going to be another Crypto Bull Run, it will most likely be led by Bitcoin. Currently, the Bitcoin price prediction suggests that Bitcoin will rally starting in November 2023. And then, peak in January 2024.

It is estimated price to be just under $45,000. Again, Q1 of 2024 is forecasted to be a period of declining BTC prices.

After hitting a bottom at around $30,000, Bitcoin is then forecasted to rise sharply.

Eventually, it can advance to a new all-time high at $84,000 in May of 2024.

Read More Web3 Technology-Video Games?

Crypto Bull Run- What is a Bull or Bear Market?

When markets are experiencing sustained and/or substantial growth are called Bull Markets.

Whereas, markets experiencing sustained and/or substantial declines are called bear markets. Each presents its own set of opportunities and pitfalls.

Because markets often experience day-to-day (or even moment-to-moment) volatility, both terms are generally reserved for,

Longer periods of mostly upward or downward movement

Substantial upwards or downward swings.

So, a bull market is defined as a period when the majority of investors are buying, demand outweighs supply, market confidence is at a high, and prices are rising.

If, in a given market, you see prices quickly trending upwards this could be a sign that the majority of investors are becoming optimistic or “bullish” about the price increasing further. And it may mean that you are looking at a bull market.

Investors who believe that prices will increase over time are known as “bulls”.

What is market sentiment?

Because the price of a given crypto is substantially influenced by the public confidence in that asset.

This is a strategy some investors use to try to determine investors’ optimism in a given market. A measure is known as “market sentiment”.

Read More Crypto Staking – How to Earn Passive Income? 2023

What is a Bear Market?

Bear markets are defined as a period where supply is greater than demand.

Also, confidence is low, and prices are falling. Pessimistic investors who believe prices will continue to fall are, therefore, referred to as “bears”.

Particularly, bear markets can be difficult to trade in for inexperienced traders. It’s notoriously difficult to predict when the bear market might end and when the bottom price has been reached.

As rebounding is a slow and unpredictable process that can be influenced by many external factors such as economic growth, investor psychology, and world news or events.

They also can present opportunities. After all, if your investment strategy is long-term, buying during a bear market can pay off when the crypto reverses itself.

Additionally, investors with shorter-term strategies can also be on the lookout for temporary price spikes or corrections.

And for more advanced investors, there are strategies like short-selling, which is a way of betting that an asset will decline in price.

What is dollar-cost averaging?

In dollar-cost averaging, you had to invest a set amount of money (say $50) every week or month, whether the asset is rising or falling.

This distributes your risk and allows you to invest through bull and bear markets alike. This strategy is called dollar-cost averaging.

Read More Crypto ETFs – A Good Investment?

When is the next Crypto Bull Run expected?

First, the cryptocurrency and blockchain space is evolving rapidly. And it’s already difficult to predict what will happen in the coming months, let alone years or decades.

If Crypto’s past market cycles are any indication, we could expect the next crypto bull run to begin in 2024.

Following the Bitcoin halving and reaching its peak towards the end of 2025.

However, we can identify some catalysts that could contribute to a new bull run starting to take form.

Arguably, the most important fundamental event that could spark a new bull run is the next Bitcoin halving.

Outside of Bitcoin, developments on the Ethereum scalability front could also be an important catalyst for the next crypto bull run.

Read More Crypto Cross Border Payments It The Future?

Bitcoin halving

Chiefly, Bitcoin halvings are a mechanism built into the Bitcoin protocol that triggers approximately every four years.

Whenever a Bitcoin halving happens, the amount of BTC received by Bitcoin miners as a reward for adding a new block to the Bitcoin blockchain gets reduced by half.

Conversely, this is seen as bullish for Bitcoin. As it reduces the supply of new BTC coins entering the market.

The next Bitcoin halving is expected to occur in April 2024. The exact time and date are difficult to determine due to the constantly changing Bitcoin network conditions.

Despite this, uncertainty, we can more or less safely say that the next Bitcoin halving will happen sometime in the spring of 2024.

Further, there have been three Bitcoin halvings so far, and each of them was followed by a bull run in the Bitcoin market.

The year after the Bitcoin halving is usually the bull year. Bitcoin’s upcoming so-called halving is currently scheduled for April next year.

It will see the number of new bitcoins issued to those who secure the Bitcoin network, known as miners, cut by half from the current block reward of 6.25 bitcoin to just 3.125 bitcoin.

Last month, analysts at JP Morgan said they expect Bitcoin’s 2024 halving to double the production cost of new Bitcoin, potentially setting a new Bitcoin price floor.

Read More BlackRock – How It Can Impact The Crypto Market?

BlackRock

It began working with major crypto exchange Coinbase last year. And it has built out its Bitcoin services since then.

Thereby, following other Wall Street giants in offering crypto services in exchange for the juicy fees clients are willing to pay.

Especially, for safe and secure access to the volatile and often hugely lucrative crypto market. fg

Notably, the asset manager sent shockwaves through the world of crypto with a filing for a U.S. spot Bitcoin exchange-traded fund (ETF) in the middle of last month.

A move that was closely followed by other finance heavyweights who expect BlackRock to carve a path through the regulatory minefield.

Although, the SEC reportedly rebuffed the application, calling it not “clear and comprehensive”, Nasdaq last week refilled for BlackRock’s iShares Bitcoin Trust, suggesting the company is keen to find a route to market.

Read More https://cryptofreemetaverse.com/how-to-debunk-myths-about-crypto-volatility/

Will 2024 trigger a New Bull Run because of these 2 Catalysts?

The two leading Cryptos seem to be driving the catalyst for this case.

First, Bitcoin’s next halving event is scheduled for April 2024. Historically, the 4-year Bitcoin halving cycle has correlated with the bull and bear periods of the crypto market.

The 1 year leading up to the halving events has typically been the best time to accumulate.

With the explosive upside potential happening for 1 year after the Bitcoin halvings.

Second, the Ethereum 2.0 upgrade will reach its final stages of development by the end of 2023.

With the introduction of the Shanghai upgrade and proto-dank sharding, Ethereum will see significant improvements in scalability, security, and energy efficiency.

Additionally, Ethereum’s staking and transaction-burning mechanisms have also been fully implemented.

Significantly, boosting the network’s tokenomics demand.

Layer-2 Ecosystems have also finally matured, and we are even seeing the long-speculated zkRollups coming to the main net.

Especially, this will attract more developers, users, and investors to the Ethereum ecosystem. Further, boosting its value and the overall cryptocurrency market.

Chiefly, Ethereum is about 40% as large as Bitcoin today. And it should not be treated as another altcoin but rather as an industry-leading common good.

Read More Mining Pool-What Is Bitcoin Mining?

What are the Factors, which indicate that the Next Bull Run can be Explosive?

a.Crypto Infrastructure Matures

We are reaching a point where crypto infrastructure no longer unreasonably limits what’s possible.

This means decentralized applications (dApps) can attract you if you are genuinely interested in using the services.

Rather than, merely speculating on future usage. This breakthrough will enable dApps to reach their full potential and become powerful catalysts for growth in the crypto space.

b. Proof of Concept and emerging Use cases.

So far, most of the crypto space has been focused on proofs of concept.

The only truly successful and sustainable use cases that have emerged are decentralized trading and lending/borrowing.

However, there has been a lot of speculation around NFTs, metaverse, gaming, and zero-knowledge proofs(Zks).

Even though users have mainly been attracted to these areas for speculation rather than the actual case.

As these technologies mature, we can expect more practical use cases to emerge, driving increased adoption.

c. Adoption of Innovations

Initially, crypto attracted innovators who were passionate about the technology.

However, as the technology matures and becomes more of an infrastructure for profound experiences, we can expect a more significant influx of users.

This wider adoption will drive further growth and innovation in the crypto ecosystem. Thereby, leading to even more exciting opportunities for users and investors alike.

d.Migragration from Web2 to Web3

The next crypto cycle is expected to onboard the largest group of users ever seen. Thereby, marking the beginning of a grand migration from Web2 to Web3.

This shift will see the decentralization of the Internet and the proliferation of decentralized applications, as more and more users recognize the benefits . Totally, of a more secure, transparent, and user-controlled digital landscape.

e.The emergence of Breakthrough dApps

A handful of dApps will likely catch fire and single-handedly onboard tens of millions of users almost overnight.

These dApps may emerge from 2 sources. 1. Large corporations seeking to capitalize crypto trend, and 2. grassroots projects built by dedicated developers who are passionate about creating transformative solutions.

As these dApps gain traction, they will draw even more users into the crypto space and accelerate growth.

f.Regulatory Clarity

However, regulatory clarity in the U.S. remains a missing piece. The dApps that catch fire in the next cycle may do so without it, As they could be so innovative and unique that will take years to classify them.

This regulatory ambiguity may help fuel the growth of the crypto market by allowing innovative projects to flourish without being stifled by traditional regulatory constraints.

g. Convergence of Trends

The convergence of crypto, artificial intelligence (AI), and the metaverse is poised to produce something that will catch fire with incredible speed.

With the infrastructure now in place, we are merely waiting for dreamers to unleash their visions on top of it.

As these groundbreaking projects emerge, they will drive further innovation and investment in the crypto space.

Further, setting up the stage for a truly explosive growth cycle.

Read More UMA Crypto -Is It Strong Investment?

What marks the end of a bull market?

There will be fluctuations, dips, and corrections along the way, during a bull market.

It can be easy to misinterpret short-term downward movements as the end of a bull market.

This is why it’s important to consider any potential signs for a trend reversal from a broader perspective, looking at price action over longer time frames.

Investors with a shorter time frame often talk about “buying the dip”.

History has shown that bull markets do not last forever. And at some point, investor confidence will begin to decline.

This could be triggered by anything from bad news like unfavorable legislation or unforeseen circ*mstances.

A sharp downward price movement can begin a bear market. Where more and more investors believe prices will continue to fall, causing a downward spiral as they sell to prevent further losses.

Read More DeSci- What Is It In Web3?

Best 10 Coins for Next Bull Run

1. Solana

Solana is an ambitious open-source blockchain project with its sights set on redefining financial systems.

Solana’s brilliance lies in its problem-solving abilities. The world of crypto is well-acquainted with the challenges of scalability and transaction speeds, hurdles that have frequently hindered widespread adoption.

Solana boldly addresses these challenges, boasting an impressive 60,000 transactions per second.

This feat not only places Solana at the pinnacle of scalability but also marks it as the highest-performance blockchain globally.

Further, as the Solana network battles congestion issues, it’s apparent that it has become a victim of its success. But with such high stakes, comes immense potential.

2.Signuptoken.com

The next Crypto sensation.

It stands out from the crowd of new crypto coins entering the market with its robust project design.

Especially, positioned as an ideal token to hold during a bullish cycle. SIGN has garnered attention with its potential presale explosion.

SIGN’s attractively low presale price at $0.03, the innovative roadmap paving its future, and a dynamic community-driven approach that sets it apart.

With its transparent, secure, and swift transaction methods, SIGN boasts a 10% referral bonus, making it an enticing choice.

Its commitment to privacy and security innovation hints at potential long-term growth.

And let’s also not forget to keep in mind the possibility of SIGN’s price skyrocketing post-presale, making it a tantalizing option for crypto enthusiasts worldwide.

Further, cementing its rising status, Signuptoken.com has received notable endorsem*nts from crypto influencers and industry experts.

The integration of advanced blockchain technology coupled with the utility of the token has positioned SIGN at the forefront of innovative crypto solutions.

The project’s transparent communication and responsive development team have also played pivotal roles in building investor trust.

Furthermore, as the broader market recognizes the prowess and potential of SIGN, early adoption could translate to lucrative gains.

This, combined with the platform’s vision to constantly evolve and adapt, ensures that Signuptoken .com is not just another fleeting crypto trend. But a resilient token primed for the future.

3. Bitcoin

It has notably been held as the poster child of cryptos. Often being a yardstick against which rivaling cryptos are measured.

World’s most popular crypto with more than 40% of the market. Often seen as less risky, although returns tend to be a bit lower than others.

Additionally, it is a pioneer cryptocurrency and a foundational piece of Web3.

Essentially, Bitcoin is in peak accumulation mode, according to cryptoQuant’s stablecoins ratio metric. And the results have been positive for BTC price action.

Since the end of March, the trading volume has registered a decrease and SSR stagnation.

While we have an increase in the circulating supply of the stablecoin Tether (the largest stablecoin in terms of volume).

Followed by an increase in Bitcoin’s price. As experts predict that, investors have stocked up on stablecoins and are waiting for better prices.

The recent increase in the price of Bitcoin may be the result of a rotation of the money already existing in the market.

4. Ethereum

Leading blockchain platform for smart contracts and dApps. Second most popular crypto with more than $30 billion worth of decentralized apps. It is for its scalability, speed, and ease of development.

Ethereum witnessed a significant upgrade, known as Ethereum 2.0, which aims to improve the network’s scalability, security, and efficiency.

This upgrade could increase the demand for ETH, making its network more accessible to a broader range of use cases.

With the increasing popularity of decentralized finance (DeFi) and NFTs built on the Ethereum network, the demand for ETHA could rise further.

Especially, as people look to invest in these emerging areas during a bull run. ETH has been sitting comfortably under the $1,900 mark. Because of this investors have been bearing losses. The king of altcoins’ number of addresses in profit reached a one-month low.

However, few of the metrics turned bullish on the token, giving hope for a volatile northbound price movement in the coming days. Is ETH setting up the stage for a bull run?

5. ApeMax

It is a revolutionary coin with staking tokenomics. It is an avant-garde coin with its “boost to ear” staking tokenomics, leading the charge of potential market disruptions.

Digital coin prediction suggests that ApeCoin may surpass the $50 mark by the end of 2022. Over the next 5 years, it is predicted to reach $73.

6. Cardano

Secure and scalable blockchain infrastructure. Super-fast and scalable blockchain with a growing NFT marketplace. And lower entry points than many other cryptos.

It is a sustainable blockchain platform that addresses some scalability and interoperability issues of earlier blockchain platforms like Bitcoin and Ethereum.

This improved technology can drive demand for its native token, ADA, as more people use the network and its features.

The platform has a strong community of developers, researchers, and supporters actively working to improve the platform and its ecosystem.

This active community can drive innovation and adoption, which could further increase the demand for ADA.

Moreover, Cardano’s unique governance model gives a say in the platform’s development and decision-making.

This model could increase the platform’s stability and transparency, making it an attractive option for you. Thereby, seeking a more democratic and decentralized platform.

7. Wall Street Memes

Wall St Memes is the brainchild of a crypto team with an excellent reputation, Wall St Bulls.

This team of developers launched an NFT collection that sold out in half an hour, collecting more than $2 million.

This success helped them create a brand that garnered over a million supporters across several social media platforms.

New meme-based crypto that strives to reshape the landscape of global finance. The brand raised over $10.5 million since the presale began.

A multi-chain platform enabling interoperability between blockchains.

Since its late May Launch, this blockchain project has amassed a remarkable following.

Bolstered by an endorsem*nt from Elon Musk on Twitter. Riding the wave of popularity, it has generated over $22 million since the presale went live.

Most importantly, it was built to help users profit from the “meme mania” as investors did from useless stocks: in the 80s.

8. Chainlink

Decentralized Oracle network connecting smart contracts. It uses real-world data. It has partnered with companies such as Google, Oracle, and SWIFT.

As the DeFi space continues to grow, so does the demand for Chainlink services. Which can potentially drive up the value of its native token, LINK.

9. Avalanche

Fast and highly scalable blockchain platform. High-speed financial applications are the norm for Web2, and for Web3 to compete and have parity with Web2, you do need a high-speed chain.

Avalanche gets us closer and closer and possibly arriving at parity with the speed of Web2 systems.

10. Dogecoin

Memorable and community-driven cryptocurrency with a playful spirit. It was created as a lighthearted alternative to traditional cryptos like Bitcoin in 2013.

The name and Shiba Inu logo are based on a meme. Unlike Bitcoin, which was designed to be scarce, Dogecoin is intentionally abundant with 10,000 new coins mined every minute and no maximum supply.

Which Crypto You can Buy for Bull Run?

Ape Max is the top crypto to learn about before the upcoming bull run. It stands out as an exciting new coin worthy of your attention with its revolutionary tokenomics and innovative concept.

Its unique staking system allows its holders to boost to earn rewards and show their love for their favorite entities, influencers, celebrities, charities, and the DeFi protocols.

ApeMax’s top new crypto presale makes it an exciting choice for eligible buyers interested in learning more about a young and exciting new token.

Read More Crypto Art- Why Would You Buy It?

Why You Should Invest Before a Bull Run?

Investing before a bull run can be wise for several reasons.

a. Avoiding FOMO

Fear of missing out (FOMO) is common among investors. By investing before the bull run, you will avoid the temptation to buy at the top of the market.

Instead, you will have the peace of mind of knowing that you got in early and can ride out any fluctuations in the market.

b. Liquidity

Investing before a bull run allows you to take advantage of the increased liquidity in the market.

As more people enter the market and increase demand, its liquidity will increase demand, its liquidity will increase, making it easier to enter and exit trades.

c. Reduced risk

Investing before a bull run may offer lower risk than investing during the market’s peak.

Investing early gives you more time to research potential investments, identify trends, and develop a strategy for managing risk.

Read More Metaverse Crypto Projects – 5 Best.

How long is a Bull Run?

Historically, bull runs in the market have lasted anywhere between six months to several years.

Factors such as market sentiment, investor behavior, buyer and seller sentiment, as well as regulatory changes, and the overall economic landscape, can influence the length of a bull run.

It is important to approach the duration of a bull run with caution and not rely on past trends.

As the crypto market is highly dynamic, unpredictable, volatile, risky, and subject to frequent fluctuations.

Read More Crypto Dust- What Is It?

Will 2024 be a Bull market?

The crypto market’s trajectory is influenced by a complex interplay of factors such as market sentiment, adoption rates, regulatory developments, and macroeconomic conditions.

While some experts provide insights and opinions, accurately predicting the market’s direction is challenging.

Determining whether 2023 will be a bull market for cryptos is speculative and uncertain.

Read More Smart Contracts- Is The Future?

When was the last Bull Run?

The last bull run began in the middle of 2020 and lasted until late 2021. It is characterized by surging prices and significant growth in the value of popular cryptos such as Bitcoin and Altcoins.

This period, often referred to as altcoin season, witnessed record highs in crypto prices.

However, it is important to note that the crypto market is highly volatile and subject to fluctuations. Thereby, making it difficult to pinpoint the exact duration of a bull run.

Read More Hyper Tokenization- What Is It?

Conclusion

Although, it’s difficult to predict what would happen to Bitcoin and other cryptocurrencies during a bull run or serious macroeconomic turmoil.

Crypto assets could very well take a hit as investors would likely look to park their money in safer bets.

The maturation of crypto infrastructure and the convergence of technology trends are all setting the stage for an unprecedented crypto cycle.

Now, the chief executive of the world’s largest bitcoin and crypto exchange, the billionaire Changpeng “CZ” Zhao, has issued a 2025 price prediction.

Thereby, dismissingthe “threat” to Binance from the likes of BlackRock and other Wall Street giants.

Read More DODO- What is DODO?

FAQs