📊Bull Market Countdown? Bitcoin may迎来高光时刻in the first half of 2025, then enter a downtrend
According to predictions from CryptoQuant analysts, this bull market may end sooner than expected. They believe that the price of Bitcoin (BTC) will peak in the first quarter of 2025, or at the latest, in the second quarter.
This judgment is based on Bitcoin's performance since January 2023, just a few weeks after the FTX collapse. Since then, the price of Bitcoin has rebounded significantly from below $20,000.
Since that time, thanks to investment tools such as Bitcoin exchange-traded funds (ETFs), the top cryptocurrency has attracted the attention of major players in the financial world.
Analysts state that the bull market cycle has lasted about two years, during which the price of Bitcoin has risen significantly, so there is reason to believe that the market is now in the later stages of this cycle.
Currently, Bitcoin accounts for 36% of trading in the past month, significantly lower than the peak values of previous cycles. Therefore, it is expected that this indicator will rise before the end of the bull market, leading cryptocurrency experts to predict that the first or second quarter of this year will be the climax of the cryptocurrency market.
Like this analyst, many in the industry believe that cryptocurrencies such as Bitcoin will experience rapid growth this year. One of the factors driving this optimistic prediction is the imminent inauguration of Donald Trump as the 47th President of the United States. Meanwhile, cryptocurrency enthusiasts optimistically believe that his administration will introduce various initiatives to promote Bitcoin adoption.
As for price trends, CryptoQuant analysts emphasize that this year's rise may take a different form. They believe that the price of Bitcoin is unlikely to surge all at once; instead, it may rise sharply 2 to 4 times, usually leading to severe overheating, followed by a bear market cycle. Therefore, analysts encourage the crypto community to expect significant price increases for Bitcoin and altcoins in the short term.
So, everyone should closely monitor market dynamics to see what happens next! What are your views on this bull market and the future of Bitcoin? Feel free to leave your opinions in the comments!
