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What are your expectations for the next bull run?


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The next bull run as predicted could happen in 2024 or 2025. As we may know, this is usually a time when cryptocurrencies reach unprecedented  heights.

So with the next bull run gearing up, what are your expectations for top assets like BTC, ETH, XRP and all altcoins generally. 

Let me hear your predictions!

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16 hours ago, Incarts said:

The next bull run as predicted could happen in 2024 or 2025. As we may know, this is usually a time when cryptocurrencies reach unprecedented  heights.

So with the next bull run gearing up, what are your expectations for top assets like BTC, ETH, XRP and all altcoins generally. 

Let me hear your predictions!

Bitcoin (BTC/USD) Fades Lower as Bulls Tire, Support Coming Under Pressure

Jul 18, 2023 | Nick Cawley, Senior Strategist

BITCOIN (BTC) PRICES, CHARTS, AND ANALYSIS:

  • Lack of follow through after ETF-hope-inspired rally.
  • Support coming pressure as traders wait for next week’s FOMC meeting.

The announcement in mid-June that BlackRock had put in an application with the SEC for a spot Bitcoin ETF sent crypto markets spiraling higher as investors bet that the fund titan would succeed where others had so far failed. A spot BTC ETF is seen as one of the best ways of spreading Bitcoin adoption to a wider investment audience. BlackRock CEO Larry Fink has been vocal since saying that interest in a Bitcoin ETF is broad-based and worldwide, telling CNBC that ‘as with any new market if BlackRock’s name is going to be on it, we’re going to make sure it’s safe and sound and protected’.

While BlackRock is making bullish noises, the price of Bitcoin post-announcement has been flat and range bound with only short-term bouts of volatility. Bitcoin has made a bullish flag formation, suggesting that prices will go markedly higher, but as yet BTC/USD has been unable to close and open above $31k, the April 14 swing high. Bitcoin is also back below the recently supportive 20-day simple moving average and is close to testing the recent $29,500 low made at the end of June. For Bitcoin to push higher it needs to make a confirmed break of $31k. If this plays out then $32.4k (May 2022 swing high) is the next level of resistance before $37.3k comes into play. A confirmed break of $29.5k leaves BTC/USD at risk of further losses. Next week’s FOMC policy decision – rates are expected to be pushed 25 basis points higher – is the likely catalyst for the next move in Bitcoin.

BITCOIN (BTC/USD) DAILY PRICE CHART – JULY 18, 2023

image1.png

What is your view on Bitcoin @Incarts  – bullish or bearish?

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In the upcoming bull run, BTC is predicted to reach $100k, building on the well-known projection. Previous bull runs took place in 2017/18 and 2020/21, so the next one is expected around 2023/24, albeit with uncertainty about the exact timing. During this period, a surge in utility-driven cryptocurrencies is anticipated, with projects emphasizing multiple utilities shining the brightest. Notably, $BGB, $BNB, and other similar projects are expected to perform exceptionally well. If Bitget launches its own chain, $BGB could become one of the hottest projects in the forthcoming bull run.

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11 hours ago, AnanyaBushra said:

In the upcoming bull run, BTC is predicted to reach $100k, building on the well-known projection. Previous bull runs took place in 2017/18 and 2020/21, so the next one is expected around 2023/24, albeit with uncertainty about the exact timing. During this period, a surge in utility-driven cryptocurrencies is anticipated, with projects emphasizing multiple utilities shining the brightest. Notably, $BGB, $BNB, and other similar projects are expected to perform exceptionally well. If Bitget launches its own chain, $BGB could become one of the hottest projects in the forthcoming bull run.

While it is expected that during the bull market, Bitcoin is usually expected to take the lead, how about previous speculations made by various experts back then expecting BTC in $200k. I could remember vividly. Do you think those folks expected too much? I believe alts will make the most rally reacting to the bullish trend and exchange tokens too like Bitget token $BGB which made a lot of rally even in the bearish market could do more, just like how $BNB did. ETH and other XRP has would be expected to resume their rally while we see new tokens birthed. Shiba.? same.

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On 28/07/2023 at 17:37, AnanyaBushra said:

In the upcoming bull run, BTC is predicted to reach $100k, building on the well-known projection. Previous bull runs took place in 2017/18 and 2020/21, so the next one is expected around 2023/24, albeit with uncertainty about the exact timing. During this period, a surge in utility-driven cryptocurrencies is anticipated, with projects emphasizing multiple utilities shining the brightest. Notably, $BGB, $BNB, and other similar projects are expected to perform exceptionally well. If Bitget launches its own chain, $BGB could become one of the hottest projects in the forthcoming bull run.

I share your bias on BGB, It's been performing so remarkably since the release of its Whitepaper, finishing Q1 2023 as the most performing CEX token. Interestingly, this year, it's had an increase of 185.5%, the best when compared to other CEXs ttokes. This is following after an annual increase of 102% in 2022.

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