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Bitcoin: How many days until the next Bull Run?
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Market Musing-g

Bitcoin: How many days until the next Bull Run?

Cointribune EN
By Cointribune EN
Created 1 year ago, last updated 1 year ago
3 mins read
Bitcoin: How many days until the next Bull Run?

The crypto market is currently in an exciting phase to closely observe. After a period of turbulence and extreme volatility, Bitcoin seems to be entering a key process of reaccumulation. This stage is absolutely essential for laying the groundwork for a potential major bullish rally that could make history.

Deciphering the Dynamics of Bitcoin’s Reaccumulation

Traditionally, after each highly anticipated Bitcoin Halving event, a phase of sideways consolidation inevitably follows. During this pivotal period, prices oscillate within a relatively tight trading range. While this apparent stability may seem calm on the surface, intense movements are brewing behind the scenes.

Indeed, it is a privileged moment when savvy investors methodically strengthen their positions. This patient and strategic accumulation of assets lays the solid foundations necessary for the next wave of massive Bitcoin adoption on a global scale.

Established Historical Trajectories and Highly Anticipated Current Predictions

By carefully analyzing the previous cycles of 2020 and 2016, we can notice striking parallels and notable similarities with the current situation. After the Bitcoin Halving events, it took about 154 and 160 days respectively in 2016 and 2020 before a major and decisive bullish breakthrough occurred, truly propelling Bitcoin to new heights.

According to the well-regarded estimates of the renowned analyst Rekt Capital, the ongoing reaccumulation phase could well extend over a minimum duration of about 150 days. It could potentially last until around September or October 2024. Moreover, a period extending beyond 200 days would ideally allow a perfect realignment of the Bitcoin market cycle with the historical norms observed in the past.

While demonstrating iron patience and discipline is essential during this seemingly atonic phase, it represents a real golden opportunity not to be missed for the most astute investors. Indeed, a well-conducted and successful reaccumulation phase will undoubtedly lay the necessary solid foundations for an upcoming bullish rally. As Bitcoin matures, this crucial step could well catalyze its greatest leap forward and its mass adoption by the general public on a global scale.

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