When will the bull run start crypto? Can you guess it based on the crypto algorithm? The past decade has witnessed a remarkable transformation in the cryptocurrency landscape, from a niche curiosity to a global phenomenon captivating millions.
But all in all, this question is taking away our attention. The crypto market is very unstable and unpredictable, but there is data we can look at and start guessing on paper.
“When crypto bull run will start?” is a common question in the cryptocurrency community, and understandably so.
In this article, we’ll explore the factors that influence the timing of a crypto bull run and discuss the signs to look out for.
Understanding the potential indicators can help you make informed decisions regardless of your role in the crypto market.
Let’s begin our exploration on the topic of possibilities of when the next crypto bull run might begin:
What Is Cryptocurrency Bull Market?
Before providing any data, let’s look at the crypto bull run, the crypto bull market. A bull market is like a wave that raises prices, creating excitement among investors.
It’s a period when people buy cryptocurrencies more than sell them, pushing prices. And yes, it is a time when all the prices are high and breaking the charts.
So many factors act as fuel to this movement, such as increasing adoption, positive news, and growing demand.
Crypto bull is a golden opportunity for investors who believe in the future of cryptocurrencies to make significant gains.
If you remember, the last bull market was in December 2020, when everyone was going crazy. We want to know again if the crypto bull will run again. And if it will, when is the time?
When Will the Crypto Bull Run Start?
As mentioned earlier, and with your familiarity with the variability of this market, you should acknowledge that we are providing this data based on the previous data.
If the history, and more precisely the algorithm, repeats itself, we can have the crypto bull run will begin in 2024 and reach its highest peak in 2025.
The sample size is not enough for our guess, and the algorithm might not be complete in just one decade, but this is the most probable guess among all the traders and those active in the crypto market.
So, are you ready to take the most advantage of the next crypto bull market? Do you know what causes this trend? Let us explain.
What Causes a Crypto Bull Run? (8 Important Factors)
A crypto bull run is typically triggered by a combination of factors that lead to increased demand and a growing perception of positive sentiment surrounding cryptocurrencies.
Here are some of the most important key factors that can contribute to a bull run:
Halving Events (Bitcoin Halving): What is Halving in Simple Terms?
Halving events, which occur periodically in the Bitcoin network approximately every 4 years, significantly reduce the reward for mining new blocks. This scarcity mechanism can drive up Bitcoin’s price and potentially set the stage for a bull market.
If we want to explain Bitcoin Halving in simplest terms, we can say:
- Miners earn coins for verifying and adding transactions, which we can call a task, to the Bitcoin blockchain.
- Bitcoin halving changes the number of coins miners receive for completing a task. Every four years, the number of coins awarded per block is cut in half.
- This is more hard work to complete tasks, resulting in more valuable BTC in fewer members.
In simplest terms, the more difficult it is to earn coins, the more valuable the coins (Bitcoins) are more valuable. If you look at the Bitcoin chart, this halving will start in the second half of 2024 and might continue until 2025.
China’s Renminbi Internationalization & Blockchain’s Impact
China’s initiative to internationalize the renminbi (RMB) is a significant move that could have far-reaching implications for the global financial landscape, potentially impacting both traditional and digital currencies.
Meanwhile, the cryptocurrency market continues to demonstrate its diversity, as evidenced by altcoins like Ether (ETH) and Solana (SOL) reaching new highs, even as Bitcoin’s rally shows signs of slowing down.
On a broader scale, Brazil’s growing consideration of digital currencies for financial transactions within the G20 underscores the increasing global interest in the potential of blockchain technology and digital currencies.
Here are some specific ways in which these developments could support a bull run:
- China’s renminbi internationalization initiative could lead to increased adoption of cryptocurrencies in China and other countries, which could boost demand and drive up prices.
- The continued growth of altcoins could draw more attention and investment to the cryptocurrency market, increasing prices and leading to the next crypto bull run.
- The increasing interest in digital currencies in the G20 could lead to more favorable regulatory environments for cryptocurrencies and boost investment.
The Rise of Metaverse
The metaverse, a virtual world where people can interact and collaborate, can affect the next crypto bull run significantly. The metaverse’s demand for digital assets, the emergence of new use cases for cryptocurrencies, the attraction of institutional investors, the positive sentiment and hype, and the development of new technologies could all contribute to a surge in cryptocurrency prices.
While the exact impact remains uncertain, the metaverse’s potential to revolutionize the digital landscape suggests it could play a major role in the next bull market.
NFTs & the Upcoming Crypto Bull Run
Non-fungible tokens (NFTs) have experienced a significant decline in trading volume during the crypto winter, but they could also play a crucial role in the next bull market. Despite the current dip in popularity, NFTs offer immense potential for innovation and value creation.
Several positive developments could fuel the resurgence of NFTs and make them a key driver of the next crypto bull run:
- Growing Adoption in Business and Music
- Advancements in NFT Standards
- Rise of Larger Projects
- Developments in the NFT Loan Market
Based on these factors, NFTs can potentially revolutionize the digital asset landscape.
Institutional Adoption as a Bull Run Catalyst
The cryptocurrency market is no longer just for tech enthusiasts and early adopters. As more institutional investors, including hedge funds and pension funds, enter the space, they bring a wave of capital and credibility.
This influx of institutional money can significantly impact the market and the next crypto bull run, potentially driving up prices and signaling to other investors that cryptocurrencies are becoming more mainstream.
· Increased Adoption by Businesses
As more businesses start accepting cryptocurrencies as payment or integrating them into their services, it expands the potential use cases for these digital assets and enhances their overall utility. This increased adoption can drive up demand and fuel price growth.
· Technological Advancements
Technological advancements play a crucial role in driving the cryptocurrency market sentiment and influencing prices. As new protocols, scalability solutions, or decentralized finance (DeFi) applications emerge, they can capture the attention of investors and spark excitement.
· FOMO (Fear of Missing Out)
FOMO can set in as prices rise, driving more investors to buy cryptocurrencies for fear of missing out on potential gains. This herd mentality can contribute to a self-reinforcing cycle of price appreciation.
Looking for the next piece of the puzzle? Our post on “Which Crypto Will Explode In 2025 – 2026?” has the answers.
Be Prepared for The Next Crypto Bull Run
Like a roller coaster ride, the cryptocurrency market is characterized by periods of high volatility and unpredictable price movements.
While predicting the exact timing of a bull run is challenging, understanding the factors that contribute to these market cycles can empower investors to make informed decisions and position themselves to capitalize on these periods of growth.
We tried to cover the most important factors affecting the next crypto bull market and guess its exact time.
Do you agree with the information in the article “When crypto bull run will start?” or do you believe other factors can impact this market?
How do you prepare yourself for the later bull run? Share your ideas with us.