Bull Market

Despite extreme fear in the crypto market, analyst Michaël van de Poppe argues that the current panic is unjustified. With the Federal Reserve injecting liquidity and key macro indicators turning positive, he believes a major bull run could be imminent.

Bitcoin has surged over 12% in two days, recovering from Monday’s slump. Analysts attribute the rebound to a market cleanup involving massive deleveraging and capitulation, potentially setting the stage for a relief rally.

The crypto market is emerging from extreme fear, with multiple indicators suggesting Bitcoin could be poised for a relief rally and potentially new all-time highs. Technical and sentiment analysis point to bullish momentum.

The recent market crash is not a crypto-specific crisis but a macroeconomic shock, driven by factors like Japan’s interest rates. This capitulation event could signal the start of the next bull run.

An expert claims that the Bitcoin bull market has ended and predicts a prolonged bear market, while others point to miner profitability and other indicators as signs of hope.

Macro economist Lyn Alden believes a major Bitcoin crash is unlikely in the short term due to a lack of market euphoria. While some predict a significant downturn, Alden remains optimistic for the medium term, forecasting a return to $100,000 levels by 2026 or 2027.

Crypto analyst CrediBULL has drawn a striking comparison between Bitcoin’s current price action and the historical chart of the S&P 500, suggesting the world’s largest cryptocurrency may be on the verge of a major parabolic rally.