There is an increasing narrative among crypto market analysts that the next bull market and cycle peak could come as soon as Bitcoin halving.
This follows months of consolidation where BTC has failed several times to break above $30K, and volumes and volatility have fallen to record lows.
On Aug. 10, market analyst “CrediBULL Crypto” told his 344,000 X followers that the next BTC halving in April/May 2024 “will likely mark our bull cycle TOP rather than the ‘start’ like many are expecting.”
Why the next $BTC halving in April/May 2024 will likely mark our bull cycle TOP rather than the “start” like many are expecting and why we will likely be in the depths of a MAJOR bear market by 2025:
I’ve previously explained that the amount of time we are spending… pic.twitter.com/lQrGSo4rRs
— CrediBULL Crypto (@CredibleCrypto) August 10, 2023
Bull Market Shift?
The analyst noted that the amount of time markets have been consolidating will be the longest in history. Markets h
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