When is the Next Crypto Bull Run?

The crypto bull run is one of the most awaited events in the cryptocurrency world, and many analysts and experts have tried to determine when that might commence. This paints a broad landscape based on second, further tradition and the current prevalent factors playing in the market.

What is Bull Run?

A bull run (also known as a bull market) occurs in the financial markets when securities prices experience an extended and significant upward trend. The bull refers to bulls' behavior, which when they attack charge by lifting and then pointing their horns up into the air, symbolizing upward movement in asset prices.

Historical Patterns and Key Catalysts

Historically, Bitcoin has operated on a pattern around its halving events that repeat approximately every four years. In May 2020, there was a most recent halving in which the block reward for mining new blocks was reduced to 6.25 BTC per block mined. In the past, these changes have preceded a strong price rally for a minimum of 12 months after each halving event, which means that another substantial bull run may not start until mid-to-late Q2 in 2024—and some are predicting it to extend through at least part of 2025.

One reason for the upcoming bull season is that one of those chunks is to be filled by Bitcoin halving, which helps supply fewer new bitcoins in the market, making them more scarce. This rarity, coupled with increasing demand, generally pushes up the price. Moreover, approvals of Bitcoin spot ETFs—the likes that could be incoming from BlackRock—are assumed to drive a wave of institutional investment, which will help prop prices up even more.

Market Trends and Innovations

Next bull market will be affected by some other trends. Notable areas to watch include the rise of the metaverse, GameFi (gaming finance), and non-fungible tokens (NFTs). These are some proven areas that have a lot of development and adoption potential so can be quite decisive for the market. For example, by 2030 the metaverse could grow to four times larger than the entire crypto market​ as big tech firms like Microsoft and Apple explore entry into this space​.

These GameFi projects are growing, and becoming more oriented towards an immersive experience with strong tokenomics rather than a fast cash grab. This change will likely bring in more sustainable capital and interest. Finally, the NFT market will soon see its renaissance (although it has been suffering a little lately), with new use cases and standards emerging, especially in music or enterprise.

Expert Predictions and Market Analysis

Different specialists give expectations in light of their expert view to the following bull run. Analysts, for instance, believe that Bitcoin is headed towards fresh all-time highs by Q4 2024 like $150K or higher. Some, like billionaire investor Tim Draper say Bitcoin could go to $250 000 one day.

In addition, a significant increase in the total cryptocurrency market cap is expected. On the low end, it expects a market cap of $8 trillion within five years or less; on the high side more rosy predictions see this number being close to $14 trillion by 2026.

Regulatory Developments

In the next bull run, regulatory events are expected to have a substantial impact too. The European Union Markets in Crypto-Assets (MiCA) regulation which comes into play between 2024 and 2025, aspires to establish a wide-ranging legal framework with respect to digital assets. In this sense, such regulation would help bring clarity to an environment that is currently unclear and facilitate increased institutional interest in the space.

Conclusion

Based on typical history, primary market directions, and categorial regulatory event flow, we are waiting for the next crypto bull run to commence around mid-2024. We should see Bitcoin do the heavy lifting; however, there will likely be substantial gains to be had in other cryptocurrencies, too—especially Metaverse, GameFi, and, of course, NFTs. This could provide new market opportunities for investors in the next bull run, so be sure to stay updated and gain diversity when it may make sense.