A bull run as it is popularly called is one of the seasons in the cryptocurrency space. It represents a time of lasting and significant increase in cryptocurrency token prices.

It brings about greater confidence for investors, and increased token buys, as well as creating positive sentiments among cryptocurrency enthusiasts, and traders alike.

In the year 2022, the cryptocurrency market lost almost $1.4 trillion due to issues involving liquidity and bankruptcy as well as the collapse of FTX exchange. This contributed largely to the distrust and alienation many traders experienced in 2022.

With the tumultuous 2022, the question on everybody’s lips is “When will the next bull run come.” There are so many takes on when this will be. Some speculate that it will be in 2024, whilst others say it will be in 2025.

In this article, we will look into more of these predictions as they affect the bull run.

Signs of a Crypto Bull Market

The following signs will tell that the bull run is here:

There will be a noticeable lasting increase in the prices of cryptocurrency tokens,
During the bull run, there will be a surge in trading volumes in the cryptocurrency market.
There will be much positive sentiment in the cryptocurrency community; positive news, increased adoption, etc.
There will be a stronger rally around alt and meme coins.

What is the Frequency Rate of Crypto Bull Runs?

The frequency of which crypto bull run happens is very sparse especially due to the volatility of the market.

This creates a shift between the bull and bear seasons alternatively. As the market moves, there could be multiple bears or multiple bulls at a time. There could also be an extended time for which the bear comes to stay before there is a reversal and the bull comes in again.

The duration of the bear market relies on how much confident and optimistic investors are. The more hype there is, the more positive outlook the market has. The bull might last for months or weeks, but the possibility of it lasting for years without a correction is very slim.

Instead of depending on the crypto season you find yourself in, it is best to trade based on your risk tolerance and goals. This would help you stay afloat regardless of the season.

Factors That Contribute to A Crypto Bull Run

Multiple factors bring the bull run to life. Here are some of these factors:

Demand and supply for crypto can lead to an increase or decrease in price as the case may be.
Optimism, new technology, and positive market sentiments can also push for the bull run.
Increased utility of cryptocurrencies especially as it regards real-life usage. This can bring more adoption and ultimately bring the bull season.
Economic and political stability especially as it regards regulations and policies in favor of crypto can push for the bull run.

Predictions From Significant Events Ushering in the Bull Run

To make it more specific, some events have been said to be one of those to determine when the bull run would come.

Here are some of these notable events:

The Bitcoin Halving

During bitcoin halving, the rewards for mining a bitcoin block are reduced by half. This mechanism is placed to control Bitcoin’s supply by making it more scarce and more valuable over time.

Bitcoin halving reduces the reward that miners gain from validating transactions on the Bitcoin block. By halving bitcoin, the supply of bitcoin decreases, and the cost per bitcoin is said to increase.

Bitcoin’s original supply is 21 million coins, and halving helps to ensure that the number of coins mined yearly reduces. With this, bitcoin becomes more scarce and the block reward reduces from 6.25 BTC to 3.125 BTC.

This halving occurs every four years and is predicted to come by April or May 2024. It has successfully ushered in the past bull run markets.

There is a lot of prediction that it will be the same in 2024.

New Cryptocurrencies and DApps

With the influx of more DApps and cryptocurrency tokens, the potential for more people to join the world of blockchain is ever on the rise.

With more people in the space, there is a chance that the positive sentiments and hype needed for projects would triple the current amount.

Remember that one of the factors capable of ushering the bull run is optimism in the space. There is a great chance that more adoption of Web3 and cryptocurrencies in general can usher in the bull run.

The intersection of Cryptocurrency and Artificial Intelligence

Many have suggested that the combination of cryptocurrency and Artificial Intelligence (AI) can also play a role in ushering in the bull season.

Expert Predictions of the Bull Run

Anthony Scaramucci: Scaramucci is the founder of SkyBridge Capital. He sees 2023 as a recovery year for bitcoin. He also predicted that BTC could trade at $50,000 to $100,000 in the next two to three years if more adoption happens.
Jean-Baptiste Graftieaux: Graftieaux is the global CEO of Bitstamp. He predicts that the next bull run could come in 2025.
Peter Brandt: In 2022, Brandt was optimistic about 2024 in an earlier tweet. However, Brandt has recently come out in a new tweet to say that no one can predict the market.

A crypto investment manager at Grayscale Investments asserted that the average crypto winter lasts for four years, thus a recovery should not be expected till 2026.

Final Words

The cryptocurrency market is a very volatile one. Regardless of if you are a trader or an investor, you have to always remember that the market is unpredictable.

As much as there can be pointers to when the bull season might come up, what matters is what you do now.

The best thing you can do now is to do research on any project you are interested in and keep diversifying your portfolio.

As always, only invest what you are willing to lose and nothing more.