Crypto Bull Run: не теңестіру керек?
Күні: 27.05.2024
What conditions are needed to spark a bull run in early 2023? This is a question many are pondering. The cryptocurrency market has been experiencing turmoil in recent months (some might even say since early summer), with a bear market and several crypto project failures—so, is there still hope on the horizon? The prolonged bear market has fueled discussions about the possibility of a bull run. Expectations for a potential bull market in the coming year are rising, with hopes that the opportunities created during the bear market could pave the way for recovery. Several factors contribute to the potential for a bull run in early 2023. CryptoChipy investigates what must occur to make a bull run a reality in the early part of 2023.

Рецессияның әсері

Despite the end of the inflation shock, expected prices remain stable. Stocks are poised for a bull run next year, but the Federal Reserve may keep interest rates elevated. Thus, if a recession occurs, it may help keep prices low, ultimately fostering a stronger bull run in 2023. A reduction in inflation could trigger a major stock surge, which could translate into a bullish start for 2023.

Биткоин бағасының тарихи үрдістері

If Bitcoin’s historical price patterns hold, they could lead to a bull run in early 2023. The last four years have shown that bull markets often follow bear markets with increasing momentum. Based on this trend, it is expected that Bitcoin will begin a new price rally next year. In 2014, the market fell by 60%; in 2018, by 70%; and in 2022, it dropped by 60%. Such historical trends strongly suggest the possibility of a bull run in early 2023.

Биткоинның екі еселенуі оқиғасы

The four-year cycle of Bitcoin indicates that Bitcoin typically experiences a 3-year bull run, followed by a 1-year bear market. This pattern correlates with the halving of Bitcoin’s mineable supply. The next halving event is expected to occur around spring 2024, prompting crypto enthusiasts to buy Bitcoin in anticipation of the event. This could lead to a surge in accumulation as early as Q1 2023.

Биткоин бағасының өсуі

Currently, price increases are expected in mid-2023, largely because analysts anticipate the 80-week bear market to end around April. If Bitcoin’s price cycle continues as expected, a bull run could occur as buyers rush to purchase before the halving event. Furthermore, if Bitcoin maintains its competitive edge over other cryptocurrencies, DeFi, NFTs, Web3, and DAOs, it will have an advantage in the market. While Ethereum also plays a significant role in DeFi and Web3, Bitcoin remains the driving force of the crypto space. When Bitcoin’s value increases, other cryptocurrencies tend to follow suit.

Пайыз мөлшерлемелері және инфляция

The bear market will persist until inflation is managed and monetary policies shift in favor of risk-on assets. As a result, the tightening of policies may end in Q1 2023. Following this, interest rate cuts could begin. If a bull run is to occur in the first quarter, the tightening of policies must stop, paving the way for interest rate reductions that would support a Q1 rally. However, it is also possible that any potential bull run may be delayed until the second or third quarter of the year.

The Conclusion of the War in Ukraine

If the war in Ukraine ends and commodity prices return to normal, a bull run in early 2023 could be anticipated. When inflation and the war cease, energy prices may decrease. The soaring prices resulting from the war have been a key driver of inflation, and with the end of the conflict, oil prices could return to more stable levels. This is just one piece of the geopolitical macroeconomic puzzle.

Қорытынды ой

In summary, Bitcoin’s potential to rise suggests it could surpass the $40,000 mark in the first half of 2023, which would be a significant resistance level. This increase would mark the beginning of a rebound, starting the accumulation phase where prices may fluctuate. Bitcoin is expected to form a bullish accumulation pattern that could trigger an overall bull run in 2023. Market shifts, changing buyer behavior, and a decrease in inflation further contribute to the likelihood of an upturn in the coming year.