Next Crypto Bull Run Prediction: An Expert Analysis
Are you ready to witness an electrifying run in the crypto market!
For context, crypto bull runs are where crypto prices rise for a period of time. With thanks to the Bitcoin halving event, they’re essentially programmed into crypto cycles, therefore meaning that those in the know have the chance to prepare before they come.
So when is the next crypto bull run? It is around the corner. These times get a lot of attention and people get excited because they can make a lot of money. But the prices can change a lot and it can be risky if you don’t know what you’re doing. If you understand how it works, have a good plan, and be smart, you will do well during a crypto bull run.
Read this article to prepare for what’s to come and learn about our top picks, including GameFi project Pikamoon, for the next cycle.
What is a Crypto Bull Run?
A crypto bull run is when the prices of cryptocurrencies rise for an extended period of time. This happens because people feel positive about the market, more people want to buy cryptocurrencies, and investors think the prices will keep going up.
During a bull run:
- Big cryptocurrencies reach their highest prices ever.
- Many New cryptocurrencies also go up a lot, sometimes by 10 to 1000 times.
- There’s a lot of trading happening on crypto exchanges.
- Cryptocurrencies get a lot of attention in the news and more people become interested in buying them.
Bull runs usually last for several months before the prices stop going up and start going down again. This pattern of prices going up and down has happened a few times in the history of Bitcoin.
History of Bull Run in Past Years
- The Early Days (2009-2012): Bitcoin was born in 2009, and by 2011, its value jumped from $1 to a peak of $32, showing how valuable digital currencies could be.
- The 2013 Surge: In 2013, Bitcoin had two big jumps. First, it hit $266 in April, thanks to more people getting interested in it. Then later that year, it went over $1,000, especially because it became really popular in China.
- The 2017 Boom: The big one! Bitcoin’s price almost reached $20,000 in 2017. Everyone was talking about it, and lots of new cryptocurrencies were being made, making people even more excited.
- The 2020-2021 Rally: In 2020 and 2021, Bitcoin went crazy again. Big companies started buying it, and because of COVID-19, governments were giving out a lot of money. Plus, this new thing called decentralised finance got popular, and Bitcoin’s price went over $60,000!
Our Top Picks to Buy in the Next Crypto Bull Run
1. PIKA
PIKA is the digital token powering Pikamoon, an exciting 3D Play-to-Earn (P2E) game on the Ethereum blockchain. As we prepare for the upcoming bull run, PIKA is all set to follow in the footsteps of other successful GameFi projects.
Pikamoon itself is a AAA game with tremendous potential. Take a look at the impressive growth of games like Axie Infinity, llluvium, and The Sandbox during the previous bull run in 2021. To give you some context, Axie Infinity rose from a market cap of under $30 million to almost $10 billion within the space of 9 months. These games witnessed massive market cap increases and created millionaires with their native tokens…and we expect PIKA to follow a similar trajectory.
The evidence is clear – GameFi is a thrilling space to invest in now we’re almost in the bull market. And that’s where Pikamoon comes in. It’s an exciting and engaging gaming concept that promises to be a winner. You can explore Pikamoon on its Medium and LinkedIn pages, where you’ll discover more about Dreva and how this virtual world is engulfed in elemental warfare.
Players can participate in Play-to-Earn (P2E) MOBA style battles in Pikamoon’s Battle Arena using NFT Pikamoon species from each elemental region. The reward? PIKA tokens, which can be used to upgrade Pikamoons or sold for fiat.
With its captivating story and unique art style, Pikamoon has the potential to become the next Axie Infinity in the GameFi world. And let’s not forget about PIKA itself. This token offers a range of utilities and will launch on exchanges with a market cap of just $10 million.
You can even participate in the Presale and get your hands on PIKA for just $0.0006. Don’t miss out on this incredible opportunity!
2. Bitcoin
Bitcoin, the top cryptocurrency, has had an amazing year, skyrocketing by 170%. Looking forward, experts predict even more growth, especially with a big event called the halving coming up. This could lead to Bitcoin hitting $120,000 by the end of next year, according to Standard Chartered.
Plus, if a new investment tool called a spot ETF gets introduced, it could spark a lot more people buying Bitcoin. There are other reasons to be optimistic about Bitcoin too. If interest rates go down globally, Bitcoin could benefit because it’s seen as a good investment during times of loose money policies.
More and more people around the world are using cryptocurrencies, and since there’s only a limited amount of Bitcoin available, its price could keep going up. All these factors make Bitcoin a smart bet for potential big growth.
3. Ethereum
Ethereum is like the second-biggest player in the world of digital money, kind of like how LeBron James is in basketball. It’s not just about buying and selling stuff, but it’s also a big deal because it helps with smart contracts and making the internet more decentralised and secure.
Imagine Ethereum as the engine that powers a bunch of cool things on the internet. It’s like the heart of this new internet called Web 3.0. It can do a lot of different jobs, not just one thing like Bitcoin, which mostly focuses on being a digital currency.
Even though Ethereum and Bitcoin are pretty similar, Ethereum has its own journey and story. It started off really strong, like a superhero, but lately, it’s had some tough times because people have been more interested in using cryptocurrencies to protect themselves from rising prices. But Ethereum is still super important because it’s the backbone for lots of cool apps and services that don’t need a central authority to work.
As more and more people start using Ethereum for different things, it’s likely to keep growing and being a big player in the world of digital money. So, even though it’s had some ups and downs, Ethereum’s future still looks bright.
4. Avalanche
Avalanche is a type of digital system that handles transactions and other stuff. It’s getting popular because it’s good for things like online finance and gaming with digital money. The price of AVAX, which is the digital currency for Avalanche, has been going up a lot lately. It’s doing even better than famous ones like Bitcoin and Ethereum, which is making people more excited about it.
The AVAX price has gone up by a lot, more than doubling in just this month. And there’s still room for it to grow because its total value is still not as big as it could be. Avalanche is getting more attention because big companies like JP Morgan and Citi are starting to use it.
Also, popular games are starting to use it too. This is good for AVAX because more people will need it for doing things like staking and paying fees on the network. So, as more people start using Avalanche, the demand for AVAX will keep going up.
5. Shiba Inu
Shiba Inu (SHIB) is really popular in the crypto world. It’s a fun coin that lots of people like, and it has a big group of fans. There are a whole bunch of SHIB tokens out there – like, a crazy amount, 1 quadrillion! But half of those were burned by the creator, and the other half were locked up in Uniswap.
During the last big boom in crypto, SHIB’s price went from almost nothing to a super high point in just a month. It grew by over 1130%! And guess what? Many people think it might do something similar in the next big boom.
Some experts even think SHIB could go up by 1500% or more! That’s a huge jump! Now, what makes SHIB special? Well, it’s got some cool stuff going on. This is like a playground for trading SHIB and other tokens. You can swap, stake, and farm tokens there. Plus, you can even earn Bone and Leash tokens, which are part of the whole Shiba Inu world.
Here’s something heartwarming – when you use SHIB, a piece of the transaction fees goes to help rescue and find homes for Shiba Inu dogs. It’s like the SHIB community has a big heart!
Ever heard of NFTs? They’re these cool digital collectibles. SHIB has its own set of 10,000 unique NFTs based on Shiba Inu dogs. You can buy, sell, and trade them on the ShibaSwap marketplace.
So, yeah, SHIB isn’t just a meme coin – it’s got some neat stuff going on, and a lot of people are pretty excited about its future!
6. Ripple
XRP is a cryptocurrency that’s known for being really fast and cheap to use for sending money across borders. Recently, it won a big legal battle against a government agency, which made a lot of people feel more confident about investing in it, even though its price went down a bit in November 2023.
Now, the company behind XRP, Ripple Labs, has said they’re going to make it even easier to trade XRP by using something called automated market makers. This could make it easier for people to buy and sell XRP, but some folks are worried it might cause some problems with how stable it is.
Overall, these changes are expected to make XRP even more popular in the world of cryptocurrencies, which is good news for people who believe in its potential.
Key Triggers for Crypto Bull Run Market
Crypto bull markets are influenced by various factors that steer their direction. Understanding these factors is crucial for assessing the potential and duration of a next crypto bull run prediction in the cryptocurrency market:
- Bitcoin Halving Cycle: Each cycle has had its dramatic end, often when investors decide to take profit on their gains. While many influencers predict astronomical rises, it’s essential to recognize the cyclic nature of Bitcoin and crypto markets.
- Macroeconomic Conditions: Global economic trends, including inflation rates, monetary policies, and market liquidity, significantly impact investor confidence and behaviour in the crypto market. Keeping an eye on the broader economic landscape is key.
- Regulatories: Regulatory decisions and policies regarding cryptocurrencies can strongly influence market sentiment and investor participation. Positive regulatory developments, like legal victories for prominent crypto companies, can ignite or sustain a bull run. Conversely, regulatory crackdowns can halt a bull market abruptly.
- Technological Advancements: Innovations in blockchain technology, scalability solutions, and new applications such as DeFi and NFTs attract fresh investors and propel market growth.
- Market Sentiment: Public perception, reflected in indicators like the Fear & Greed Index, along with media coverage, heavily influences market trends. Positive news and investor optimism often drive bull markets.
- Institutional Involvement: The entry of institutional investors brings significant capital, credibility, and stability to the crypto market, potentially fueling a bull run. Increased adoption by companies and nations, such as adding cryptocurrencies to balance sheets or adopting them as national reserves, strengthens the market and boosts prices.
When is the Next Crypto Bull Run?
When is the next bull run? This is the burning question of every crypto investor out there. Predicting exactly when it will hit is often tough in the crazy world of crypto, as prices are prone to swinging wildly. But if we look at what’s happening now, what’s coming up, and how people feel about the market, we can take a guess at when things might heat up.
So, has the bull run already begun? Well, even though Bitcoin and other major cryptos are still a fair bit away from their highest prices, there’s a general feeling of optimism in the crypto world. Figuring out when a bull market starts is a bit fuzzy, but looking at the numbers, it’s clear that cryptos like Bitcoin, Ethereum, XRP, Solana, and Cardano have been climbing steadily throughout the year, whilst exciting projects such as PIKA prepare to take a big chunk of the GameFi market share.
This time the bull run could be huge for people wanting to make a lot of money. While Bitcoin is good, smaller cap projects like PIKA are forecast to do even better.
Next Crypto Bull Run – Conclusion
Investors are really excited about the next big surge in the cryptocurrency market. They’re hoping to make some good money from it. There are a lot of things that can affect how the market moves, like new technology, rules from the government, and how the economy is doing. Because of this, we can’t be sure when exactly the next big spike will happen, but things are looking good.
Most people know about popular cryptocurrencies like Bitcoin and Ethereum, but there are also newer ones like PIKA that are worth paying attention to. PIKA is different from other trendy coins because it’s actually used to fuel the online gaming project of Pikamoon (which is now out in Beta).
As the world of cryptocurrency moves away from just being a way to gamble on investments, PIKA is leading the charge by offering investors not only the chance to make money but also to be part of something exciting. Right now, you can get PIKA coins at a lower price of $0.0006 during its presale, and soon it will be available on big trading platforms.
With its cool ideas and potential for mass growth in the future, PIKA is the most exciting GameFi crypto for the next bull run.
Next Crypto Bull Run – FAQs
When is the next crypto bull run expected?
It’s challenging to pinpoint an exact date, but there’s optimism brewing in the crypto community. Many believe we’re witnessing the early stages, as major cryptos like Bitcoin and Ethereum show steady climbs.
What factors influence a crypto bull run?
Several factors come into play, including Bitcoin halving cycles, global economic conditions, regulatory decisions, technological advancements, market sentiment, and institutional involvement. Each contributes to shaping the direction and duration of a bull run.
Which cryptocurrencies are set for growth in the next bull run?
Cryptos like PIKA, Bitcoin, Ethereum and Avalanche (AVAX) are drawing attention for various reasons. Bitcoin and Ethereum hold long standing positions, while newer projects like PIKA and AVAX offer unique propositions in gaming and transaction handling, respectively.
What makes PIKA different from other cryptocurrencies?
PIKA stands out for its tangible utility within the Pikamoon gaming project, developed by notable entities like Fortnite and Star Wars. Unlike many meme coins, PIKA offers real benefits to investors beyond speculative value, making it a compelling option for those seeking both profit potential and engagement in a promising venture.
How can investors prepare for the next crypto bull run?
Educate yourself on the crypto market, formulate a sound investment strategy, and exercise caution. Consider diversifying your portfolio with a mix of established and promising cryptocurrencies. Keep abreast of market trends, technological developments, and regulatory updates to make informed decisions during volatile times.