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- A DeFi researcher predicts the next crypto bull run will start in October 2024, following Bitcoin’s historical cycle patterns.
- Analysts foresee Q4 2024 as a pivotal moment for Bitcoin and altcoins, driven by global liquidity and seasonal trends.
According to popular DeFi researcher 0xNobler, the next crypto bull run is expected to begin in October 2024. In a rigorous analysis, 0xNobler found that Bitcoin (BTC) cycles typically begin 170 days following a halving event and peak 310 days later.
He emphasized that knowing these cyclical patterns is critical for traders seeking to profit from market changes. With 150 days passing since the most recent BTC halving, 0xNobler expects the bull run to begin within the next 20 days.
The next bull run starts in October 2024 🔥$BTC cycles begin 170 days after halving and peak 310 days later.
In 2020, I made over 150x on $MATIC and $SOL by following this pattern.
Today, I'm buying other alts with 100x potential👇🧵 pic.twitter.com/RhvbhzRXL4
— 0xNobler (@CryptoNobler) September 17, 2024
October-November Bull Run Predicted to Bring Major Gains for Crypto Investors
0xNobler’s viewpoint is consistent with other market analysts who have been following Bitcoin’s past tendencies. He observes that cryptocurrency markets, notably Bitcoin, exhibit regular cycles impacted by a variety of factors such as investor sentiment, regulatory developments, and global adoption.
These cycles typically peak 480 days following a halving, and according to his calculations, October-November is often the optimum time for cryptocurrencies to skyrocket. He is convinced that this year will follow suit, perhaps resulting in big returns for market participants who have timed their investments correctly.
Miles Deutscher, another well-known crypto analyst, agrees that Q4 2024 might represent the start of a huge bull run in the crypto market. As we previously noted, Deutscher underlines how seasonal patterns, macroeconomic variables, and rising global liquidity all lead to a market rise around this time.
The convergence of these variables has caused many analysts to predict a high performance for Bitcoin and other cryptocurrencies before the end of this year.
Michaël van de Poppe, founder of MN Capital, predicts that the altcoin market will continue to be optimistic. CNF has highlighted his projections, which indicate that the market capitalization of altcoins might reach an astonishing $1.8 trillion by Q1 2025.
