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Reputed Analyst Confirms Bull Run Is Not Over, Dismisses 4-Year Cycle and Focuses on Liquidity Drivers
A reputed analyst has come forward to confirm that the bull run is not over yet. In a recent tweet, the analyst rejected the traditional 4-year cycle theory in Bitcoin halving cycles, instead focusing on liquidity drivers as the key indicators of market trends.
The analyst emphasized that the current market situation is vastly different from previous cycles and therefore cannot be compared or predicted based solely on historical data. He highlighted the differences in the timing and pattern of the last three cycles, calling this system a flawed framework.
In his tweet, the analyst also reiterated that Bitcoin’s macro uptrend since November 2022 remains unchanged, with altcoins expected to follow suit once global liquidity conditions ease. This echoes previous statements from other experts who have suggested that the cryptocurrency market is not out of the woods yet and that there are still many factors driving the current trends.
In terms of the timeline for this expected altseason, the analyst did not provide a specific date or timeframe but did emphasize that all indicators suggest that an inevitable peak in altcoin prices is on the horizon. The primary driver of these market fluctuations remains global liquidity conditions, he stated.
This news has been met with widespread excitement and interest among cryptocurrency enthusiasts, who are eager to hear any insights from reputable sources about the future trajectory of the market.
Source: https://cryptonewsland.com/confirms-bull-run-is-not-over/
