The crypto bull market is coming, which will surpass Bitcoin.

Kabir903

1. Historically, Bitcoin halving events have resulted in significant price fluctuations in the year before and after. In the previous three instances, Bitcoin prices have experienced considerable surges. Following a similar pattern, by the end of 2024, Bitcoin is highly likely to surpass $100,000.

2. The recent crypto bull market began in 2022/23, and just days ago, Bitcoin surpassed its all-time high, but this is clearly not the end. Benefiting from better regulatory clarity, more mature traditional investment products, and an influx of traditional funds, Bitcoin is becoming the ideal asset class pursued by capital in the current global inflationary environment.

3. Since the approval of Bitcoin spot ETFs, entities like IBIT have surged nearly 40% within two months. In this bull market, leading companies representing three directions of the crypto industry—cryptocurrency trading, Bitcoin asset management, and Bitcoin mining—such as Coinbase, MicroStrategy, and Marathon Digital, will outperform Bitcoin itself. They will bring greater flexibility, better risk-return ratios, and higher levels of returns.

The crypto industry has undergone multiple cycles.

Bitcoin experienced a brief surge in 2013, but it truly entered the mainstream view in 2017. At that time, the term "digital gold" was gaining attention as macro conditions gradually matured, and emerging crypto assets began to flourish.

Subsequently, the emergence of ETH, the introduction of DeFi protocols, the launch of liquidity mining, and the rise of GameFi and NFTs respectively created several minor peaks. Innovative assets and use cases, coupled with the prevailing inflationary environment, successively propelled the crypto market to new heights.

Each minor cycle has brought more attention, users, and capital to the crypto ecosystem, building on previous progress and expanding the possibilities of crypto technology.

The recent crypto bull market began in 2022/23. Just days ago, Bitcoin prices declared a breakthrough to new all-time highs, but this is clearly not the end. Benefiting from better regulatory clarity, more mature traditional investment products, and an influx of more traditional funds, Bitcoin is becoming the ideal asset class pursued by (or at least starting to allocate more) capital in the current global inflationary environment.

Jatin255

There is also a possibility of surpassing.

Kapil334

This is referring to cryptocurrencies, not driven by Bitcoin.

Jafar224

It's worth looking into this as well.

Isha000

The market needs some encouragement.