{"id":17008,"date":"2024-09-16T17:17:27","date_gmt":"2024-09-16T14:17:27","guid":{"rendered":"https:\/\/forklog.com\/en\/experts-predict-imminent-bitcoin-bull-run\/"},"modified":"2024-09-16T17:17:27","modified_gmt":"2024-09-16T14:17:27","slug":"experts-predict-imminent-bitcoin-bull-run","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/experts-predict-imminent-bitcoin-bull-run\/","title":{"rendered":"Experts Predict Imminent Bitcoin Bull Run"},"content":{"rendered":"<p>A Bitcoin bull market could commence within the next 22 days, based on historical cycles and current data. This conclusion was reached by WeRate co-founder Quinten Fran\u00e7ois.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The average <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> cycle:<br \/>Starts 170 days after halving <br \/>Peaks 480 days after halving <\/p>\n<p>We are currently 147 days after the <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> halving <a href=\"https:\/\/t.co\/jINl8Y4usP\">pic.twitter.com\/jINl8Y4usP<\/a><\/p>\n<p>\u2014 Quinten | 048.eth (@QuintenFrancois) <a href=\"https:\/\/twitter.com\/QuintenFrancois\/status\/1835271351277691198?ref_src=twsrc%5Etfw\">September 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the expert, the average cycle of the leading cryptocurrency begins approximately 170 days post-halving, with the peak forming 480 days later. As of September 15, it has been 147 days since the <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-undergoes-fourth-halving\">halving event<\/a>.<\/p>\n<p>Crypto investor and blogger Lark Davis highlighted Bitcoin&#8217;s impressive growth in the fourth quarter during halving years\u20142016 and 2020. The asset also closed positively in the first, second, and third quarters of the following year, noted the expert.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In halving years, Q4 has been historically bullish for Bitcoin.<\/p>\n<p>But if you look around, Q1 \u2014 Q3 of the following year have also been mega bullish.<\/p>\n<p>If history repeats itself, it could unleash mind-blowing gains that most people can&#8217;t even fathom.<\/p>\n<p>Are you mentally prepared? <a href=\"https:\/\/t.co\/zj8C1sY9eC\">pic.twitter.com\/zj8C1sY9eC<\/a><\/p>\n<p>\u2014 Lark Davis (@TheCryptoLark) <a href=\"https:\/\/twitter.com\/TheCryptoLark\/status\/1835329008474435976?ref_src=twsrc%5Etfw\">September 15, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cIf history repeats itself, it could lead to mind-blowing gains that most people can&#8217;t even imagine,\u201d<\/em> added Davis.<\/p>\n<\/blockquote>\n<p>CEO of CryptoQuant Ki Young Ju identified $62,000, $55,000, and $43,000 as key levels for Bitcoin. These represent the average cost of coins for various investor groups and serve as important psychological and technical markers.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Cost-Basis<\/p>\n<p>\u2022 New Custodial Wallets\/ETFs: $62K (-6%)<br \/>\u2022 Binance Traders: $55K (+3%)<br \/>\u2022 Mining Companies: $43K (+32%)<br \/>\u2022 Old Whales: $27K (+106%)<\/p>\n<p>Current Price: $57K <a href=\"https:\/\/t.co\/HcbrJ3Wx5V\">pic.twitter.com\/HcbrJ3Wx5V<\/a><\/p>\n<p>\u2014 Ki Young Ju (@ki_young_ju) <a href=\"https:\/\/twitter.com\/ki_young_ju\/status\/1834482694237065248?ref_src=twsrc%5Etfw\">September 13, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Outlier Ventures has declared the &#8220;death&#8221; of the Bitcoin halving cycle.<\/p>\n<p>Previously, investor and Okse co-founder known as Elja identified signals of an &#8220;explosive move&#8221; on the leading cryptocurrency&#8217;s chart, projecting a range of $100,000-150,000 by the first quarter of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Bitcoin bull market could commence within the next 22 days, based on historical cycles and current data. This conclusion was reached by WeRate co-founder Quinten Fran\u00e7ois. The average #Bitcoin cycle:Starts 170 days after halving Peaks 480 days after halving We are currently 147 days after the $BTC halving pic.twitter.com\/jINl8Y4usP \u2014 Quinten | 048.eth (@QuintenFrancois) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,160,1268,1253],"class_list":["post-17008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-halving","tag-on-chain-analysis","tag-technical-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17008"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17007"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}