{"id":17502,"date":"2024-10-03T17:53:44","date_gmt":"2024-10-03T14:53:44","guid":{"rendered":"https:\/\/forklog.com\/en\/coinmarketcap-predicts-early-end-to-bitcoins-bull-cycle\/"},"modified":"2024-10-03T17:53:44","modified_gmt":"2024-10-03T14:53:44","slug":"coinmarketcap-predicts-early-end-to-bitcoins-bull-cycle","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coinmarketcap-predicts-early-end-to-bitcoins-bull-cycle\/","title":{"rendered":"CoinMarketCap Predicts Early End to Bitcoin&#8217;s Bull Cycle"},"content":{"rendered":"<div class=\"wp-block-text-wrappers-keypoints article_keypoints\">\n<ul class=\"wp-block-list\">\n<li>The growth phase of Bitcoin has accelerated by 100 days in the current cycle.<\/li>\n<li>Bitcoin is expected to peak in May-June 2025.<\/li>\n<li>The cryptocurrency may enter a &#8220;supercycle&#8221; phase.<\/li>\n<li>The fourth quarter is traditionally bullish for Bitcoin.<\/li>\n<\/ul>\n<\/div>\n<p>The bullish phase of Bitcoin has accelerated, outpacing historical data by 100 days, according to CoinMarketCap&#8217;s (CMC) third-quarter report.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? CMC Q3 Report: Crypto&#8217;s Rollercoaster Ride! ?<\/p>\n<p>\u2014 BTC dominance at 2-year high!<br \/>\u2014 Stablecoin market cap hits ATH!<br \/>\u2014 AI &#038; meme coins surge while DeFi struggles!<\/p>\n<p>Let&#8217;s unpack the crypto market&#8217;s wild Q3. ??<\/p>\n<p>1\/7 <a href=\"https:\/\/t.co\/6Fypo7m39l\">pic.twitter.com\/6Fypo7m39l<\/a><\/p>\n<p>\u2014 CoinMarketCap (@CoinMarketCap) <a href=\"https:\/\/twitter.com\/CoinMarketCap\/status\/1841795552570441979?ref_src=twsrc%5Etfw\">October 3, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Several factors suggest a potential break from the traditional four-year cycle and entry into a supercycle phase, driven by institutional adoption, ETF launches, and changing market dynamics.<\/p>\n<h2 class=\"wp-block-heading\">Four-Year Cycles<\/h2>\n<p>In recent years, Bitcoin has peaked approximately every four years, followed by a prolonged correction. These cycles are linked to halving\u2014the halving of block rewards, which occurs every 210,000 blocks.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdLDHLmUMZpbKgSy9-vN4lmWjiQJ2n6LRW0w--NgUTd4qwhQfZCGsoQbS7nxKCMHKl-iRIq8y0pj8W66e62bSQiDgA5U8NaxD_behiGGQ_OGv8IFoBiizWmQcVMFm9kZBq71qeH3nbsswy8SpqtBbhOkwXO?key=6q_qouJ-Xi584Uf6R2xnUg\" alt=\"CoinMarketCap Predicts Early End to Bitcoin's Bull Cycle\"\/><figcaption class=\"wp-element-caption\">Bitcoin price chart since 2009. Yellow vertical lines indicate halving dates. Data: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BITSTAMP%3ABTCUSD\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Typically, Bitcoin reaches its peak 518-546 days after halving. This time, the coin is ahead of the &#8220;traditional&#8221; timeline by 100 days. The current cycle progress is 40.66%, according to CMC analysts.<\/p>\n<p>Based on this, the potential price peak is expected in mid-May or June 2025.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Despite such early acceleration, there are signs of slowing infrastructure growth, which may indicate a shift in broader market dynamics,&#8221; the report states.<\/p>\n<\/blockquote>\n<p>This could be an anomaly or the beginning of a long-term change in market behavior and potential entry into a &#8220;supercycle&#8221; phase, driven by Bitcoin&#8217;s growing correlation with traditional assets and institutional adoption.<\/p>\n<h2 class=\"wp-block-heading\">Fourth Quarter\u2014A Bullish Quarter<\/h2>\n<p>CMC experts noted that Bitcoin traditionally showed negative dynamics in the third quarter; 2024 was no exception. In August, there was an 8.6% decline, while July and September saw modest growth of 2.95% and 11.39%, respectively.<\/p>\n<p>Historical data suggests that the fourth quarter could be different:<\/p>\n<ul class=\"wp-block-list\">\n<li>October&#8217;s average return over the past decade was 22.9%;<\/li>\n<li>November and December show average growth of 46.81% and 5.45%, respectively.<\/li>\n<\/ul>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdsoQ2RLWzPkykrPKCcIkbXY9frSZApycFpZH_0q_jdDyglXG9m-aDEQZVMNEUyHDKvKFm3pC_aA5xEp-iG8fu1hhrZVH0m511l5L4td2p-8Vl1Z46bWIjaufPFAgjT66uN51Wym61VJMzcyDymSdyna4r9?key=6q_qouJ-Xi584Uf6R2xnUg\" alt=\"CoinMarketCap Predicts Early End to Bitcoin's Bull Cycle\"\/><figcaption class=\"wp-element-caption\">Quarterly Bitcoin price change dynamics. Data: CMC.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Best of the Worst<\/h2>\n<p>In the third quarter, 19 out of 52 sectors showed positive dynamics. The most notable was the artificial intelligence and big data ecosystem, followed by TRON. Meme tokens also ranked high.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXelR-vlBZ3rOCbg1MNNSqQa5n3gh35RFmOc5Htm2LFmc_FYrXkM4aKlQaM5WcUeP7C4KV3JyCVzgrtQAq55AKzPDq3OZl_hLg7KPL3-XbIeyje_eGz4ejr_mR3iySHiFQY4JqU9SmcUPdvSBNDmArk9pKI?key=6q_qouJ-Xi584Uf6R2xnUg\" alt=\"CoinMarketCap Predicts Early End to Bitcoin's Bull Cycle\"\/><figcaption class=\"wp-element-caption\">Top 5 sectors with the highest market cap growth in the third quarter. Data: CMC.<\/figcaption><\/figure>\n<p>Sectors such as DeFi and infrastructure, lending, yield aggregators, privacy, storage, and governance showed the worst dynamics.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;It seems that in the last quarter there was a shift from DeFi and infrastructure projects towards more speculative and consumer-oriented sectors, such as artificial intelligence, media, and memes,&#8221; noted CMC.<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">USA, India, and Brazil\u2014Key Players<\/h2>\n<p>Bitcoin is the most popular coin on all continents, with its share ranging from 45% in Africa to 52% in Oceania.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXcL9pa6mkzeQ3w4GFZaZFX3_iK9QyPXORFduTRQes4ldQHngA_hCjZKzVd3VGseRnQo8ByeGQZBO8zSK1yy1Rs4oK-17UMxeTQ4e2qxkCYSQWDLk_3_cSIpH-sJgKfvJCK0s1Ly9uDHBStJjnhZvGdK15CD?key=6q_qouJ-Xi584Uf6R2xnUg\" alt=\"CoinMarketCap Predicts Early End to Bitcoin's Bull Cycle\"\/><figcaption class=\"wp-element-caption\">Most popular cryptocurrencies in different regions in the third quarter. Data: CoinMarketCap.<\/figcaption><\/figure>\n<p>The United States ranks first in cryptocurrency market share, accounting for 17%. India is second with 9%. Brazil holds 8%.<\/p>\n<p>As reported in the Canaccord report, a Bitcoin rally is inevitable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The growth phase of Bitcoin has accelerated by 100 days in the current cycle. Bitcoin is expected to peak in May-June 2025. The cryptocurrency may enter a &#8220;supercycle&#8221; phase. The fourth quarter is traditionally bullish for Bitcoin. The bullish phase of Bitcoin has accelerated, outpacing historical data by 100 days, according to CoinMarketCap&#8217;s (CMC) third-quarter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17501,"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":[1000,1146,1150],"class_list":["post-17502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinmarketcap","tag-cryptocurrency-market-forecasts","tag-news-plus"],"aioseo_notices":[],"amp_enabled":true,"views":"48","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17502","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=17502"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17501"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}