Analysts predict that the current crypto bull market may extend for another 1-2 years. This is related to changes in market dynamics and global liquidity.
Global Liquidity as a Key Factor in Crypto Markets
According to analysts, Bitcoin's correlation with global liquidity has reached record levels, significantly impacting the market. Data shows that Bitcoin tracks global liquidity 83% of the time over 12 months. This indicates that cryptocurrencies are increasingly dependent on broader economic financial trends.
Delayed Altcoin Breakouts Indicate a Continuing Bull Cycle
In the previous cycle, altcoins like Ethereum reached their historical highs quite early. However, at the current stage, with the market in this cycle for over 1000 days, the altcoin index and Ethereum have not managed to hit their previous levels. The slow breakouts of altcoins indicate that the bull market is still in its early stages.
Shift from Retail to Institutional Investments
The transition from retail-driven to institutional-driven investments is another factor suggesting a longer bull market. Institutional investors tend to make larger but slower investments, leading to more sustained price growth. Adaptation of traditional financial intermediaries and the introduction of ETFs are changing the cryptocurrency market landscape.
Given the current trends, experts anticipate that the crypto bull market will continue for another 1-2 years, which could lead to significant economic opportunities for investors.
