Here’s When The Bitcoin Bull Market Will Return

There are all kinds of crypto predictions, and one of them addresses when the Bitcoin bull market will return. Check out the latest reports below.

Crypto veteran Bobby Lee addressed when the crypto and Bitcoin (BTC) bear market could end, warning traders it might take years.

In a new CNBC interview, Lee said that the crypto market would remain bearish for the foreseeable future before a turnaround in about 24 months.

“I think it’s going to be pretty bearish for the next year or two.”

He continued and said this:

“Personally, I predict the bull market will come back in probably two years’ time. Certainly, by late 2024, it will be two years from right now, and certainly by early 2025. But time will tell. It’s hard to pin down exactly when this bear market will bottom out.”

According to Lee, Bitcoin has fared relatively better compared to other cryptos after the implosion of the FTX exchange.

“We’re definitely in the bear market after the FTX collapse last month. All of crypto has really come down a lot. Bitcoin has held itself relatively steady.”

He also stated the following:

“It only has come down to 10-20%, and the rest of crypto has gone down 50%. A lot of the crypto tokens have gone down much much lower.”

A popular crypto strategist is predicting the upcoming Christmas holiday will bring a Bitcoin (BTC) rally.

The pseudonymous analyst Kaleo said recently that a festive rally is in store for the king crypto because no one is expecting it as the hash rate remains strong.

“Santa rally [season] begins soon.”

Also, the host of crypto YouTube channel InvestAnswers said that Bitcoin could rally by nearly 380% from current levels en route to printing a new all-time high at the top of the next bull market.

“I’m sticking with a much more conservative price of $80,000 for the next cycle. That would be sometime in the year 2024.”