- Expert claims Bitcoin has not had its real bull market yet.
- He then goes on to explain why he expects a highly bullish crypto surge soon.
- Overall, he believes that Bitcoin has not had its real economic expansion bull market yet.
As the price of BTC trades under the $80,000 price range, bearish sentiments are on the rise. One expert claims Bitcoin has not had its read bull market yet and expects a highly bullish crypto surge soon. This surge is expected to support both a Bitcoin and altcoin price surge. According to this expert, the traditional 4-year bull cycle is either elongated, shifted, or gone obsolete, a theory most bullish analysts agree with.
Expert Claims Bitcoin Has Not Had Its Real Bull Market Yet
Dan Gambardello, a reputed and prominent crypto analyst and trader, has been standing by his macro crypto analysis for months now, despite the growing expectation for a bearish turn to the crypto market. While bearish analysts are certain that the price of BTC will go on to fall towards the $40,000 price range over the coming months to set a bottom, bullish analysts remain determined that BTC will set new ATH prices this year.
At the moment, the crypto community is divided between bearish and bullish expectations, which is even more confusing as the crypto price charts show signals supporting both possible price outcomes. In fact, certain altcoins are showing strong pump signals on their individual price charts. With shifting dynamics in the crypto space, a bullish turn is highly likely for the entire crypto market.
As we can see from the post above, Gambardello talks about how crypto is so bullish at the moment. He has stated in previous post before about the new Fed Chairman being pro crypto and has also spoken of how banks will soon enter crypto once the Clarity Act comes into play. Thus, he remains exceptionally bullish on crypto and has been sharing supporting chart patterns to elevate his opinions.
Expects a Highly Bullish Crypto Surge Soon
In particular, he says that the world and all banks, governments, institutions, and asset managers are rushing into the crypto space. He also mentions how tired he is of defending his macro analysis and macro bull case against people who think in weeks and months. Gambardello then goes on to share a video discussing the support areas now in play for both the BTC and ETH price charts, as shown in the post below.
To highlight, he draws attention to the fact that Bitcoin is up 13% since November 2024, while Ethereum is up 14% in the same stretch. After nearly a year and a half, the charts have basically seen the same return. He concludes that the BTC vs altcoin war online is louder than the actual gap and states that he is aware that BTC has had its ATH in between, but believes that Bitcoin still hasn’t had its real bull market yet.
