Crypto Market Bull Run Delayed to 2025?! Here's How to Plan Your Strategy Now
The market was expected to reach its peak in the fourth quarter of 2024. Here’s the plot twist no one could have predicted. In a recent update, crypto analyst Miles Deutscher shared his latest insights on the cryptocurrency market cycle. Initially, the market peak was expected in Q4 2024, but recent trends suggest a delay, now anticipated in early to mid-2025. Don’t hit the panic button just yet, though. This shift to early-to-mid 2025 could be a golden opportunity.
Read on to understand why this delay is a game-changer for your crypto strategy!
Shifting Market Dynamics
A few months ago, the cryptocurrency market was on a rapid upward trajectory, with prices rising swiftly. The market was expected to reach its peak in the fourth quarter of 2024. However, according to Deutscher’s analysis, recent price fluctuations have altered this forecast.
“A few months ago, it was looking like an extremely accelerated cycle – potentially peaking in Q4 this year. Now, after recent price action, I'm thinking Q1/Q2 2025 is more realistic. This last month has set the cycle back & bought us time. Use it to your advantage,” said Deutscher.
Current Market Trends
As of June 26, 2024, the total cryptocurrency market cap stands at $2.222 trillion. At the beginning of June, it was approximately $2.465 trillion, peaking at $2.572 trillion on June 5. Since then, the market has shown a consistent weakening trend. At the start of 2024, the total market cap was around $1.668 trillion, reaching its yearly peak of $2.678 trillion on March 13.
The total crypto market cap excluding Bitcoin is currently $1.01 trillion. At the beginning of June 2024, it was $1.131 trillion, with a monthly peak of $1.171 trillion on June 5. Similar to the overall market, it has weakened since then. At the beginning of this year, it was $800.685 billion, peaking at $1.241 trillion on March 13.
Both market charts revealed a sharp upward momentum between late January and mid-March, followed by a range-bound trend. In the total cryptocurrency market cap chart, it oscillated between $2.618 trillion and $2.126 trillion. In the total crypto market cap excluding Bitcoin chart, it stayed between $1.214 trillion and $972.32 billion.
How Investors Can Plan
With the market peak now expected in early 2025, cryptocurrency investors have an extended period to refine their investment strategies. This additional time allows them to position themselves advantageously for the next cycle peak, potentially maximizing their returns.
The crypto market is ever-evolving. Do you think early 2025 is a realistic timeframe for the peak?
