Categories: Bitcoin News

Bitcoin Bull Rally: CEO, Traders, & Analysts, Everyone is “Freakn Bullish” Right Now

Bitcoin and crypto market will be soon welcoming a bull run according to the industry experts. From Binance CEO, popular crypto trader Bitcoin Dad, to…

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Bitcoin and crypto market will be soon welcoming a bull run according to the industry experts. From Binance CEO, popular crypto trader Bitcoin Dad, to analyst Mati Greenspan, and Ran Neu Ner, everyone is pointing towards a Bull run on the horizon.

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Bitcoin bulls on its way to enter the crypto space

Bitcoin is still maintaining the stability at about $6,500. At the time of writing, with a market cap of $113 billion, Bitcoin has been trading at $6,536. The leading cryptocurrency is managing the daily trading volume of $3.8 billion.

Bitcoin 1-year price chart, Source: Coinmarketcap

As the crypto market trades in the red and green mix, BTC dominance has slid down to 53.7 percent. Meanwhile, the overall market cap is at $216.9 billion as various altcoins register a hike.

1-year Total market cap chart, Source: Coinmarketcap

Bitcoin price and overall market cap might seem stable however, crypto industry experts believe or share the sentiments reflecting a bull rally to be on its way.

Binance CEO, Changpeng Zhao took to Twitter to reinstate the fact that cryptocurrencies and blockchain are here to stay, so just Hodl.

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Senior Analyst at eToro, Mati Greenspan outrightly stated the fact that he is very bullish right now:

Bitcoin Dad, a popular cryptocurrency Trader believes after the downtrend, the market has well settled and now we all need to get ready.

Another bullish sentiment shared is by Ran Neu Ner, CNBC’s Crypto Trader host who pointed out the fact that the entry of institutional investors is the sign that the future is bright:

As the year-end approaches and big names from mainstream industries enter into the crypto space, the potential and anticipation of a bull rally being on the horizon are rising up.

Do you think a bull rally is coming soon? Share your thoughts with us by commenting below!

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Anjali Tyagi

Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.

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