Engineer Predicts Biggest Bull Run Coming Soon for Bitcoin; Here’s All

Pooja Khardia
December 29, 2024
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Engineer Predicts Biggest Bull Run Coming Soon for Bitcoin; Here’s All

Highlights

  • Despite hitting the ATH earlier, the Bitcoin price is stalling at $94k, but experts predict a massive Bitcoin bull run soon.
  • Engineer Ted Boydston predicts Bitcoin could hit $225k, driven by M2 money stock signals and global liquidity trends.
  • Another analysis shows this happening by June 2025, followed by the altcoin season.

With an almost negligible recovery in the last 24 hours, Bitcoin has been stranding around $94k despite hitting the ATH of $108.2k a few days ago. The Bitcoin price performance is also impacting the crypto market, but most experienced investors argue that this is a momentary phase. Interestingly, an engineer believes that the biggest Bitcoin bull run is coming soon, considering the M2 marker.

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Understanding the Biggest Bitcoin Bull Run Phase

In a recent tweet, a popular crypto analyst & engineer, Ted Boydston, presented an interesting BTC price analysis, predicting the upcoming Bitcoin bull run phase. According to Ted’s analysis, the price oscillator on the M2 has recently formed, which provides buy and sell signals.  As the M2 money stock analyses the liquid cash circulation, including physical cash (M1), checking deposits, and other near money instruments like saving, money markets, etc, it is a key economic indicator that influences all the financial markets, including the crypto market.

The engineer’s prediction also focuses on the same, as he talks about the Bitcoin price movements and the global liquidity trends. More importantly, the oscillator derived from the PPO of M2 sits at the lower panel. As a result, it flashed the buy signal and entered the green zone. More importantly, historical reports confirm that such signals often head to major money printing and Bitcoin’s manic phase. Eventually, this leads to the famous Bitcoin bull run.

Bitcoin Bull Run

During this time, investors often witness increased price volatility and rapid price appreciation. Although this signal works pretty well, there was one exception in 2016. It failed to flash a signal back then, as the Bitcoin halving event primarily drove the BTC price rally.

Interestingly, the investor’s expectations are still consistent to witness Bitcoin regaining support and surging past the current ATH of $108.2k.

Expert Bitcoin Price Predictions & Forecasts

Until recently, the biggest target for BTC price was $100k, but that has been achieved, so now the eyes are on what’s more coming. Many crypto analysts have claimed to see Bitcoin price at $150k or even $1M, but the most understandable one is that Bitcoin might reach $225k per Boydston’s analysis.

Boydston talks about the manic phase bull market, wherein each BTC cycle, a top is formed at around 0.382 Fibonacci retracement level. If the same data is put in the current cycle, the BTC price target is $225K with the Bitcoin bull run. Another crypto analyst has come with a similar outlook and predicted that Bitcoin price could reach $225k in June 2025. More importantly, he also predicted a major altcoin season beginning after that.

Bitcoin price prediction

Such similar outlooks increased the probability of that happening for real. One other outlook focuses on Tether’s dominance, which is in a tough spot with its decreasing circulating supply with Europe’s Tether Ban. 

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Final Thoughts

Ted Boydston’s analysts’ Bitcoin price prediction has presented a new image of the possible bull market for this cryptocurrency. As the M2 has flashed a buy signal, this has hinted that Bitcoin’s manic phase will begin soon. Interestingly, another crypto analyst has added the timelines to that as the Bitcoin bull run could result in the BTC price hitting $225k in June 2025 before handing over the bulls to the altcoins. This might make hundreds of investors’ dreams come true. However, careful investment and strategic planning are a must, as many factors could hinder this path. More importantly, running the technical analysis and making smart decisions are the keys to returns, not the internet analysts’ prediction, as they vary from time to time and from person to person.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.