Crypto analyst TechDev, Bitcoin 
$66,895He said that (BTC) could enter a new upward phase, following similar to past movements of a major stock index. In his statement to his 473,000 followers on the social media platform X, he stated that Bitcoin could step into a bull market that many people could not foresee.
Long-Term Bull Run Expectation
Many crypto market players evaluate Bitcoin price movements with four-year halving cycles. However, TechDev suggests that Bitcoin may be in the early stages of an eight-year bull run. The analyst shared a chart showing similar price increases between Bitcoin and Japan’s Nikkei index, spanning approximately 15 years from 1975.
Expected Increase in Collective Interest
According to TechDev, crypto markets may enter a major interest phase and prices may move much faster compared to previous cycles. The analyst says current technical analysis and market sentiment are preparing for the next uptrend. “Once mass interest comes, it will happen very quickly,” he added.
Stating that 99% of Bitcoin gains occur in just 30 days, TechDev emphasized that this may be a “high price” for late investors.
Current Status of Bitcoin
As of writing, Bitcoin is trading at $69,000. TechDev stated that Bitcoin currently has significant upside potential.
While many analysts make predictions focused on the four-year halving cycle, it is noteworthy that TechDev draws attention to a longer-term upward trend. This view could create new opportunities for investors.
Past Trends and Future Prospects
TechDev’s analysis shows that Bitcoin is moving in line with some past market trends. This may indicate that Bitcoin may exhibit similar performance in the future. It also has the potential to create a new dynamism in crypto markets.
TechDev’s insights may be worth considering for those looking to develop long-term investment strategies. How crypto markets will be shaped in the future continues to be an issue that investors should follow closely.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
