When Is the Next Bull Run – 5 Coins to Buy For the Bull Run?

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Introduction

Next Bull Run – Despite the hot summer temperatures in many parts of the world, the cryptocurrency market remains cold. While some see the current crypto winter as a buying opportunity, particularly for those who did not participate in the final quarter of 2021, others have succumbed to fear, selling or thinning out their holdings.

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The next crypto bull run, on the other hand, is unavoidable. It’s not a matter of if it will happen, but when. If you understand how markets work, you know that they move in cycles, and understanding this fundamental premise about how markets work will keep you warm during the coldest (Crypto) winter months.

Understanding Market Cycles

“The greatest glory of Bitcoin is not that it never falls, but rises every time it falls,” Confucius famously said. Market cycles were one of the many things he was aware of. Markets move in cycles, as seasoned traders will attest to, and recognizing these cycles is one of the keys to long-term trading success.

  • To become a good trader, you must first understand how crypto markets work and how to use market cycles to make consistent profits.
  • Understanding cycles is essential for price prediction and forecasting because they have a predictable structure.
  • The cyclical structure of prices allows traders to make price predictions.
  • Multiple time-frame analyses and the concept of cycles within cycles can be used to identify the longer-term cycle and the current price trend.

Understanding the constituent parts of a market cycle (accumulation, mark-up, distribution, and mark-down) will keep you from being caught off guard. It will allow you to profit from price movements as one phase transitions into the next—the obvious example being the next bull run.

What Exactly Is a Bull Market?

If you began investing in 2008, you have experienced the longest bull market in history, which has been bookended by the 2008 global financial crisis and the recent COVID-19 pandemic.

What exactly is a bull market or bull run? It simply means that prices in a market (stocks, cryptocurrency, or otherwise) are rising. In their stock market analysis for roughly ninety years (1926-2014), According to Morningstar, Inc.’s analysis of the stock market for the past 90 years (1926-2014), the average bull market lasts around 8.5 years, with a 20% increase from a stock’s low typically signaling the beginning of a bull market.

What is a Crypto Bull Run?

Since bull markets and bull runs (synonymous) tend to emerge when investors are bearish, the current crypto bear market could soon give way to a bull market. An actual bull market is characterized by a general increase in buying activity among investors, a shortage of available goods, and a consequent price increase.

In 2021, a textbook case of a cryptocurrency bull run occurred (with the May 2021 crash duly noted). Cryptocurrency prices soared for most of the year, with many reaching all-time highs (ATH) in November 2021. At the time, celebrities such as Matt Damon, Reese Witherspoon, LeBron James, Gwyneth Paltrow, and Larry David, among others, seemed to be hyping cryptocurrency because it was so hot.

It’s crucial to remember that bull runs can start suddenly and build momentum gradually. Both gradual price increases over a long period and large, unexpected jumps (typically defined as 20% or more) are possible.

Coins to Purchase for the Next Bull Run

The recent rise in the price of Bitcoin (which is now back above $22,000) has resulted in massive price increases for altcoins. This market overview investigates which coins have a high potential to continue making gains during the next crypto bull run to help investors avoid FOMO into the wrong assets.

1. Battle Infinity

If the bearish market structure in early 2022 is about to turn bullish, investing in a presale could be a wise investment decision. New coins with a low market cap may see a high return on investment (ROI) for early investors during the next crypto bull run.

Battle Infinity is only a week into its 90-day presale as of late July 2022, and it has already raised over 1250 BNB, or $300,000.

This new crypto presale will run until October 10th for the Battle Infinity metaverse game’s native coin, IBAT, with a minimum purchase of 0.1 BNB and a maximum purchase of 500 BNB.

On the Battle Infinity website, you can learn more about this upcoming NFT-based game and its roadmap and whitepaper.

Unlike other crypto games, Battle Infinity intends to provide a variety of metaverse gaming experiences, one of which will be a fantasy sports league called the IBAT Premier League.

The IBAT Bull Run

Axie Infinity gained over 166,000% during its 12-month bull cycle from November 2020 to November 2021 – and even more for presale investors – during the 2021 crypto bull run.

Battle Infinity has yet to launch on crypto exchanges, but it could be one to watch for the next crypto market bull run, which could begin in the latter half of 2022 or early in 2023.

 

2. Cardano

Cardano is a proof-of-stake platform that uses its cryptocurrency, ADA, to facilitate peer-to-peer transactions. Charles Hoskinson, the company’s founder, created ADA to provide a more balanced and sustainable ecosystem for cryptocurrencies.

Next Bull Run

Cardano Bull Rally

ADA was one of the first altcoins to go on an epic bull run following Bitcoin’s rally in 2021. The coin increased by 2,600% to reach an all-time high of $3.09. Following an 87% drop, ADA has recently bounced 32% off support and got resistance in the $0.60 region. If it manages to break through the opposition, the following price it should reach is around $0.75.

3. Axie Infinity

Axie Infinity is a non-fungible play-to-earn token online video game (NFT). Players earn AXS tokens (Axie Infinity Shards, the game’s native currency) by minting and collecting NFTs, which represent digital assets known as Axies, after assembling teams of fierce creatures to defeat enemies.

Next Bull Run

Axie Infinity Bull Run

Axie Infinity experienced a big bull run in June 2021, rising 4,500% to an all-time high of $165 in November 2021. Axie Infinity may have reached rock bottom after losing 87% of its value before spiking by more than 60%. The hourly chart has mainly shown green candles over the last 24 hours, indicating that a retracement is likely. Buying at the peak is the last thing any investor wants to do.

4. Near

The Near Protocol’s native token is NEAR, a decentralized application (DApp) platform focused on user and developer usability. Holders of NEAR tokens use them to pay transaction fees and for storage. The introduction of USN, NEAR’s stablecoin, prompted investors to earn interest on NEAR.

Next Bull Run

Near Bull Run

NEAR rallied 1,200% from July 2021 to January 2022, reaching an all-time high of $20. Then, NEAR fell 60% before recovering most of its losses, but it has been making new lows since early April 2022. Its recent 30% increase has pushed NEAR closer to key resistance. Further gains are possible if it can break through the $7.50 level.

5. Waves

Developers can use Waves, a blockchain protocol, to make things like smart contracts and DApps (DApps).

Next Bull Run

Waves Bull Run

WAVES has experienced extreme volatility in recent months. Investors who purchased the coin in mid-February 2022 saw it rise more than 650% by the end of March, reaching an all-time high (ATH) of $63.98. The currency has since dropped to $4.

The price of WAVES recently increased by 150% in a single day. The price cannot continue to rise indefinitely, and a retracement is unavoidable. Waves also broke through critical support at $9, then set new lows, which investors should note. The price has returned to that area, attempting to break through further resistance.

Which Crypto will Skyrocket in 2022?

When considering how cryptocurrencies gain value, several factors come into play. From good old-fashioned supply and demand to competition and even things like celebrity endorsements, the price and value of Crypto (like traditional assets) are tethered to various external factors. Social and political factors influence how investors buy and sell, with recent geopolitical unrest being an obvious example.

When determining which cryptocurrencies will rise in value in 2022, we must also consider the role of a few key investors. These investors, known as “whales,” can cause a price spike by purchasing a large amount of a single cryptocurrency. MicroStrategy, which has about 121,044 bitcoins in its possession, could experience a bull run if it sold some of them. Bloomberg claims that this occurred in 2017 when a single whale caused a significant increase in the price of Bitcoin.

So, which cryptocurrency will soar in value in 2022? Which cryptocurrency will be the catalyst for the next bull run? Bitcoin (BTC) and Ethereum (ETC) are both safe bets, with Ethereum benefiting from the much-anticipated 2.0 upgrade. Cardano (ADA), Solana (SOL), and Near, as well as Dencentraland (MANA), are frequently mentioned altcoins. With so much information available today, there are numerous ways to discover new crypto coins. There are many undervalued coins, with estimates ranging from 10,000 to 19,000 cryptocurrencies currently in existence. Finding the best cryptocurrencies to invest in 2022 can be difficult, but it is not impossible.

Top Crypto to Watch in 2022 for the Next Bull Run – Conclusion

As the next bull run approaches, there isn’t much time left to invest in blockchain projects while the price is still low. To invest in cryptocurrencies, you must first figure out which options are best for you. We decided to vote for Cardano after careful consideration and comparison. It’s one of the most recent blockchain projects to redefine the meme token ecosystem through an interactive online game that includes a metaverse and a P2E model, among other things.

 

About Abdulmujeeb A. Owolabi 22 Articles
Abdulmujeeb A. Owolabi writes SEO articles for businesses that want to see their Google search rankings surge. With over 5 years of SEO expertise in writing tech, crypto, and finance blogs, you can reach him at hardegboyega@gmail.com

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