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Yet Another Crypto Bull Run May Lie Ahead

Image Source: Chinnapong / Shutterstock

Cointelegraph’s Crypto Trading Secrets podcast has released its fifth episode, featuring Filbfilb, a cryptocurrency analyst and trader popular on Crypto Twitter. The crypto space has seen several bull and bear markets since the industry began with Bitcoin’s (BTC) launch in 2009. Each overarching crypto bull and bear market has primarily hinged on Bitcoin’s price action and market cycles, which makes sense, given that BTC is the largest, most established crypto asset. Filbfilb thinks the crypto industry may have another sizable bull market left, according to his interview with host Benjamin Pirus, recorded on Jan. 26.

“I think there will always be bull and bear markets,” Filbfilb said, responding to a question on whether Bitcoin will continue seeing bull and bear cycles. “Every market continues to have bull and bear markets for whatever reason,” he continued, adding:

“The biggest thing driving Bitcoin is speculation to a large extent, and I think we are still a speculative industry. I think there’s a good chance we will have another robust bull market with crypto. Each cycle brings in more people, more understanding, more acceptance of what it is that’s trying to be achieved, questioning around the ethos of why it exist, and so on.”

“So, I believe we have gas in the tank to do another cycle,” Filbfilb added, further elaborating on the rationale behind his opinion. He did, however, share his reservations regarding the possible extent of the bull run, pointing to Bitcoin’s highs becoming less dramatic over time as per its logarithmic chart. In the episode, Filbfilb also talks about his background, career path and more.

Image Source: Chinnapong / Shutterstock

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