It has been over 80 days since Bitcoin’s block rewards halving took place, and the crypto market is getting extremely bullish. Historical data shows that after the halving, a major crypto bull run tends to take place, and the market remains bullish for about a year after the rally starts. Right now, many are anticipating the next bull run to arrive, and one survey says that more than half of traders are currently bullish.
More Than Half of Crypto Traders Remain Bullish
The survey was conducted by CoinGecko and reported on by 99Bitcoins. According to CoinGecko’s data, more than half of crypto traders are bullish on digital assets. The crypto market did see a pullback in the aftermath of the halving, but the cautious optimism still remains strongly present.
https://x.com/99BitcoinsHQ/status/1814662064884924751
In fact, CoinGecko reported that 49.3% maintain a bullish outlook, while 25% have adopted a neutral stance. This means that only around 25% of market participants feel pessimistic about the short-term future of the crypto market, which is likely why the sector has seen so many smaller rallies over the past few weeks.
Major bull runs tend to happen 6-12 months after the halving takes place, according to experts, which is why many expect the next rally to start in months to come. Granted, there are those who deny that bull runs are connected to the halving, and so far, neither side has been able to definitively prove their stance.
All that anyone can say is that historical data shows that rallies do tend to happen soon after the halving, which is why many are preparing for it.
JOIN THE 99BITCOINS PRESALE BEFORE IT ENDS
What is 99Bitcoins About?
If you are considering preparing for the rally as well, one of the best moves to make is to buy cryptos that have high potential but are currently still in presale. 99Bitcoins, the same company that shared the news of CoinGecko’s survey, is actually holding a presale right now, selling its own native token.
99Bitcoins has been around for over a decade, offering educational materials on the crypto industry and being the first stop in the education of many of today’s experts.
The project, also known as 99Bitcoins (99BTC), will be the native cryptocurrency of 99Bitcoin’s upcoming platform, which will also offer educational materials. However, the project plans to introduce new earning modules, as well as a unique model known as Learn-To-Earn (L2E). This is a brand new way to educate people by incentivizing them with rewards in the form of 99BTC tokens.
BUY 99BTC BEFORE ITS PRICE GOES UP
In other words, as you learn about the crypto industry, you get rewarded with money, and if the model ends up being successful, it might inspire a major change in the future of learning and education. This is why the project has enormous potential and why its token is likely to see a massive price increase in time. If you wish to be a part of that, you can join its ICO right now.
So far, 99Bitcoins raised over $2.5 million, and its presale currently sells the 99BTC token for only $0.00114 apiece. You can buy it with ETH, BNB, USDT, or credit/debit cards.
