Crypto Bull Market Still Ahead Despite Recent Slump, Say Experts
Amid growing concerns about the crypto market's future following its worst quarter since the FTX collapse, some industry experts remain optimistic, suggesting that the real bull market for Bitcoin and altcoins has yet to begin.
Michael van de Poppe, founder of MN Capital, argued that the current downturn might actually mark the start of a new upward trend.
Drawing comparisons to the 2020 COVID-19 crash, where Bitcoin plummeted only to rally 20x later, van de Poppe believes the recent dip could similarly set the stage for a strong recovery. He attributes the latest drop below $80,000 to global tariff concerns but sees it as a potential precursor to renewed momentum.
Messari CEO Eric Turner, meanwhile, questioned whether a true bull market has even occurred, suggesting that what has been seen so far were isolated market movements rather than a sustained rally. He speculates that the real bullish phase may not take off until later in the year.
John Patrick Mullin, CEO of Mantra, emphasized the potential impact of positive policy shifts from the United States, particularly with ongoing regulatory changes.
However, uncertainty lingers due to President Trump’s recent tariff measures, which triggered a significant sell-off in US stocks. Despite this, some analysts believe the Federal Reserve may step in to stabilize the economy if conditions worsen, much like it did during previous crises.
While the timing of a full market recovery remains unclear, many in the crypto space are cautiously optimistic that the current turbulence could eventually lead to a major breakout.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.
