All depends on the stability of bitcoin price. If bitcoin price manage to stay above 40k this bull season will last for at least a year. IMO alt season hasn't started yet, therefore anticipate more positive action. As for any market there's going to be a correction sooner or later and this time things will be different. All the best!
Yep, the correction is certain to happen because it's a market cycle. but I think so far no one can predict accurately at what price level bitcoin will experience a correction, even this bullish cannot be predicted accurately. we can only observe and determine our next investment plan
I am not really positive in terms of wanting me to speculate as to when this current good periods will last or this bull period will last. Many have been bulling for quite some time now and may think that this bull will last at least until the end of the year, then followed by a period of long correction. It is currently a prediction really that many are thinking that this will happen by the end of the year, but many of us are positive that we can get most of the profits before the correction will happen.
It is also a question of definition as to what a bull run really is. If bitcoin goes up 500% in one year and then 120% in the next year, is the first year a bull run and the second not?
If bitcoin goes up for 6 months, then down a bit for one months, and then again up for 6 months, are that two bull runs or one?
I don't think the question is very good. As long as investors see growth potential and as long as bitcoin has a strong believer base who not only hold bitcoin for selling it later, but for ideological reasons because they really believe in the paradigm shift, bitcoin could be going up for very long.
It could also abruptly end. The list of reasons is not short why that could be happening, but the list of reasons why it could keep going up is also not short.
What counts for me is to see what our world looks like in maybe five years from now. Maybe bitcoin took the world by storm by then or maybe national digital money will have made its way by force of an globally orchestrated government action.