Among a few important discussions, one matter that people across the crypto market are discussing is ‘the next crypto market bull run.’ Although no one is certain for when the event could occur, it is anticipated that this time it is going to be massive. Other than being the biggest, this bull run is different from the previous ones in terms of the sectors that will lead the rally. 

The bullish and bearish phases are common phenomena due to the crypto market’s cyclical nature while moving forward. Historically Bitcoin (BTC) price movements have ignited and sustained the bull runs but gradually the dependency shifted to other altcoins, sectors and narratives. 

A glance in the past cycles shows BTC price first saw a massive jump in 2011 when it rose from $0.8 to $36 due to new traders entering the market and pouring money. Later in 2013, Bitcoin sustained $50 price levels and later hit the $1,000 mark for the first time.