Bitcoin on Track for Significant Surge in Next 18 Months

Cryptocurrency analyst Will Clemente predicts a substantial rise in Bitcoin (BTC) over the next 18 to 24 months, citing positive on-chain signals and a comeback from the recent bear market. Key indicators include the realized market cap, stablecoin dynamics, and potential ETF approval driving institutional capital. Despite positive fundamentals, caution is advised as leverage-driven corrections may occur during the ascent.

The crypto bear market has officially ended, with Bitcoin poised for a significant surge in the next 18 to 24 months, according to trading analyst Will Clemente. On-chain signals, such as the positive flip in the 180-day change in realized cap and the cost basis shift between short-term and long-term holders, indicate a resurgence in crypto inflows and a rebound for BTC. The rising realized cap demonstrates not only new money entering the market but also an increasing cost basis, allowing for higher trading prices without strongly incentivizing profit-taking.

Stablecoin dynamics are contributing to this positive outlook, with the total market cap of dollar-pegged crypto showing a 90-day increase. This signals a growing investor appetite for synthetic dollars with easy access to the crypto market. Bitcoin’s recent climb to over $44,500, after months near $30,000, is attributed to various factors, including anticipated approval of multiple Bitcoin spot ETFs next month, paving the way for more institutional capital.

While over 70% of Bitcoin’s circulating supply has remained unmoved for over a year, Clemente cautions that the ascent won’t be without challenges. Leverage-driven price corrections are expected along the way, a sentiment echoed by on-chain analyst James Check, who suggests a potential need for investors to take profits at current levels for a healthier market adjustment.

Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered financial advice from Cryptozi or any other entity. We want to emphasize that if readers use the content or services mentioned in this article, Cryptozi is not responsible for any resulting losses. Therefore, it is strongly advised to exercise caution and consult with financial professionals before making any financial decisions that could impact your financial situation.

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