Bitcoin Above $30k Again - What Should We Expect After The Bull Cycle?

Looking at the cryptocurrency market today, there appears to be some optimism because the market was glowing extremely green. It's somewhat of encouraging that Bitcoin is back above $30k, Ethereum is back above $1.8k, and the total market cap is back above $1 trillion. This gives me and other cryptocurrency investors a lot of hope. Even with its SEC lawsuit, XRP has been doing fine at maintaining its pricing position despite the significant drop a few weeks back.l, currently trading above $0.8.

Due to poor liquidity and trade volume following the SEC attack on Binance, which saw an 80% decline in trading volume, Bitcoin did a flash pumped to $138k on Binance US last month. While it's obvious that this was a mistake, it kind of demonstrated how it's conceivable for the price of bitcoin to exceed the much anticipated $100k. The market capitalization of all cryptocurrencies will then surpass $5 trillion or more. It's amusing how much worse the present bear market is than the one we experienced in earlier years. Back then, bitcoin was trading below $5k, and the overall market capitalization of all cryptocurrencies was less than $500 billion. Today, however, bitcoin has grown significantly, with a market capitalization of over $500 billion.

The market is set up for ups and downs (bull and bear), therefore if the market is bearish, the bull will undoubtedly follow, and vice versa. So, who knows, in the next bull run and the bad market that will come after, we might well be sobbing over bitcoin at $80k and referring to a $4 trillion market cap as a bear market. No matter how much the market lowers, every time it provides us a tiny boost, it usually leaves us all feeling upbeat. The cryptocurrency industry is fantastic; it's expanding slowly at first but you can see how far it has come by looking at the past. Can't wait for the next bull market, but I have a lot of hope. I hope you have the same amount of hope.