‘Very High Chance' Latest Crypto Market Carnage Is The Beginning Of The Real Bull Run, Pundits Say

‘Very High Chance' Latest Crypto Market Carnage Is The Beginning Of The Real Bull Run, Pundits Say

By Zycrypto
Friday's sell-off triggered the worst liquidation event in crypto history, with over $19 billion in crypto positions wiped out in under 24 hours.

Article Details

**Crypto Market Carnage Signals Potential Bull Run Beginning, Experts Predict**

Friday's devastating cryptocurrency sell-off created the most catastrophic liquidation event in crypto history, obliterating over $19 billion in digital asset positions within 24 hours. Despite the massive market carnage affecting Bitcoin, Ethereum, and major altcoins, cryptocurrency analysts and blockchain experts suggest this brutal correction could mark the beginning of the real bull run.

The unprecedented liquidation cascade sent shockwaves through DeFi protocols, centralized exchanges, and institutional trading desks as leveraged positions were forcibly closed. Bitcoin and other cryptocurrencies experienced severe price volatility, triggering automatic sell orders across the ecosystem.

However, seasoned crypto pundits argue that such extreme market purges often precede major upward movements in the cryptocurrency space. Historical blockchain data suggests that massive liquidation events frequently create the foundation for sustained bull markets by clearing overleveraged positions and weak hands from the market.

This cryptocurrency market correction represents a critical inflection point for digital assets, potentially setting the stage for the next major rally in Bitcoin, Ethereum, and the broader crypto ecosystem as institutional and retail investors reassess their blockchain investment strategies.

Article Details

Market Sentiment
positive
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Market

Additional Information

0

Read the Full Article

Continue reading this article on Zycrypto

Read Full Article

Source: Zycrypto

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights