{"id":16916,"date":"2025-10-12T07:46:31","date_gmt":"2025-10-12T05:46:31","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=16916"},"modified":"2025-10-12T07:46:31","modified_gmt":"2025-10-12T05:46:31","slug":"trader-predicts-imminent-surge-in-crypto-market-a-bull-run-on-the-horizon","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/10\/12\/trader-predicts-imminent-surge-in-crypto-market-a-bull-run-on-the-horizon\/","title":{"rendered":"Trader Predicts Imminent Surge in Crypto Market: A Bull Run on the Horizon"},"content":{"rendered":"

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The recent cryptocurrency market decline on Friday might actually signify the initial phases of a bullish trend, stated a crypto trader.<\/p>\n

\u201cI believe there\u2019s a very strong probability this is the onset of the bull market,\u201d crypto trader Alex Becker declared<\/a> in a video released on YouTube on Saturday.<\/p>\n

\u201cI think liquidating right now could be the most foolish decision you could ever make,\u201d Becker remarked. Jan3 founder Samson Mow expressed a similar view in a post on X that same day, stating<\/a>, \u201cIt\u2019s time for Bitcoin\u2019s next upward movement.\u201d<\/p>\n

Becker\u2019s remarks followed the substantial market downturn on Friday, which overshadowed all prior declines, as Bitcoin (BTC<\/a>) fell over 10% to $102,000 after Trump\u2019s announcement of a 100% tariff on China. The $19.31 billion in liquidations surpassed ten times the losses experienced during the COVID-19 crash<\/a> ($1.2 billion) and the FTX collapse ($1.6 billion).<\/p>\n

The cryptocurrency market decline \u201cjust reset everything\u201d<\/h2>\n

The crash generated significant concern within the global crypto community, but Becker labeled it a \u201chuge overreaction,\u201d insisting that the drastic decline \u201cjust reset everything.\u201d<\/p>\n

Becker posited that traders had become impatient after Bitcoin surged for a year while the remainder of the crypto market lagged behind.<\/p>\n

Bitcoin is trading at $111,210 at the time of publication, down 10.43% over the past week. Source: <\/em>CoinMarketCap<\/em><\/a><\/figcaption><\/figure>\n

\u201cI believe that\u2019s about to transform,\u201d he said. \u201cThis has driven individuals to madness, and you\u2019ve observed market makers merely pulling the switches up and down,\u201d Becker added:<\/p>\n

\u201cEvery action they take on the market is overreacted three to four times because people can\u2019t just f##king wait a couple of months to achieve the profits they aspire to.\u201d<\/p><\/blockquote>\n

According to Becker, the steep correction was partly fueled by \u201call-time impatience\u201d among investors over the recent weeks.<\/p>\n

Bitcoin\u2019s price expected to rise in the near future, analyst suggests<\/h2>\n

Bitcoin reached a peak of $125,100 on Monday but still falls short of the $250,000 year-end predictions earlier made this year by figures like BitMEX co-founder Arthur Hayes and Unchained\u2019s market research director Joe Burnett.<\/p>\n

Related: <\/strong><\/em>Market crash \u2018does not have long-term fundamental effects\u2019 \u2014 Analyst<\/strong><\/em><\/a><\/p>\n

Crypto analyst Benjamin Cowen shares the same positivity as Becker. \u201cI still think in the short-term it continues to advance,\u201d Cowen expressed<\/a> regarding Bitcoin, highlighting Bitcoin Dominance regaining 60% on Friday.<\/p>\n

Economist Timothy Peterson was more reserved, informing Cointelegraph on Sunday that Bitcoin will likely enter a three to four-week \u201ccooling off phase\u201d prior to the asset continuing its ascent. \u201cBut perhaps at a more gradual speed than before,\u201d he mentioned.<\/p>\n

\"Cryptocurrencies,
The Crypto Fear & Greed Index shifted into \u201cExtreme Fear\u201d on Sunday. Source: <\/em>Alternative.me<\/em><\/a><\/figcaption><\/figure>\n

The broader industry is more dubious, with The Crypto Fear & Greed Index<\/a>, which gauges overall market sentiment in crypto, registering an \u201cExtreme Fear\u201d score of 24 in its update on Sunday.<\/p>\n

Magazine: \u200b\u200b<\/strong><\/em>EU\u2019s privacy-infringing Chat Control bill delayed \u2014 but battle isn\u2019t over<\/strong><\/em><\/a><\/p>\n