The 2024/25 bull run could be the first that doesn’t create new ATH’s

Looking at the macro event, it’s entirely possible the next bull run stops short of 2021 highs.

The internet bubble in 2000/2021 in some cases took over a decade to recover. Will it be the same this time?

This bear market does have challenges ; this is the first macro economic recession/ possible depression globally. With the money printers turned off and inflation still at high numbers with no signs of getting back to target rate. Since crypto is considered a “risk on asset” it is being sold off at a rapid rate. Investors have less money to buy and when selling assets look at crypto first.

It’s entirely possible that the next bull run stops short at ATH. The money printing, leverage, speculation was an absurd event that took place during COVID - with many being at home to watch this spectacle. We had Elon musk and many celebrities take part of FTX, NFT’s and pump and dumps.

Historically each bear market in crypto has led to most alt coins losing 75-99% from previous ATH. Most projects don’t even make it to the next bull market

With bitcoin the average loss has been close to 80% the previous ATH to low.

Now that most of the negative news and garbage is flushed out, the markets can heal and mature.

What will it take for the 2024/25 bull run to ignite bitcoin and crypto higher than its previous ATH?