Analysts believe the strongest bull market in Bitcoin's history is yet to come

Kruger, a crypto analyst, also recently echoed the bullish sentiment, telling his 169,000 X followers, "The daily chart of Bitcoin is very bullish and I am expecting an ATH (all-time high) soon." Jonathan Dwett, chief investment officer at Melbourne, Australia-based digital asset manager ZeroCap, also weighed in on the bullishness, saying, "Bitcoin could reach $80,000 before the April halving, and break $100,000 the following month."

Meanwhile, Pomp Investments founder Anthony Pompliano recently appeared on CNBC's Squawkbox and said that Bitcoin has hit a really important milestone before the halving, "We had the highest BTC weekly, monthly, and quarterly closing price before the halving. The last four times this happened, BTC was up at least 300% during the bull market."