Cryptocurrency bull market enters Act 2...expect wild price swings
The cryptocurrency bull market is entering its final phase, according to expert analysis, Cointelegraph reports. The bull run, which began in October last year, stalled after Bitcoin (BTC) hit a record high in early March. "The crypto bull market is set to transition into its second and final phase, which will lead to sharp price movements," said James Check, an on-chain analyst at Onchain. According to Check, the next phase is expected to boost market sentiment, which will lead to higher volatility. Increased media coverage of Bitcoin is expected to increase demand. "Until the supply comes back into the market and satisfies it, the price will rise," he added.