Because the price is stalling, some investors suspect that the Bitcoin rally is already over. The last all-time high of $123,000 was already a month ago. CoinGecko founder Bobby Ong reassures: The bull market can continue for many months. One factor in particular is important for this.
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Bitcoin Rally at an End? This is how BTC Can Continue the Bull Market
Is this year’s Bitcoin rally already over? The faltering price development of Bitcoin is causing confusion among some investors. Now CoinGecko founder Bobby Ong has published a statement. According to him, there is no reason to worry. The bull market could continue for many months.
“Half of my timeline says we are at the peak of the cycle. The other half says we are just at the beginning. (…) Where are we really?”, asked a user on X – and Bobby Ong reacted.
“In my opinion, we are currently in the third section of this cycle”, Ong replied.
According to the CoinGecko founder’s forecast, a large part of the bull market may already be over – but not the most important part.
“The most volatile part with the biggest gains comes in the fourth section”, explains the crypto expert. Bobby Ong is known as the founder of the data aggregator CoinGecko, which is one of the largest companies of its kind in the crypto industry.
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Due to the greatly changed market conditions, however, the crypto market does not have to repeat its historical movements. New factors are now influencing price developments and can therefore extend the bull market over a longer period of time.
“I assume that this cycle will last a maximum of nine to twelve months, but this rally could continue much longer than expected if the regulatory framework is favorable”, wrote the Malaysian.
US Influence on Bitcoin Price Currently Huge
One country in particular exerts a huge influence on the Bitcoin price, but also on the entire crypto market: the USA. The North American country not only has enormous capital, it can also decisively change the framework conditions of the crypto market.
- Bitcoin
(BTC) - Price $121,695.00
- Market Cap
$2.42 T
“A lot depends on the macroeconomic conditions in the USA”, argues Ong.
Since the new US government took office in January, the regulatory conditions for Bitcoin and Co. have already improved massively, at least in the United States.
The USA made a significant contribution to the fact that Bitcoin was able to reach new all-time highs several times this year. This influence could also have a global impact through international imitators.
However, US policy has not only had a positive effect – price losses in 2025 were also often related to the decisions of the US government. The authorities recently outlined which guidelines they want to use to spread cryptocurrencies in the United States.
However, the economic and financial policy of the USA also always has negative potential towards crypto. Whether the negative or the positive influence is greater is difficult to recognize in advance, says Ong.
“Buckle up and let’s enjoy the exciting months that lie ahead together 🍿”, recommends the CoinGecko founder.
Did you know? This is why market analyst Arthur Hayes expects a crypto crash.