**Bitget CEO Predicts Crypto Bear Market Could Extend Until Late 2025**

 **Bitget CEO Predicts Crypto Bear Market Could Extend Until Late 2025**  

Gracy Chen, CEO of cryptocurrency exchange Bitget, has warned that the current crypto bear market may persist until **September-October 2025**, citing historical Bitcoin halving trends and macroeconomic conditions. Here’s a closer look at her analysis:  

### **1. Bitcoin Halving Cycles Suggest a Prolonged Accumulation Phase**  

- Past Bitcoin halvings (2012, 2016, 2020) were typically followed by **12-18 months of consolidation** before new all-time highs.  

- With the latest halving occurring in **April 2024**, the next major bull run may not begin until late 2025.  

- Historical data indicates Bitcoin often hits a low **6-12 months post-halving**, with a full bull market emerging afterward.  

### **2. Macroeconomic Pressures Could Delay Recovery**  

- **High interest rates** and restrictive monetary policies (such as Federal Reserve hikes) may prolong the crypto downturn.  

- While **institutional adoption** (e.g., Bitcoin ETFs) could soften the blow, broader economic trends will likely dominate.  

- Geopolitical risks, including regulatory crackdowns and global elections, may introduce additional volatility.  

### **3. What’s Next for Crypto Markets?**  

- Bitcoin could trade **sideways** within a **$30,000-$50,000 range** for an extended period.  

- **Altcoins may face further declines**, with weaker projects collapsing in a "crypto winter cleanse."  

- Meanwhile, stronger sectors like **DeFi, Layer 2 solutions, and real-world asset (RWA) tokenization** may continue developing under the radar.  

### **4. Possible Triggers for the Next Bull Run**  

- **Fed rate cuts** (expected late 2024 or 2025) could renew investor confidence.  

- **Increased Bitcoin ETF inflows** might fuel momentum if sentiment shifts.  

- An **Ethereum ETF approval** could provide an additional boost.  

- Emerging trends like **AI-integrated crypto, institutional DeFi, and asset tokenization** may drive new hype cycles.  

### **5. Differing Perspectives on the Timeline**  

- Some analysts believe **institutional involvement** could shorten the cycle, with potential upside by **early 2025**.  

- BlackRock’s CEO has hinted at **earlier bullish movements**, possibly in Q1 2025.  

- An unexpected **macroeconomic shock** (e.g., a recession or dollar crisis) could either accelerate or delay the market’s recovery.  

### **Key Takeaway**  

If Chen’s prediction holds, crypto investors may need to brace for another **12-18 months of sideways or bearish action** before the next major rally. However, given the market’s unpredictability, shifts in macroeconomic policy and on-chain activity could alter this outlook.  

*—Stay tuned for further developments as the market evolves.*