Bitcoin has reached a new all-time high of $107K, pushing its total valuation past $2.11 trillion. Analysts predict that the bull run will continue well into 2025 and beyond due to increasing demand and market maturity. Grayscale's report suggests that the crypto market operates in four-year cycles, with the decline phase in 2022 and 2023 and significant growth expected in 2024 and 2025. The launch of spot Bitcoin and Ethereum ETFs has contributed to the market's maturity, with significant inflows into these products. Altcoins have seen a surge in open interest relative to Bitcoin, indicating the later stages of the cycle. Factors like Donald Trump's pro-crypto policies are expected to further boost market momentum. Investors remain optimistic about the future of the Bitcoin bull market.



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