In the ever-changing world of the currency circle, people are always chasing the rising trend, and Bitcoin is even more eye-catching. The question of whether Bitcoin will rise first has always been a topic of endless debate among investors. So, is it Bitcoin that rises first, or the bull market that comes first? Next, we will explore this issue in depth and unveil the mystery of the bull market in the currency circle.

In the investment of the currency circle, people often pay attention to the trend of Bitcoin. One view is that the rise and fall of Bitcoin often foreshadows the development trend of the entire currency circle. Bitcoin rises first, and the bull market follows. This statement has been recognized by the market to a certain extent. With Bitcoin as the leader, other digital currencies will also follow the rise, forming a comprehensive bull market pattern. What kind of logic is hidden behind this phenomenon?

First of all, as the "leader" of digital currencies, Bitcoin's price fluctuations often lead to changes in the prices of other digital currencies. Bitcoin's rise usually drives the sentiment of the entire market, and investors will follow suit to buy other digital currencies to promote the prosperity of the entire market. For example, when the price of Bitcoin rises rapidly, other digital currencies such as Ethereum and Litecoin will also follow the rise, forming a comprehensive bull market scene.

Secondly, the rise of Bitcoin is often affected by market heat and capital inflow. When the market sentiment towards Bitcoin is high and funds continue to flow in, the price of Bitcoin will show an upward trend. In this case, the arrival of a bull market is almost inevitable. Investors will be optimistic about the development prospects of Bitcoin and increase their investment, thereby promoting the prosperity of the market.

However, it is worth noting that not all bull markets are triggered by the rise of Bitcoin first. Sometimes, other digital currencies will usher in a bull market first, and Bitcoin will follow the rise later. In this case, the market trend is more complex and changeable, and investors need to adjust their strategies in time to grasp the pulse of the market.

In general, whether the rise of Bitcoin first can herald the arrival of a bull market depends on the overall situation of the market and the flow of funds. In the investment of the currency circle, it is crucial to keep abreast of market trends and seize investment opportunities. Whether Bitcoin rises first or other digital currencies usher in a bull market first, investors need to maintain keen market insight and make correct decisions.

In this currency circle full of variables, the rise and fall of Bitcoin often triggers market fluctuations, and the arrival of a bull market is the moment that investors dream of. Whether Bitcoin rises first or other digital currencies usher in a bull market first, it is an inevitable trend of market development. Investors need to keep a cool head, analyze market trends rationally, and seize investment opportunities to remain invincible in the ever-changing currency circle.

Finally, let us look forward to the arrival of the next bull market. Whether Bitcoin rises first or other digital currencies take the lead in the bull market, it will bring us more investment opportunities and wealth growth. May we overcome all obstacles and move forward bravely on the journey of the currency circle, and witness the glorious moments of the bull market together!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Cryptocurrency players who have experienced more than one or two rounds of bull-bear conversions should have noticed one thing. In addition to the small bull market driven by specific issues, if it is a big market in the entire cryptocurrency field, Bitcoin often starts to rise first, and then the rise is transmitted to other cryptocurrencies. So in the bull market of the cryptocurrency circle, is Bitcoin the first to rise? This is indeed true, because Bitcoin, as the leader of cryptocurrency, often affects the development of the entire cryptocurrency circle, so generally speaking, Bitcoin rises first in the bull market. Next, the editor of the cryptocurrency circle will talk about it in detail. 

 Is Bitcoin the first to rise in the bull market of the cryptocurrency circle?

In the bull market of the cryptocurrency circle, Bitcoin rises first. When the bull market of the cryptocurrency circle starts, Bitcoin flies first, and the mainstream coins that have fallen badly double first. After Bitcoin performed for a period of time, Ethereum started to soar all the way. When Bitcoin went sideways, the copycat followed Ethereum to act crazy.

In the cryptocurrency market, Bitcoin is generally regarded as the leader of the market. Bitcoin's price trend often plays a guiding and influencing role in the entire cryptocurrency market. Therefore, under normal circumstances, if a bull market occurs, the price of Bitcoin usually rises first.

Bitcoin is one of the earliest accepted and recognized digital assets in the cryptocurrency market. Therefore, investors often view Bitcoin as a relatively safe and reliable investment option. When market confidence improves, investors may buy Bitcoin first.

Bitcoin is one of the most liquid cryptocurrencies on the market. When market sentiment rises, investors are more likely to buy or sell Bitcoin, which causes Bitcoin's price changes to be generally faster than other digital assets.

In some cases, Bitcoin's price changes may be related to some events or trends in traditional financial markets. Investors may transfer funds to Bitcoin when looking for safe-haven assets.

 When is the next bull market in the currency circle?

The next Bitcoin halving will be in early May 2024. According to experience, the next bull market in the currency circle is likely to start a bull market 3-6 months before the halving, that is, around the first quarter of 2024. However, this only considers the factor of Bitcoin halving alone, without considering the impact of other factors.

Now the currency circle is highly involved in traditional funds, so it will be greatly affected by the traditional peripheral financial environment. For example, this bear market is largely caused by interest rate hikes. According to the global interest rate hike storm, most economists expect the Fed's interest rate hikes to continue until the first quarter of 2023. And because of the interest rate hike, the economy will enter a recession, which will last until the first half of 2024, and will not enter the interest rate cut cycle until the second half of 2024, and the economy will recover.

At the same time, analysts predict that the US SEC may approve the Bitcoin spot ETF after mid-2023. If the spot ETF is passed, it will undoubtedly give the entire market a shot in the arm. Finally, web3, the metaverse, and the digital economy are developing in full swing, and there is no doubt that they will become a breakthrough point for promoting global economic development in the next few decades. Although these do not represent virtual currencies, the relationship is very close, and it is also a long-term strong positive for it.

In summary, the combination of the halving cycle, the interest rate cut cycle, the spot ETF, and web3 can predict that the next bull market of virtual currencies will most likely not start until the first and second quarters of 2024.

All of the above is the answer to the question of whether Bitcoin will rise first in the bull market of the currency circle. Bitcoin is currently the most consensus-based cryptocurrency. The more people think that Bitcoin is valuable, the more valuable it is, and the stronger the consensus, the higher the value. Although Bitcoin is usually the market leader, different cryptocurrencies may perform differently in a bull market. Some investors may also look for small-cap tokens with high risk and high returns, expecting these digital assets to perform more significantly in a bull market. However, any cryptocurrency trend is based on real-time market conditions.