Bitcoin’s Bull Market Enters Stage Two: Is a Surge Imminent?

By Dan Evert, CCNP   Published: 03/23/25   Updated: 10/25/26   2 min read

Analyst says Bitcoin bull run is in stage two

At a glance

Stage two of the cycle

Bitcoin is close to another big move, if one well-followed crypto analyst is right. Stage two has begun, the analyst says. In past cycles, this stage brought strong price swings that ended in new all-time highs, and traders now want to know how long this one can last before sentiment turns.

The case for new highs

The forecast has drawn attention. According to the analyst, this stage brings stronger sentiment and more buying, and if money keeps flowing in, Bitcoin could break its previous high. Most of the market is watching with cautious optimism.

What the market is showing

Some signs of a bullish phase are already showing, including higher trading volume and steadier prices after volatile stretches. The analyst bases the call on current trading and on Bitcoin’s history of following similar patterns once prices stabilize.

Institutions are buying again

Institutional investors matter here. Some see Bitcoin as a hedge against inflation and geopolitical risk, and new money from large players has followed. Their buying supports the price and gives Bitcoin an air of legitimacy that retail investors notice.

What the charts say

Technical analysis supports the bullish view. Analysts are watching Bitcoin’s moving averages, the Relative Strength Index (RSI) and on-chain metrics. Recent readings lean bullish, and many suggest Bitcoin is not yet overbought, which would leave room for further gains.

The analyst’s reasoning

The analyst’s call draws on past cycles and current market data. Gains look likely. But only as long as macroeconomic conditions and investor sentiment hold up.

What could stop the rally

Plenty of people think Bitcoin is in the second stage of its bull market. Whether it reaches new highs depends on how markets, investors and the wider economy behave in the months ahead.

Investors should weigh both sides. Crypto rallies can reverse quickly, and the next few months will show whether this one has staying power or fades.

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Dan Evert, CCNP

Dan Evert is a self proclaimed Router Jockey. Dan got heavily involved in networking right out of high school and has never looked back! Dan is giving back by working with high school students to get them involved and interested in Networking and Security.