"Wolf of All Streets" Predicts Major Bull Run for Bitcoin and Crypto Market — Warns of Bubble Burst! Scott Melker, the renowned trader and host of the Wolf of All Streets podcast, has made a bold proclamation on X Friday. According to him, we are just witnessing the
beginning of an exciting
bull run for
bitcoin and the wider crypto market.
However, Melker doesn't shy away from cautioning about a potential
bubble. He believes that even coins lacking
fundamental value might experience an astonishing surge before the inevitable burst.
Amidst all the excitement, Melker remains grounded. He observes an overwhelming amount of
hype, with people confidently predicting their future riches. Yet, he can't help but notice the numerous daily deals flooding his inbox, most of which are likely to falter.
Bitcoin's recent price surge, surpassing its previous record, is seen by many as a result of soaring demand for spot bitcoin ETFs and the upcoming halving event. The market is buzzing with optimism.
Notably,
Melker isn't alone in his bullish sentiment. Other prominent figures in the crypto space echo his optimism.
Bitwise's CIO predicts BTC could reach $200K due to high demand and limited supply, while Galaxy Digital's CEO sees a global hunger for bitcoin. Even veteran trader Peter Brandt has raised his price target for this bull market.
