The cryptocurrency market has experienced a sharp decline due to a global sell-off initiated by U.S. President Donald Trump's tariff announcement. However, some experts, including Messari CEO Eric Turner, remain optimistic in their forecasts.
Market Decline and Expert Optimism
The global sell-off significantly impacted Bitcoin and altcoins, fueling discussions regarding the onset of a bear market. Despite this, Eric Turner expressed confidence that the bull market in Bitcoin and the broader cryptocurrency ecosystem will regain momentum by the third quarter of 2025.
2025 Q3 Predictions
In a recent address, Turner mentioned that the current declines are less significant compared to previous corrections. He noted that historical data suggest that chaotic sell-offs can create favorable conditions for market reversals. In his view, a true bull trend is expected to begin in the third and fourth quarters of 2025.
The Role of the FED in Market Recovery
Analyst Michael van de Poppe also shared his belief that the bull market for Bitcoin has actually already begun. He drew parallels between the current decline and the COVID-19 crash, during which Bitcoin lost up to 40% in a single day. He pointed out that historically, the Federal Reserve (FED) has intervened to support the market during downturns, and a similar situation may occur now. Van de Poppe stated, "The only question is when this will happen."
In conclusion, despite the current downturn, many experts remain optimistic, anticipating the start of a bull trend in the coming years. This suggests that monitoring market changes and FED's actions is essential.
