Analysts predict indicators of the next crypto market peak, focusing on celebrity endorsements, high-budget ads, and mainstream brand adoption of crypto jargon.
With Bitcoin's recent 74% rise in 90 days, expectations for a rebound in 2024 are high, including a potential all-time high for Bitcoin by late 2024.
Celebrity promotions, like Kim Kardashian's EthereumMAX endorsement or Justin Bieber's Bored Ape NFT purchase, are seen as significant market cap indicators.
Adoption of crypto slang by mainstream brands, such as Adidas and Coca-Cola, and social media posts by companies like Budweiser and Pepsi, are also warning signs.