A durable, multi-year crypto bull market is not expected to start immediately (late 2025/early 2026) but is more likely to pick up in 2027 or 2028, aligning with lower interest rates and increased quantitative easing.
"the time frame for a more durable bull market that lasts for say a couple of years, it's probably not happening right now. ... Maybe we have to go to it again in 2026 and then in 2027 or 2028 things can finally pick back up as interest rates potent, you know, potentially come back down and as we get more into the quantitative easing part of the cycle."