Lark Davis Declares Bitcoin Bull Run Has Begun

Popular crypto analyst Lark Davis has declared that the next Bitcoin bull run has officially started, citing a confluence of on-chain and technical signals.

In an interview with Bitcoin Magazine, Davis argued that the market bottom for the current cycle was likely established at the $57,000 level. He pointed to a dozen indicators, including record whale accumulation and a bullish two-week MACD crossover, as evidence that the bear market phase has concluded.

Davis described the recent downturn as the “shallowest, shortest bear market ever,” suggesting the trauma of that period may be causing investors to underestimate the potential for a sustained uptrend. He also highlighted the ongoing dominance of Bitcoin within U.S. spot ETF inflows as a major structural tailwind for the asset.

The analyst’s view contrasts with ongoing debates about the potential death of Bitcoin’s traditional four-year cycle, though he acknowledged that the introduction of ETFs is fundamentally changing market dynamics, drawing parallels to the impact gold ETFs had on that market.