Bitcoin is set for its next big rise as more people start to pay attention, according to a crypto analyst.

A well-known analyst believes Bitcoin (BTC) is poised for a significant upward movement, similar to a major stock index.

The pseudonymous analyst known as TechDev tells his 473,000 followers on the social media platform X that Bitcoin could enter into a bull market that many won’t be able to catch.

While most crypto market participants view BTC price in terms of four-year halving-based cycles, TechDev suggests that Bitcoin could be in the early innings of an eight-year-long bull run. He shares a chart showing similarities in price surges between Bitcoin and the Nikkei, the Japanese stock index, which rallied for nearly 15 years starting in 1975.

“This ‘final leg’ could be a tougher read than you think.”