Bitcoin Bull Run: What’s Driving It?
Bitcoin is on a bull run, breaking resistance levels and sparking optimism. Key factors include:
• Institutional Adoption: BlackRock and Fidelity push for Bitcoin ETFs.
• Halving Anticipation: April 2024 halving reduces BTC supply, boosting scarcity.
• Macroeconomic Factors: Inflation concerns drive demand for Bitcoin as a hedge.
• On-Chain Data: Rising wallet activity and declining exchange reserves signal confidence.
Stay informed and trade wisely—this could be the start of a historic rally!