From a fundamental perspective, all factors point to a bull market for Bitcoin next year. Whether it is policy, regulation, strategic reserves, or even purchases by listed companies, the outlook for Bitcoin is positive. For example, MicroStrategy's CEO recently announced that after the accounting standards come into effect next year, the Bitcoin held by MicroStrategy will be included as an asset, which may allow it to be included in the S&P 500. These fundamental factors indicate that there may be a bull market for Bitcoin next year.
The current market is affected by the US stock market, especially the expectation of interest rate cuts, which has led to increased volatility in Bitcoin. But the dual attributes of Bitcoin - both a risky asset and a safe-haven asset - determine that its performance in the future may be more prominent. Even if the US stock market plummets in the future and the economy declines, leading to a large-scale downturn, the safe-haven attribute of Bitcoin will gradually emerge, driving its rise.
