This bull market is different from the previous ones, but it may be the biggest bull market in history. I summarize it into seven factors driving the bull market boom.
1⃣ New tracks such as inscriptions emerge and begin to be widely accepted. The bull market will inevitably bring hundreds of billions of dollars in asset creation and a large number of incremental users. I think the Bitcoin ecosystem exceeds hundreds of billions of dollars.
2⃣After the ETF is approved, hundreds of billions of dollars of compliant funds will flow into Bitcoin, driving the rise of Bitcoin. The overflow value will allow new concept coins recognized by the public to see a larger increase.
3⃣ Bitcoin halving actually has little impact on the market, but for many people who do not understand the overall picture of the industry, it is a psychological hint that a bull market is coming, further forming a group consensus
4⃣Hot asset sectors due to the return of US dollars brought about by the Fed’s interest rate cut
5⃣The improvement of web3 mobile infrastructure has lowered the threshold for users to enter the industry. Just like it took 16 years for mobile phones to be popularized to 100 million, while CHATGPT only took two months. It can be seen that the efficiency of this bull market cycle will be different from the previous ones.
6⃣A new generation of young people have become the native group of the Inscription era. They came into contact with Inscription when they were in college and just graduated from college, and made money from Inscription. Inscription is the Bitcoin of their generation, and they have brought infinite vitality to this track.
7⃣Binance, Ok and other exchange industries provide more traffic and liquidity
In 2024,#Sloris the most explosive inscription in the Bitcoin ecosystem. You can foresee that the Slor inscription track Dragon Four will perform well in the bull market! The trend is to reach a market value of tens of billions!
