$SOL need expert opinions why Sol os not getting up? | Fazal009 on Binance Square

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$SOL need expert opinions why Sol os not getting up?

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What is a Crypto Bull Run? A bull run in the crypto market refers to a period of rapid price increases, record-breaking market capitalization, and heightened investor confidence. It is often characterized by a surge in activity for major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), accompanied by FOMO (Fear of Missing Out) among new investors. When Did the Last Bull Run Occur? The most recent significant bull run took place during 2020-2021: Bitcoin's price skyrocketed from $10,000 to an all-time high of $69,000. The total crypto market capitalization reached approximately $3 trillion. Potential 2024 Bull Run After Bitcoin Halving The Bitcoin halving, which occurred in April 2024, often sets the stage for a bull run. Key factors include: Limited Supply: A reduction in the new Bitcoin supply typically drives price increases. Increased Demand: Institutional and retail investors increasingly view Bitcoin as a long-term asset. Historically, bull runs have followed 12-18 months after halving events, as seen in 2016 and 2020. When Can the Next Bull Run Be Expected? Current data suggests the next bull run might begin in late 2024 or early 2025. As Bitcoin approaches the $100,000 mark, other cryptocurrencies are likely to gain momentum as well. Key Sectors to Watch in the Next Bull Run Unlike past bull runs dominated by NFTs, the upcoming one is expected to focus on: Gaming and GameFi Artificial Intelligence (AI) Metaverse and Virtual Reality (VR) Decentralized Finance (DeFi) Be Prepared With the crypto market poised for a potential breakthrough, ensure you stay informed and strategically invest. However, always educate yourself thoroughly before diving in to avoid unnecessary risks.

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