Well Folks!!!
Based on historical price movements, we could expect the next crypto bull run to start in 2024, after the next Bitcoin halving, and proceed to reach its peak in 2025.
The height of each previous bull run was separated by a period of roughly 4 years
While predicting the future of crypto is never foolproof, several factors could be hinting at a potential extended crypto bull run:
* Case for Risk-On Assets with Fed Rate Cuts:
* The US Federal Reserve can impact crypto prices with its decisions. Rate cuts could trigger an inflow of funds into risk-on assets like cryptocurrencies.
* As US inflation slows down, talks of rate cuts for the US economy have increased. Chairman Jerome Powell recently stated that the Fed isn’t far from the confidence it needs to cut rates.
* Increased flow of funds into assets like stocks and cryptocurrencies could hint at the coming of a 2024 crypto bull runas traders attempt to front-run this good news and get in ahead of the mainstream crowd
Remember that the crypto market can be volatile, so always do your research and consider your investment decisions carefully! 🚀🌟
Gabble or not