Why are people saying that the big bull market in the cryptocurrency market is coming?
1. Once the Fed cuts interest rates, it will print money, and then a large amount of US dollars will flow into the cryptocurrency market.
2. The cryptocurrency market has experienced two years of bear market cleansing. All institutions have been killed, miners have been buried, and even retail investors have been severely cut, and the dealers have obtained a bunch of cheap chips.
3. The halving of Bitcoin in 2024 is an excellent story. If you want others to buy Bitcoin, of course you have to find a reasonable reason. Now the halving is simply a perfect excuse.
4. Everyone has reached a consensus that 2024 is the year when the bull market is coming, so everyone rushed in, only buying and not selling, and it was easy for the dealers to pull the market.
