âď¸ The question on everyoneâs mind: When will the next crypto bull run happen? The truth is, the bull market has already begun! It quietly kicked off at the $49,000 markâa perfect buying opportunity that many missed. But unlike the explosive surge of 2020, this rally is unfolding at a slower pace. So, whatâs going on?
In 2020, central banksâled by the Federal Reserveâflooded the market with liquidity by slashing interest rates to combat the pandemic. This rapid money influx caused Bitcoin to skyrocket from a few thousand dollars to $65,000 in just six months and ultimately reach $69,000 by 2021. However, with no continued liquidity, that rally fizzled out.
This time, the scenario is different. Central banks are easing monetary policy slowly, not in one drastic move. Over the next six months, interest rates are expected to drop by 200 basis points, mirroring the 2017 bull run that steadily developed over a year and a half. This gradual approach explains the current sideways marketâliquidity hasnât fully hit yet.
The exciting news? Quantitative easing is on the way. The U.S., Europe, and China are slowly injecting more money into the economy. Combine that with Bitcoin ETF approvals and the growing presence of institutional investors, and youâve got the perfect setup for a major rally.
What Does This Mean for You?
Itâs simple: hold your coins and stay patient. With the market primed for a steady rise, 2024 could deliver 3x to 10x returns. This bull run may take time, but the rewards will be worth it.
đ Short-Term Catalyst: November Alert
Mark your calendars for early November. If Trump wins the election, Bitcoin could see a 20% surge in a single day, potentially pushing it toward $100,000 before yearâs end.
The bull market wave is gathering momentumâare you ready to ride it?
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