Let's dive into the three catalysts that are expected to drive the next bull run:
1️⃣ Spot Bitcoin ETF approvals: The approval of Bitcoin ETFs, especially Blackrock's filing, has the potential to bring a significant amount of capital into the crypto market. With over $9 trillion in assets under management, their involvement could be a game-changer.
2️⃣ Bitcoin Halving: The next halving is anticipated to occur in April 2024. Historically, the six months leading up to a halving have presented great long-term buying opportunities for Bitcoin.
3️⃣ Bitcoin's undervaluation: Several key on-chain metrics indicate that Bitcoin is still undervalued. This suggests that there may be room for further growth and potential upside in the future.
These catalysts, along with other factors, contribute to the positive sentiment surrounding Bitcoin's future prospects. It's an exciting time for crypto enthusiasts! 🚀💰
