**Bull Run Update! 🚨🚨**
Many are claiming the bull run is over and predicting BTC will drop to $16k, but here’s why I disagree. When BTC was at $16k, major altcoins like Solana and Ethereum surged, while other big names like DOT, LINK, ICP, and Cardano remained around the same prices as today.
The reason BTC hasn’t fallen yet? The ETF filings. If you’re not familiar with ETFs, it's time to do some research—or I can drop a post explaining in the comments.
Keep in mind, when BTC dropped below $60k, people were buying in huge numbers. When it hit $49k, even giants like BlackRock and Fidelity joined the frenzy. Now, some think the bull run is over—but let’s not forget that the total crypto market cap hit $3 trillion during the last bull run, and this time, we’ve only seen a peak around $2.6-2.7 trillion. But with ETFs for BTC, Ethereum, and even Solana, this market cap is set to soar beyond $3 trillion.
You’re still able to grab altcoins at prices from when BTC was $16k—this could be the last great buying opportunity before the next bull wave hits!
#bullrun2024📈 #SahmRule #BinanceTurns7 #MtGoxJulyRepayments #MarketDownturn