**Bull Run Update! đ¨đ¨**
Many are claiming the bull run is over and predicting BTC will drop to $16k, but hereâs 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 hasnât fallen yet? The ETF filings. If youâre not familiar with ETFs, it's time to do some researchâor 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 overâbut letâs not forget that the total crypto market cap hit $3 trillion during the last bull run, and this time, weâve 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.
Youâre still able to grab altcoins at prices from when BTC was $16kâthis could be the last great buying opportunity before the next bull wave hits!
#bullrun2024đ #SahmRule #BinanceTurns7 #MtGoxJulyRepayments #MarketDownturn
