There is no bullrun without Halving.
The bitcoin ETF even if approved will only cause a small pump and then stabilise price. A regulated bitcoin, cannot experience massive pumps like we have seen in the past.
Bitcoin Halving is the fundamental that has always caused a bull market, because it causes scarcity and increases demand.
Let's look at Past halvings show price movements:
First Halving (Nov 28, 2012):
- Pre-halving ATL: $2.01
- Halving: ~$11.25
- ATH (1 year later): ~$1,165
Second Halving (July 9, 2016):
- Pre-halving ATL : ~$164.
- Halving: ~$650.63
- ATH (1 year later): ~$19,783
Third Halving (May 11, 2020):
- Pre-halving ATL: ~$3,850
- Halving: ~$8,534.67
- New ATH (Dec 17, 2020): ~$23,917
Next halving: April/May 2024. Plan your entry points, consider alts, and remember that the bears last longer than the bull