2024-2025
A new round of global blockchain bull market "six major engines"
1. Bitcoin ETF has far-reaching significance
Once the U.S. SEC approves the ETF applications of various asset management giants, at least US$600 billion in funds will be injected into Circle B, triggering a surge in the entire Circle B.
2. The market situation of BTC halving
In April 2024, BTC will usher in the fourth halving. Each halving is accompanied by a sharp rise in BTC; when the leader rises, the overall trend lifts all boats. History may not repeat itself, but it has reference significance.
On November 28, 2012, BTC was halved for the first time, the block reward was reduced to 25 BTC, and the BTC price rose from US$12 to US$1,217.
On July 8, 2016, BTC was halved for the second time, the block reward was reduced to 12.5 BTC, and the BTC price rose from US$647 to US$19,800.
On May 12, 2020, BTC was halved for the third time, the block reward was reduced to 6.25 BTC, and the BTC price rose from US$8,787 to a maximum of US$64,507.
3. Expectations for the Federal Reserve to cut interest rates in 2024 or 2025
Cutting interest rates is a monetary policy that serves the fundamentals of the economy. Market liquidity will increase, and liquidity can be injected into the market to stimulate the market. The current interest rate of the Federal Reserve is 5.5%. Once the Federal Reserve announces that it will start to cut interest rates, it will definitely make the risky assets in the B circle of U.S. stocks Big rise.
4. European Encryption Regulation Act
It is the first bill passed by the largest region in the world in the true sense. It will promote a large number of institutions and capital to enter the encryption industry legally and compliantly. In the last bull market, Grayscale, MicroStrategy, and Tesla bought BTC. The more institutions enter the market, the more dynamic it will be.
5. Hong Kong, China
Starting from June 1, 2023, the encryption industry will be officially legalized, which will leverage some U.S. policies to a certain extent. It will be a good rain after a long drought for the entire encryption world. It will play an important role and driving force in reforming the financial system for the world. It is significant. Profound.
6. Bitcoin Network
The BRC20 inscription new generation application was born based on the Ordinals protocol, breaking the single transfer payment attribute of Bitcoin, and will continue to penetrate and extend more Bitcoin ecology. At the same time, through inscription, it also lowers the threshold for global players to participate in the Bitcoin ecology, and will be introduced to the world. One billion players have entered a new round of bull market, laying a solid traffic foundation.
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