2024 is the year of the bull run. Here's why;#Bitcoin
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S&P500 records its all time high, and
historically it leads to an increased interest in
crypto as an alternative asset.
A nearly 50% drop in inflation boosts
confidence in alternative ways to store value, like
cryptocurrencies. This makes crypto a good
choice to protect against inflation.
#BitcoinETF has been approved and we might
also see #ETHETF approval in May.
The next #Bitcoin halving in April, and
historically, a parabolic bull-run begins a few
months after the halving.
Expectations of rate cuts lead investors to
start looking for alternative assets, with
#cryptocurrencies becoming attractive for
potential high returns.
People are getting FOMO about #crypto because
of all these reasons, and those who don't pay
attention might miss out on big opportunities.