Let me first say the answer: It is very likely. There are seven reasons to prove it:
1. The United States is launching its own cryptocurrency exchange. The largest U.S. investment company group, including Citadel, Charles Schwab and Fidelity Digital Assets, will launch a bitcoin exchange this week. The purpose of opening an exchange is to make money. How can you make money when the market is not good?
2. The Fed’s interest rate hikes are coming to an end. It will definitely stop raising interest rates this year and may even cut interest rates, which is a huge boon to the market!
3. Bitcoin will have its next halving in early 2024. This is the ultimate benefit.
4. The bear market has lasted for more than two years. Based on past experience, it is almost time for a reversal.
5. All altcoins have fallen to the point where they can no longer fall, and are basically in a terrible state.
6. Ethereum is about to usher in the next upgrade, Cancun upgrade, which will greatly reduce gas fees and improve efficiency. L2 is now very popular, OP, ARB, STRK, ZKS... a hundred schools of thought contend
7. There is more and more positive news coming from Hong Kong and other areas. Under these trends, my only advice is to hold on to your chips and wait for the bull market to take off!
