RE: Upcoming Bitcoin bull run3 Sep 2023 23:20
Usually there is a bull run every four years. The last being in 2021 as that’s when I began investing, so managed to gain some profit. If we’re going by cycles then the next bull run will take place in 2024/5.
A lot of factors would suggest like I mentioned previously, such as European regulation, Bitcoin halving in 2024. Elon Musks plans to integrate cryptocurrency payments into the Twitter platform is interesting as that would be exposing crypto trading to over 400 million users worldwide. I would probably expect that to happen from next year. Mass adoption.
As for the stock market, I don’t see a rebound happening for the next 12-18 months, maybe longer. I believe there is certainly a lot of price upswing for QBT in the not-so-distant future and believe the next bull market will be massive. Remember, this will be the first bull run in its history with actual regulation, meaning a lot of institutions jumping onto the bandwagon. Global trade finance is set to become digitised from this month onwards, and there are crypto that will play a massive part in the digitisation of trade. Things are slowly coming together.