When will we see the Next Crypto Bull run?
Now a days, I am receiving many questions When will we see the Next Crypto Bull run? Bitcoin is a evergreen asset. It is a lot volatile & you all are very well aware of returns. so here’s my theory on it.
There are three major symptoms by which we can know when will crypto bull run will start
1, Bitcoin Halving: Bitcoin halving as per historically, the bitcoin hits bottom before the 365-500 days before the Bitcoin halving cycle. so let me tell you now approx 480 days left in next Bitcoin halving which is dated on April 13 2024.
2,washout of scam and weak companies: in every market cycle whenever a weak phase comes than slowly and gradually the company which are weak are getting washing off for Ex: FTX, TERRA (Luna) etc. personally I felt that this in the last leg of market downfall and probably the market will start rebuilding in early 2023. so slowly your investments will start increasing…
3, decrease in interest rates:whenever interest rates are decreased the people left extra money so people start investing that money in cryptos, stocks, real-estate, commodities etc. because of that prices starts increasing, us counter, FED and RBI had given the signal that they will start decreasing the interest news which is overall a good news.
SOME FAQ’s
- Do Banks accept Bitcoin?But surprisingly, some banks are crypto-friendly. Some big banks even allow you to buy digital assets. Whether you’re looking to switch banks or want to know if your bank has any crypto integrations, this guide will break down your options.
- Who has the highest Bitcoins?Michael Saylor Over time, Saylor has become a fierce supporter of Bitcoin and appeared on news and cryptocurrency conferences to evangelize its benefits and use cases. 19 By December 2021, MicroStrategy had increased its holdings in Bitcoin to $3.5 billion, swooping in to buy the cryptocurrency during price dips.
- Where is Bitcoin made?Bitcoin runs on a decentralized computer network or distributed ledger that tracks transactions in the cryptocurrency. When computers on the network verify and process transactions, new bitcoins are created, or mined. These networked computers, or miners, process the transaction in exchange for a payment in Bitcoin.
- Will crypto market rise again?Going ahead, some experts believe that crypto markets will bounce back from the current low levels, citing ease in inflation and less hawkish policy stance by central banks across the globe.
- Is it good time to buy crypto?Experts say the best time of day to buy cryptocurrency is early in the morning before the NYSE opens since values tend to rise as the day goes on. Be sure to pay attention to slight daily fluctuations across different cryptocurrencies since trends will vary from coin to coin.
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