The four core cornerstones of this bull market:

1. The U.S. SEC’s approval of Bitcoin spot ETFs (can bring huge over-the-counter capital inflows of hundreds of billions)

2. The Fed's interest rate hike cycle is coming to an end, which means it will no longer continue to tighten (at most one more time, and it may even stop raising interest rates. After high interest rates go sideways for a while, it enters an interest rate cut cycle)

3. The emergence of BRC20 has led to the prosperity of the BTC ecosystem (and the various public chains derived from it to develop their own *RC20 concepts, plus the stimulus of Ordi’s tens of thousands of times the wealth effect)

4. BTC’s major halving event in April next year (since Bitcoin has been mined almost entirely, future halvings will have little impact.) #牛市布局 #比特币40000美金