This Bitcoin bullrun will be very different from the previous cycles!
🔸 Bitcoin have two major catalysts in this current bullrun that include Bitcoin Spot ETF approval and Bitcoin halving coming up next year in April 2024.
🔸 Bitcoin halving plays a very vital role historically in Bitcoin 4 year Bear and Bull cycles but this time around Bitcoin price is being pushed by institutions too which nobody have any idea what can be the magnitude of this Spot ETF approval because nobody has ever seen it before.
🔸 Institutions have billions of dollars to inject in this market after BTC Spot ETF approval and some are already speculating in this market on expected ETF approval.
🔸 If you have positioned yourself already in the market in the bear market then it might be better off just to hold and wait for the price action to unveil as things happen. But if you are waiting for a pullback then it might be a good idea to DCA into the coins you like gradually and don't just be a spectator. Market can do something different this time around which many of us may not be expecting.
🔸 How big of an impact ETF approval will have on this market nobody really have any idea but excitement in the market will increase for sure after ETF approval. New investors (Retail traders) will definitely enter the market once we get main stream media attention too.
🔹 If you want to get in touch with me checkout my profile!
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