Some people said a period of time will shock people when the price of bitcoin will no more rise using the 4 years cycle. Some even said that bitcoin market is matured already that this bull run trends may not become possible by 2024. But the good news is, you should still believe in bitcoin, it will not disappoint you in the next cycle.
Because they don't have a solid understanding of Bitcoin and won't conduct any study, I don't usually find it surprising to see posts of this like. Everyone who is knowledgeable about bitcoin can possibly predict a bull run in 2024.I'm saying this because a lot of people are planning to invest in Bitcoin in 2024 simply because they don't want to miss that fantastic analysis of four years they have missed before. In addition, more people are learning about Bitcoin each and every day, so those of us who believe in Bitcoin can expect a massive increase in price. Always remember that prices increase with demand.
According to Ontario Securities Commission head, the chief executive officer, Grant Vingoe, he said that they know from their research that 30% of Canadians are willing to invest in crypto asset by 2024.
We know from our own research (being published later this month) that more than 30 per cent of Canadians plan to buy crypto assets in the next year [...] It is a challenge to bar non-compliant firms from offering services in Canada. With a limited budget and finite Enforcement staff to cover our entire capital markets, there is only so much we can do. But we are making progress.
Before even 2024 many countries companies will accept Bitcoin accept
and start investing in it and accept it in form of payment. We can see that Bitcoin is becoming more widely known every single day.
what should we expect by that time and 2025? Bull run.
even before 2025 the market price of Bitcoin will more than our expectations by increase in price . Let just keep believing in bitcoin and not to listing to those people who have invested in shitcoin or tokens and they losses their investment and now try to discourage others.