No matter what happens, Bitcoin is expected to rise, especially with the upcoming halving event. Just take a look at the current market and how Litecoin has been surging in recent days. Although there is no news yet about Litecoin being accepted as an ETF, its surge is solely due to the halving event taking place next month. Therefore, it stands to reason that regardless of any regulations or whether Bitcoin will be accepted as an ETF, Bitcoin will definitely experience a surge as it targets the halving event next year. So, my advice is to not lose hope in Bitcoin and to continue Dollar-Cost Averaging (DCA) by steadily investing in it. By doing so, you can keep your pockets growing and potentially reap the rewards in the long run. Remember, the market is full of opportunities, and Bitcoin's future remains promising.
It has happened many times before in the cryptocurrency industry, and many individuals who are familiar with Bitcoin anticipate that after the halving phase, the price of Bitcoin will increase. However, the rate at which investors in the crypto industry buy Bitcoin will determine whether the price of Bitcoin increases dramatically.
In contrast to other cryptocurrencies, the price of bitcoin can climb at any time, not just only when a halving event has place first.the price Bitcoin can also increase at anytime whenever there is a gain in bitcoin adoption. Even the recent increase in the price of Bitcoin, from $25k to $30k in a matter of days, can be attributed to the new adoption that the cryptocurrency market may experiences.