Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Kickstart January in style
by
EL MOHA
on 02/01/2024, 21:56:15 UTC
I heard of a speculation in the past that if spot Bitcoin ETF gets approved, we could witness a bull run two times. One before the halving if Bitcoin ETF gets approved and the other one will come after the halving as it normally does after every halving cycle. I’m very much optimistic about this speculation and if the spot Bitcoin ETF gets approved, that should be expected to trigger the market a lot before the halving event takes place.

Yes we are definitely going to see a little pump between now and second quarter of the year which bitcoin halving will take place but this wouldn’t be regarded as a bull run because not much of a pump will happen. We might even see a price drop if the ETF is even postponed or not approved, although all indications suggest it wouldn’t be disapproved. Nonetheless my focus on just anything that happens is that the real bull run will happen some months after the bitcoin halving in April.

The pump that will happen after ETF approval will just be as a result of hype and that wouldn’t last so my bull run remains after halving