BITCOIN BULL RUN!

This bull cycle is different from the previous ones because today, it is very easy for retail investors and institutional investors to obtain Bitcoin as there are a huge number of online trading platforms.
Another reason why this bull cycle is different is that institutional investors drive the demand for BTC, and they support Bitcoin. Today, an increasing number of businesses are aware of the advantages of blockchain technology and cryptocurrencies, and this also positively impacts the market demand.

When it comes to the past bull runs, you can notice that the price has risen and followed an upward trend after a Bitcoin halving. After the first halving, in 2012, the price insignificantly rose from $11 to $12. But, about a year later, the price increased to $1,075 in November. The subsequent halving in 2016 prompted one of the most notable bull runs in Bitcoin history as the price went from $576 to $650. Again, a year later, after a steady growth cycle, Bitcoin broke its first record and reached $17,000 in December.

The price decreased in 2018, but this is an important period of the cryptocurrency because it marks a time of low volatility and steady growth in 2019, when it reached $10,000 in June. So, the future predictions are extremely positive because the crypto market has matured, and more organizations are aware of the positive aspects of blockchain technology and cryptocurrencies.

Bitcoin (BTC) price again reached an all-time high in 2021, as values exceeded over 65,000 USD in February 2021, April 2021 and November 2021. The first two were due to events involving Tesla and Coinbase, respectively, whilst the latter. Tesla’s announcement that it had acquired 1.5 billion U.S. dollars’ worth of the digital coin as well as the IPO of the U.S.’ biggest crypto exchange fueled mass interest. The world’s most well-known cryptocurrency, however, suffered a notable correction in April after speculation on government regulation. Another reason, according to experts, was an electricity blackout in the Xinjiang region in China. This unexpected development led to a decline in the Bitcoin hashrate - how many Bitcoins are being mined – and potentially spooked investors into selling their assets. According to a 2020 research based off IP addresses from so-called hashers that used certain Bitcoin mining pools, more than half of all the Bitcoin mining occurred in China. The third price hike was connected to the launch of a Bitcoin ETF in the United States.

I think we should be getting ready for a major bull run by December, grab enough bitcoin as you can now and sit tight and see it head for a massive bull run

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