Crypto Mini Bull Run
Just writing down my some thoughts. There’s a possibility that we are entering a mini bull run. The widely accepted view is that Bitcoin (BTC) will rise to $40,000 — $42,000 and then undergo a correction. However, I believe there could be a potential mini bull run that propels it to $48,000, followed by a $10,000 correction, bringing it back down to around $38,000. This scenario might unfold following the anticipated approval of multiple BTC ETFs. I expect the actual bull run to commence in late November 2024. What I’ve learned from previous crypto bull runs is that the end outcome is somewhat predictable, yet the details of each cycle become highly unpredictable.